PAN AM 103-LOCKERBIE LEGACY FOUNDATION INC (EIN 832995873) - 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

M VICTORIA CUMMOCK

Phone

3056656740

Tax Period

2024-01-01 to 2024-12-31

PAN AM 103-LOCKERBIE LEGACY FOUNDATION INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $373K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $938K exceeded revenue, resulting in a 152% operating deficit.

Mission

We give voice and remember the 270 people murdered in the terrorist attack of December 21, 1988. We chronicle the stories of the victims, families, townspeople,first responder.

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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 $372,650

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $372,650

Expense Breakdown

Grants Paid $26,007

Salaries & Benefits $302,311

Fundraising Expenses $0

Program Expenses $938,489

Other Expenses $610,171

TOTAL EXPENSES $938,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$372,650	$315,929	+0.2%
Expenses	$938,489	$992,272	-0.1%
Net Income	$-565,839	$-676,343	-0.2%

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

N/A

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
M VICTORIA CUMMOCK	CEO	5.00	Officer	$0	$0	$0
PAUL HUDSON	DIRECTOR	1.00	Officer	$0	$0	$0
LYNN MARTENSTEIN	DIRECTOR	1.00	Officer	$0	$0	$0
DAVID Jr LAWRENCE	DIRECTOR	1.00	Officer	$0	$0	$0
CARISA HARRIS-ADAMSON	DIRECTOR	1.00	Officer	$0	$0	$0
JODI FLOWERS	DIRECTOR	1.00	Officer	$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	$372,650	$938,489	$134,687	$-565,839
2023	$315,929	$992,272	$340,709	$-676,343
2022	$379,790	$812,077	$719,584	$-432,287
2021	$228,145	$449,724	$650,304	$-221,579
2020	$171,352	$191,509	$715,625	$-20,157

PAN AM 103-LOCKERBIE LEGACY FOUNDATION INC