LUTHER BURBANK CORPORATION FOUNDATION (EIN 823293510) - 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

LAURA TARANTINO

Phone

7075239876

Tax Period

2023-01-01 to 2023-12-31

Mission

MAKING CONTRIBUTIONS FOCUSED ON THE THREE PRIORITY AREAS OF (1) SOCIAL AND HUMAN SERVICES; (2) COMMUNITY DEVELOPMENT; AND (3) EDUCATION.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $738,564

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $738,564

Other Expenses $20,901

TOTAL EXPENSES $759,465

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$283,861	-1.0%
Expenses	$759,465	$247,523	+2.1%
Net Income	N/A	$36,338	N/A

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
VICTOR S TRIONE	DIRECTOR	1.00	Director	$0	$0	$0
SIMONE LAGOMARSINO	PRESIDENT AND CEO	0.20	Officer Director	$0	$0	$0
LAURA TARANTINO	TREASURER/CEO	0.20	Officer Director	$0	$0	$0
GREG SMITH	SECRETARY	0.20	Officer Director	$0	$0	$0
TAMMY MAHONEY	DIRECTOR	3.00	Director	$0	$0	$0
KRISTEN WILBUR	DIRECTOR	1.00	Director	$0	$0	$0
TRINITY KENT	DIRECTOR	1.00	Director	$0	$0	$0
MONA GAIL BAKER	DIRECTOR	1.00	Director	$0	$0	$0
LOIS BAXTER	DIRECTOR (THROUGH JUNE 2023)	0.10	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
2023	No data	$759,465	No data	No data
2022	$283,861	$247,523	$759,465	$36,338
2021	$428,012	$311,300	$723,127	$116,712
2020	$423,307	$260,143	$606,415	$163,164
2019	$510,574	$402,648	$443,251	$107,926
2018	$781,953	$485,743	$335,325	$296,210

LUTHER BURBANK CORPORATION FOUNDATION