RACERS FOR TOTS INC (EIN 813170089) - 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

LONNIE LAMB

Phone

4125924329

Tax Period

2024-01-01 to 2024-12-31

RACERS FOR TOTS INC, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $110K in total revenue in fiscal year 2024. Expenses of $102K left a modest 7% surplus.

Mission

THE ORG OPERATES TO HELP NEEDY CHILDREN BY RAISING FUNDS TO PURCHASE NEW TOYS OR ACCEPTING DONATIONS OF NEW TOYS TO BE DISTRIBUTED THRU OTHER 501C3 ORGANIZATIONS.

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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 $109,743

Program Service Revenue $0

Investment Income $5

Other Revenue $0

TOTAL REVENUE $109,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $101,634

Other Expenses $101,634

TOTAL EXPENSES $101,634

Year-over-Year Comparison

	2024	2023	Change
Revenue	$109,748	$109,748	N/A
Expenses	$101,634	N/A	N/A
Net Income	$8,114	$109,748	-0.9%

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

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
BOB ADLEY	DIRECTOR	10.00	Director	$0	$0	$0
CHRISSY SALERNO	DIRECTOR	10.00	Director	$0	$0	$0
JOHN GORCHOCK	DIRECTOR	10.00	Director	$0	$0	$0
ROB URICH	DIRECTOR	10.00	Director	$0	$0	$0
KRISTINA ATKINSON	DIRECTOR	10.00	Director	$0	$0	$0
JAMES HUFF	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
JASON BICHLER	TREASURER	20.00	Officer Director	$0	$0	$0
CATHY LAMB	SECRETARY	10.00	Officer	$0	$0	$0
LONNIE LAMB	PRESIDENT	20.00	Officer	$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	$109,748	$101,634	$50,731	$8,114
2023	$107,760	$101,505	$42,617	$6,255
2022	$75,015	$83,146	$36,362	$-8,131
2021	$75,499	$53,354	$44,493	$22,145
2020	$18,492	$14,565	$22,348	$3,927
2019	$68,860	$71,188	$18,421	$-2,328
2018	$67,979	$64,570	$20,749	$3,409

RACERS FOR TOTS INC