LOLC Endowment (EIN 810812314) - Form 990 Financial Analysis & Trantor Score

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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

Justin Witte

Phone

5592503351

Tax Period

2023-01-01 to 2023-12-31

LOLC Endowment, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $124K in total revenue in fiscal year 2023. Revenue surged 96% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 70% operating margin.

Mission

The specific purpose of this organization is to promote and improve the community, including but not limited to relief of the poor, the distresed, or the underprivileged, combating community deterioration, and to do all things appropriate to further such purpose.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $71,052

Other Revenue $53,411

TOTAL REVENUE $124,463

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,000

Other Expenses $37,675

TOTAL EXPENSES $37,675

Year-over-Year Comparison

	2023	2022	Change
Revenue	$124,463	$63,394	+1.0%
Expenses	$37,675	$253,183	-0.9%
Net Income	$86,788	$-189,789	-1.5%

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

N/A

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
Justin Witte	President	1.00	Officer Director	$0	$0	$0
Doug Richardson	Vice President	1.00	Officer Director	$0	$0	$0
Susan Derpinghaus	Secretary	1.00	Officer Director	$0	$0	$0
Gwen Connolly	Treasurer	1.00	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$124,463	$37,675	$1,621,427	$86,788
2022	$63,394	$253,183	$1,534,639	$-189,789
2021	$151,527	$12,755	$1,724,428	$138,772
2020	$92,951	$11,231	$1,585,656	$81,720
2019	$191,688	$10,837	$1,503,936	$180,851

LOLC Endowment