THE LOTUS CENTER INC

EIN: 823468934 501(c)(3) Mental Health

MOORHEAD, MN

Total Revenue
$1,089,293
Total Expenses
$1,155,111
Total Assets
$55,587
Net Assets
$-32,322
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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
Principal Officer
CLINT HOWITZ
Phone
2182841800
Tax Period
2022-10-01 to 2023-09-30

THE LOTUS CENTER INC, founded in 2018, is a community nonprofit in the Mental Health sector that reported $1.1M in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

OUR MISSION IS TO HOLISTICALLY MEET THE NEEDS, PROVIDE OPPORTUNITIES, AND IMPROVE QUALITY OF LIFE FOR THOSE IMPACTED BY ALL ASPECTS OF ADDICTION.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $193,143
Program Service Revenue $896,137
Investment Income $13
Other Revenue $0
TOTAL REVENUE $1,089,293

Expense Breakdown

Grants Paid $0
Salaries & Benefits $783,847
Fundraising Expenses $14,714
Program Expenses $740,400
Other Expenses $371,264
TOTAL EXPENSES $1,155,111

Year-over-Year Comparison

2022 2021 Change
Revenue $1,089,293 $938,902 +0.2%
Expenses $1,155,111 $861,011 +0.3%
Net Income $-65,818 $77,891 -1.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
18
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLINT HOWITZ PRESIDENT N/A
Officer Director
$0 $0 $0
BRITTANY HOGAN BOARD MEMBER N/A
Director
$0 $0 $0
MEGAN CROMMET BOARD MEMBER N/A
Director
$0 $0 $0
ROBERTA PYTLIK BOARD MEMBER N/A
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 $1,089,293 $1,155,111 $55,587 $-65,818
2022 $938,902 $861,011 $128,853 $77,891
2021 $291,785 $342,737 $12,084 $-50,952
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