LONELY ENTREPRENEUR INC (EIN 825384709) - 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

Michael Dermer

Phone

2016869684

Tax Period

2024-01-01 to 2024-12-31

LONELY ENTREPRENEUR INC, founded in 2018, is a community nonprofit in the Education sector that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 10% surplus.

Mission

To empower 1 million entrepreneurs (especially underserved entrepreneurs) to turn their passion into success by enabling them with the knowledge, tools and support they need to succeed

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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 $3,009,180

Program Service Revenue $1,101,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,110,180

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $9,000

Program Expenses $3,471,070

Other Expenses $3,692,070

TOTAL EXPENSES $3,692,070

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,110,180	$3,180,996	+0.3%
Expenses	$3,692,070	$2,932,479	+0.3%
Net Income	$418,110	$248,517	+0.7%

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

$150,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Samantha Lankford	Executive Director of Entrepreneur Success	20	Key Emp	$0	$0	$150,000
Yvette Donado	Board Member and Head Hispanic Entrepreneur Initiatives Lead	20	Director	$0	$0	$0
Dale Moss	Board Member	10	Director	$0	$0	$0
Marcel Portmann	Board Member	20	Director	$0	$0	$0
Sadiq Sharif	Board Member	20	Director	$0	$0	$0
Victoria Sherman	Vice President and Board Member	20	Officer Director	$0	$0	$0
Michael Dermer	CEO and Board Member	20	Officer Director Key Emp	$0	$0	$0
Nolan McCants	Strategic Advisor	20	Key Emp	$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	No data	No data	No data	No data
2024	$4,110,180	$3,692,070	$672,386	$418,110
2023	$3,180,996	$2,932,479	$879,275	$248,517
2022	$2,098,492	$1,845,918	$913,238	$252,574
2021	$1,114,107	$955,347	$338,631	$158,760
2021	$1,076,574	$955,347	$301,098	$121,227
2020	$595,989	$493,950	$165,621	$102,039

LONELY ENTREPRENEUR INC