Localization Lab 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

2018

Legal Domicile

Phone

9376263617

Tax Period

2024-01-01 to 2024-12-31

Localization Lab Inc, founded in 2018, is a small nonprofit in the Civil Rights & Advocacy sector that reported $985K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $906K left a modest 8% surplus.

Mission

We connect communities, partner organizations and developers to create conversations around the importance of cultural and linguistic context in technology.

Program Service Accomplishments

Program 1

Expenses: $701,090

we have made open source technology available to underrepresented communities in 220 languages, bringing equal access to information, better representation online, and growing the user base of our...

we have made open source technology available to underrepresented communities in 220 languages, bringing equal access to information, better representation online, and growing the user base of our supported projects.

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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 $622,432

Program Service Revenue $362,217

Investment Income $0

Other Revenue $0

TOTAL REVENUE $984,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $586,253

Fundraising Expenses $40,000

Program Expenses $701,090

Other Expenses $320,246

TOTAL EXPENSES $906,499

Year-over-Year Comparison

	2024	2023	Change
Revenue	$984,649	$877,130	+0.1%
Expenses	$906,499	$1,223,473	-0.3%
Net Income	$78,150	$-346,343	-1.2%

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

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
Nicolas Sera-Leyva	Treasurer	5.00	Officer Director	$0	$0	$0
Dragana Kaurin	Executive Dir.	40.00	Officer Director	$0	$0	$0
Diana Biggs	Trustee	2.00	Director	$0	$0	$0
Mallory Knodel	Trustee	2.00	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	$984,649	$906,499	$749,994	$78,150
2022	$1,686,748	$855,876	$1,010,703	$830,872
2021	$474,235	$453,905	$179,028	$20,330
2020	$432,738	$329,463	$158,701	$103,275
2019	$312,295	$279,858	$55,423	$32,437