LEAN ON ME FOUNDATION (EIN 832644942) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

TERESA SOULE

Phone

4065790249

Tax Period

2023-01-01 to 2023-12-31

Mission

THE CITY OF LIVINGSTON IS LOCATED IN AN ECONOMICALLY DEPRESSED RURAL AREA NEAR THE ENTRANCE TO YELLOWSTONE NATIONAL PARK. HISTORICALLY, THE CITY HOSTED A THREE DAY "SUMMERFEST" EACH SUMMER, WHICH RAISED FUNDS FOR THE CITY'S PARKS AND YOUTH PROGRAMS. THIS THREE DAY EVENT INCLUDED MAJOR NATIONAL TOURING MUSICIANS (I.E., IN PRIOR YEARS THE KINGSTON TRIO AND CHERYL CROW WERE HEADLINERS) AS WELL AS MORE LOCAL BANDS. THE LOCAL HIGH SCHOOL REUNIONS WERE HELD DURING THE THREE DAY EVENT, AND MANY CRAFT AND FOOD VENDORS ALSO PARTICIPATED. IT FUNCTIONED AS A MAIN DRAW FOR TOURISM AND SPENDING IN THE DOWNTOWN AREA. THE CITY SUSPENDED ITS SUPPORT OF THIS PROGRAM SEVERAL YEARS AGO CITING INCREASED COSTS AND LAGGING ATTENDANCE. THIS ORGANIZATION WAS FORMED TO REVITALIZE THE EVENT.IN 2019, THE INAGURAL YEAR, THE EVENT WAS A ONE DAY PROGRAM, BUT IN FUTURE YEARS THE POTENTIAL EXISTS TO EXPAND IT BACK TO THE LONG WEEKEND. FUNDS ARE RAISED THROUGH LOCAL SPONSORSHIPS AND DONATIONS FROM THE PUBLIC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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 $5,738

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,738

Other Expenses $0

TOTAL EXPENSES $5,738

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$16,348	-1.0%
Expenses	$5,738	$15,952	-0.6%
Net Income	N/A	$396	N/A

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
CORY SOULE	SECRETARY/TR	2.00	Director	$0	$0	$0
TERESA SOULE	BOARD PRESID	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
2023	No data	$5,738	No data	No data
2022	$16,348	$15,952	$5,738	$396
2021	$2,878	$2,016	$5,342	$862
2020	$1,288	$480	$4,480	$808

LEAN ON ME FOUNDATION