LOWER LIGHTS SCHOOL OF WISDOM (EIN 822651124) - 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

2018

Legal Domicile

Principal Officer

THOMAS MCCONKIE

Phone

8018597131

Tax Period

2024-01-01 to 2024-12-31

LOWER LIGHTS SCHOOL OF WISDOM, founded in 2018, is a small nonprofit in the Religion sector that reported $387K in total revenue in fiscal year 2024. Revenue surged 115% from the prior year, signaling strong growth momentum. The organization ran a surplus of $111K, a strong 29% operating margin.

Mission

FOSTER PERSONAL DEVELOPMENT OF INVIDIUALS THROUGH EVENTS, TRAININGS AND ONE-ON-ONE MENTORING

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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 $44,158

Program Service Revenue $342,874

Investment Income $0

Other Revenue $0

TOTAL REVENUE $387,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,402

Fundraising Expenses $0

Program Expenses $235,602

Other Expenses $142,860

TOTAL EXPENSES $276,262

Year-over-Year Comparison

	2024	2023	Change
Revenue	$387,032	$179,941	+1.2%
Expenses	$276,262	$267,166	+0.0%
Net Income	$110,770	$-87,225	-2.3%

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

$92,000

Total Directors

$32,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLORIA PAK	CREATIVE DIRECTOR	15.00	Director	$32,000	$0	$32,000
JOHN KESLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE LARSON	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS MCCONKIE	FOUNDER/PRESIDENT	40.00	Officer	$92,000	$0	$92,000

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	No data	No data	No data	No data
2024	$387,032	$276,262	$330,997	$110,770
2023	$179,941	$267,166	$288,283	$-87,225
2022	$318,259	$278,022	$297,402	$40,237
2021	$389,760	$235,207	$311,870	$154,553
2020	$134,345	$168,907	$138,297	$-34,562
2019	$302,305	$230,016	$106,876	$72,289

LOWER LIGHTS SCHOOL OF WISDOM