THE LOFT US (EIN 814353194) - 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

MARDI NORMAN

Phone

3103509991

Tax Period

2023-01-01 to 2023-12-31

THE LOFT US, founded in 2016, is a small nonprofit in the Education sector that reported $362K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $313K left a modest 14% surplus.

Mission

TO DEVELOP JOYFUL LEARNERS. WE STAND BY THE IMPORTANCE OF CRITICAL THINKING, INDEPENDENCE, AND EMPATHY IN A 21ST CENTURY GLOBAL WORLD. OUR GOALS ARE NOT THROUGH STANDARDIZED TESTING, RATHER THROUGH INTUITIVE SELF-EVALUATION AND (IF DESIRED) PRESENTING THEIR PROGRESS FOR PARENTS AND PEERS. AT THE LOFT WE IGNITE A PASSION FOR EDUCATION IN THE WHOLE CHILD THROUGH: PROJECT BASED LEARNING, DRIVING QUESTIONS AND SELF DIRECTION.

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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 $37,826

Program Service Revenue $324,570

Investment Income $1

Other Revenue $0

TOTAL REVENUE $362,397

Expense Breakdown

Grants Paid $0

Salaries & Benefits $115,602

Fundraising Expenses $2,170

Program Expenses $241,796

Other Expenses $197,520

TOTAL EXPENSES $313,122

Year-over-Year Comparison

	2023	2022	Change
Revenue	$362,397	$246,762	+0.5%
Expenses	$313,122	$221,131	+0.4%
Net Income	$49,275	$25,631	+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

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
DAVE KING	CFO	1.00	Officer Director	$0	$0	$0
MARDI NORMAN	PRESIDENT/EXECUTIVE DIRECTOR	5.00	Officer Director	$0	$0	$0
LINDSEY BUTTLES	SECRETARY	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
2024	No data	No data	No data	No data
2023	$362,397	$313,122	$153,006	$49,275
2022	$246,762	$221,131	$101,228	$25,631

THE LOFT US