LYDIA'S CLOSET CONSORTIUM NFP (EIN 812888931) - 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

2016

Legal Domicile

Principal Officer

PHILLIP BOYD

Phone

6185535886

Tax Period

2025-01-01 to 2025-12-31

LYDIA'S CLOSET CONSORTIUM NFP, founded in 2016, is a small nonprofit in the Youth Development sector that reported $128K in total revenue in fiscal year 2025. Revenue decreased 16% compared to the prior year. Expenses of $154K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE ORGANIZATION'S PURPOSE IS TO PROVIDE COLLEGE SCHOLARSHIPS AND SKILL IMPROVEMENT OPPORTUNITIES FOR INDIVIDUALS WHO ARE COMMITTED TO SHARING THE MESSAGE OF THE GOSPEL OF JESUS CHRIST, AS WELL AS TO GIVE BACK TO OUR COMMUNITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $106,823

Program Service Revenue $0

Investment Income $20,961

Other Revenue $0

TOTAL REVENUE $127,784

Expense Breakdown

Grants Paid $149,677

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $149,677

Other Expenses $4,105

TOTAL EXPENSES $153,782

Year-over-Year Comparison

	2025	2024	Change
Revenue	$127,784	$151,268	-0.2%
Expenses	$153,782	$163,734	-0.1%
Net Income	$-25,998	$-12,466	+1.1%

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
ROBERT K BOMER	DIRECTOR	N/A	Director	$0	$0	$0
PHILLIP BOYD	TREASURER, D	N/A	Officer Director	$0	$0	$0
GREG K HENRY	DIRECTOR	N/A	Director	$0	$0	$0
NATHANIEL WHISLER	SECRETARY, D	N/A	Officer Director	$0	$0	$0
DAVID E WOLFE	PRESIDENT, D	N/A	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	$127,784	$153,782	$255,949	$-25,998
2024	$151,268	$163,734	$281,947	$-12,466
2023	$159,838	$198,769	$294,413	$-38,931
2022	$123,307	$162,261	$333,344	$-38,954
2021	$128,950	$130,209	$372,071	$-1,259
2020	$116,492	$165,091	$366,291	$-48,599
2019	$241,286	$261,972	$414,890	$-20,686

LYDIA'S CLOSET CONSORTIUM NFP