WHITE CANE FOUNDATION C/O DAVID & KELLY LAUER (EIN 833478011) - 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

2019

Legal Domicile

Principal Officer

KELLY LAUER

Phone

4027307147

Tax Period

2023-01-01 to 2023-12-31

WHITE CANE FOUNDATION C/O DAVID & KELLY LAUER, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $267K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $108K, a strong 40% operating margin.

Mission

FOR A DESCRIPTION OF THE ORGANIZATION'S MISSION STATEMENT.THE WHITE CANE FOUNDATION PROVIDES BRAND NEW CLOTHING AND HYGIENE ITEMS (BUNDLES OF JOY) FOR STUDENTS IN TITLE 1 ELEMENTARY SCHOOLS IN LINCOLN, NE. BUNDLES OF JOY ARE COMPRISED OF: SEASONAL CLOTHING, INCLUDING A COAT, TWO SHIRTS, TWO PAIRS OF PANTS, SHOES, SOCKS, UNDERGARMENTS, A TOOTHBRUSH, TOOTHPASTE, AND SOAP, DEODORANT, ETC.

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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 $256,508

Program Service Revenue $0

Investment Income $10,475

Other Revenue $111

TOTAL REVENUE $267,094

Expense Breakdown

Grants Paid $48,147

Salaries & Benefits $73,009

Fundraising Expenses $21,180

Program Expenses $100,909

Other Expenses $37,766

TOTAL EXPENSES $158,922

Year-over-Year Comparison

	2023	2022	Change
Revenue	$267,094	$223,030	+0.2%
Expenses	$158,922	$40,448	+2.9%
Net Income	$108,172	$182,582	-0.4%

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

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

$50,000

Total Directors

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELLY LAUER	EXECUTIVE DIRECTOR	45.00	Officer Director	$50,000	$0	$50,000
STACY GUTSCHENRITTER	PRESIDENT	3.00	Officer Director	$0	$0	$0
CRYSTAL WICHITA	PRESIDENT ELECT	2.00	Officer Director	$0	$0	$0
KATIE RHONE	SECRETARY	1.00	Officer Director	$0	$0	$0
DOREEN FRIEHAUF	TREASURER	1.00	Officer Director	$0	$0	$0
KARA BUNDE-DUNN	DIRECTOR	3.00	Director	$0	$0	$0
QUENTIN BROWN	DIRECTOR	1.00	Director	$0	$0	$0
CRYSTAL WICHITA	DIRECTOR	2.00	Director	$0	$0	$0
GARY KEBBEL	DIRECTOR	1.00	Director	$0	$0	$0
PAIGE GADE	DIRECTOR	1.00	Director	$0	$0	$0
JENNY SCHROEDER	DIRECTOR	1.00	Director	$0	$0	$0
KIM ROSENTHAL	DIRECTOR	1.00	Director	$0	$0	$0
RONESHA LOVE	DIRECTOR	1.00	Director	$0	$0	$0
CINDY SCHWANINGER	DIRECTOR	4.00	Director	$0	$0	$0
CURT ROHN	DIRECTOR	3.00	Director	$0	$0	$0
DEB GOKIE	PAST PRESIDENT	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$267,094	$158,922	$429,279	$108,172
2022	$223,030	$40,448	$316,365	$182,582

WHITE CANE FOUNDATION C/O DAVID & KELLY LAUER