LOST IN THE 50'S 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

1999

Legal Domicile

Principal Officer

CAROLYN GLEASON

Phone

2082655678

Tax Period

2024-01-01 to 2024-12-31

LOST IN THE 50'S INC, founded in 1999, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $4K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $6K exceeded revenue, resulting in a 51% operating deficit.

Mission

MAJOR SMALL TOWN EVENT DRAWING HUNDREDS OF PEOPLE FOR A 2 DAY EVENT FEATURING A CAR SHOW AND DANCE AND 5K RUN. BENEFITTING AREA HOTELS AND RESTAURANTS PLUS A NUMBER OF AREA CLUBS AND ORGANIZATIONS IN FUNDRAISING ACTIVITIES.

Program Service Accomplishments

Program 1

CAR SHOW FEES, MERCHANDISE SALES, CONCERT & DANCE TICKET SALES WHICH PROVIDE THE REVENUE TO HOLD THE EVENT. THIS ACTIVITY BENEFITS THE AREA HOTELS AND RESTAURANTS BY DRAWING IN HUNDREDS OF PEOPLE TO THE AREA. THE ACTIVITY ALSO HELPS ARE CLUBS AND ORGANIZATIONS IN THEIR FUNDRAISING ACTIVITIES.

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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 $65,739

Program Service Revenue $0

Investment Income $0

Other Revenue $-61,431

TOTAL REVENUE $4,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,499

Other Expenses $6,499

TOTAL EXPENSES $6,499

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,308	$6,453	-0.3%
Expenses	$6,499	$5,536	+0.2%
Net Income	$-2,191	$917	-3.4%

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
CAROLYN GLEASON	PRESIDENT	N/A	Officer Director	$0	$0	$0
SALLY TRANSUE	TREASURER	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
2024	$4,308	$6,499	$319	$-2,191
2023	$6,453	$5,536	$2,510	$917
2022	$4,233	$11,917	$1,592	$-7,684
2021	No data	$2,368	$5,481	No data
2020	No data	$1,682	$7,849	No data
2019	$-14,113	$5,590	$11,075	$-19,703
2018	$-8,836	$7,036	$7,234	$-15,872