LAUGHLIN FAMILY FOUNDATION FOR RARE CANC (EIN 832724286) - 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

LINDA LAUGHLIN

Phone

3019081741

Tax Period

2023-01-01 to 2023-12-31

LAUGHLIN FAMILY FOUNDATION FOR RARE CANC, founded in 2018, is a small nonprofit in the Medical Research sector that reported $253K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $290K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROMOTE FUNDING INITIATIVES AND EDUCATION REGARDING RARE CANCERS

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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 (2023)

Revenue Breakdown

Contributions & Grants $147,897

Program Service Revenue $0

Investment Income $99

Other Revenue $104,535

TOTAL REVENUE $252,531

Expense Breakdown

Grants Paid $162,102

Salaries & Benefits $96,500

Fundraising Expenses $0

Program Expenses $162,102

Other Expenses $31,743

TOTAL EXPENSES $290,345

Year-over-Year Comparison

	2023	2022	Change
Revenue	$252,531	$190,323	+0.3%
Expenses	$290,345	$85,133	+2.4%
Net Income	$-37,814	$105,190	-1.4%

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

$96,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG LAUGHLIN	PRESIDENT	20.00	Officer Director	$0	$0	$0
LINDA LAUGHLIN	VICE-PRESIDENT	5.00	Officer Director	$0	$0	$0
RICHARD A BARSKY	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
COURTNEY LAUGHLING	EXECUTIVE DIRECTOR	20.00	Director	$96,500	$0	$96,500

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
2023	$252,531	$290,345	$208,887	$-37,814
2022	$190,323	$85,133	$246,702	$105,190
2021	$132,638	$141,815	$141,512	$-9,177
2020	$156,830	$22,220	$150,689	$134,610

LAUGHLIN FAMILY FOUNDATION FOR RARE CANC