LOCAL FOOD WORKS FOUNDATION

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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

JOHN HOLMQUIST

Phone

2126012844

Tax Period

2019-01-01 to 2019-12-31

LOCAL FOOD WORKS FOUNDATION, founded in 2018, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $10K in total revenue in fiscal year 2019. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $7K, a strong 73% operating margin.

Mission

The Local Food Works Foundation facilitates connectivity and growth in local food avenues through education and resource development.

Program Service Accomplishments

Program 1

The Local Food Works Foundation facilitates connectivity and growth in local food avenues through education and resource development.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $9,919

TOTAL REVENUE $9,919

Expense Breakdown

Grants Paid $500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,191

TOTAL EXPENSES $2,691

Year-over-Year Comparison

	2019	2018	Change
Revenue	$9,919	$22,962	-0.6%
Expenses	$2,691	$6,798	-0.6%
Net Income	$7,228	$16,164	-0.6%

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

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
MIKE SOETAERT	PRESIDENT	5	Director	$0	$0	$0
GAYLE MARTIN	SECRETARY	5	Director	$0	$0	$0
AMANDA STIRN	DIRECTOR	5	Director	$0	$0	$0
JAMES BOWDEN	VICE PRESIDENT	5	Director	$0	$0	$0
JOHN HOLMQUIST	TREASURER	5	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
2019	$9,919	$2,691	$23,393	$7,228
2018	$22,962	$6,798	$16,164	$16,164