LOTUS SUPPORTING FOUNDATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

CONSTANCE COLLINS

Phone

3056131573

Tax Period

2024-01-01 to 2024-12-31

LOTUS SUPPORTING FOUNDATION INC, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $182K in total revenue in fiscal year 2024. Expenses of $1.5M exceeded revenue, resulting in a 751% operating deficit.

Mission

LOTUS SUPPORTING FOUNDATION, INC. IS A NON-PROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE SUNDARI FOUNDATION, INC., A FLORIDA NOT-FOR-PROFIT CORPORATION AND A PUBLIC CHARITY UNDER SECTIONS 501 (C)(3) AND 509(A(3) OF THE INTERNAL REVENUE CODE. LOTUS SUPPORTING FOUNDATION, INC. WAS FORMED TO SECURE THE FINANCIAL STABILITY AND LONG-TERM VIABILITY OF THE SUNDARI FOUNDATION. LOTUS SUPPORTING FOUNDATION, INC. IS NOT AUTHORIZED TO BENEFIT ANY OTHER ORGANIZATION OTHER THAN THE SUNDARI FOUNDATION OR UPON DISSOLUTION AT A TIME WHEN THE SUNDARI FOUNDATION NO LONGER EXISTS, ONE OR MORE ORGANIZATIONS DEVOTED TO SIMILAR PURPOSES AS THE FOUNDATION WHICH ARE EXEMPT AS 501(C)(3) CHARITABLE ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $1,529,261

LOTUS SUPPORTING FOUNDATION, INC. IS A 501(C)(3)SUPPORTING FOUNDATION FOR THE SUNDARI FOUNDATION, INC. AND ITS INITIATIVES, INCLUDING THE LOTUS WOMEN'S SHELTER AND ITS REDEVELOPMENT AND EXPANSION IN THE LOTUS VILLAGE PROJECT AS WELL AS THE PLANNED DEVELOPMENT AND THE CHILDREN'S VILLAGE AT LOTUS VILLAGE. LOTUS SUPPORTING FOUNDATION, INC. WAS FORMED TO SECURE THE FINANCIAL STABILITY AND LONG-TERM VIABILITY OF THE SUNDARI FOUNDATION, SO THE LOTUS HOUSE AND THE LOTUS VILLAGE WILL SERVE AS A RESOURCE FOR WOMEN,CHILDREN AND YOUTH IN NEED FOR GENERATIONS TO COME.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $181,836

Other Revenue $25

TOTAL REVENUE $181,861

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,529,261

Other Expenses $1,448,429

TOTAL EXPENSES $1,548,429

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,861	$178,226	+0.0%
Expenses	$1,548,429	$1,308,691	+0.2%
Net Income	$-1,366,568	$-1,130,465	+0.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CONSTANCE COLLINS	PRESIDENT/DI	N/A	Officer Director	$0	$0	$0
JULIE LOTSPEICH	SECTY, TREAS	N/A	Officer Director	$0	$0	$0
MARTIN MARGUILES	DIRECTOR	N/A	Director	$0	$0	$0
JOHN SUMBERG	VICE PRES/DI	N/A	Officer Director	$0	$0	$0
DEBBI WESCHLER	DIRECTOR	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$181,861	$1,548,429	$18,537,067	$-1,366,568
2023	$178,226	$1,308,691	$18,473,475	$-1,130,465
2022	$181,836	$759,710	$18,308,595	$-577,874
2021	$188,443	$274,455	$18,345,391	$-86,012
2020	$175,229	$384,802	$18,289,670	$-209,573
2019	$181,836	$728,544	$18,274,298	$-546,708
2018	$156,110	$622,674	$18,571,217	$-466,564