FOUNDATION FOR LEGACY PLANNING INC (EIN 822359674) - 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

2017

Legal Domicile

Principal Officer

Allan Harkness

Phone

9046794586

Tax Period

2025-01-01 to 2025-12-31

FOUNDATION FOR LEGACY PLANNING INC, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $476K in total revenue in fiscal year 2025. Revenue surged 314% from the prior year, signaling strong growth momentum. The organization ran a surplus of $359K, a strong 76% operating margin.

Mission

Through education and counseling we assist donors in determining suitable vehicles for fulfilling their charitable intentions We also help donors ensure their gifts to charity are funded using cost effective mechanisms such as donor advised funds or pooled income funds.

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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 $380,070

Program Service Revenue $0

Investment Income $95,441

Other Revenue $0

TOTAL REVENUE $475,511

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $94,937

Other Expenses $106,152

TOTAL EXPENSES $116,152

Year-over-Year Comparison

	2025	2024	Change
Revenue	$475,511	$114,844	+3.1%
Expenses	$116,152	$103,088	+0.1%
Net Income	$359,359	$11,756	+29.6%

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
Lindsay Harkness	Director	2	Director	$0	$0	$0
Allan Harkness	CEO	15	Officer Director Key Emp	$0	$0	$0
Margaret Harkness	CFO	15	Officer Director Key Emp	$0	$0	$0
Allison Harkness-Holt	Secretary	2	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	$478,591	$121,633	$1,691,876	$356,958
2025	$475,511	$116,152	$1,694,277	$359,359
2024	$114,844	$103,088	$1,321,474	$11,756
2023	$414,584	$101,594	$1,320,829	$312,990
2022	$373,964	$70,037	$1,001,188	$303,927
2021	$57,319	$50,419	$694,618	$6,900
2020	$507,832	$29,122	$685,495	$478,710
2019	$205,269	$3,838	$204,479	$201,431

FOUNDATION FOR LEGACY PLANNING INC