LOOKOUT TRUST

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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

JANINE RACANELLI

Phone

2032915000

Tax Period

2019-01-01 to 2019-12-31

LOOKOUT TRUST, founded in 2018, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2019. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $3.1B exceeded revenue, resulting in a 67435% operating deficit.

Mission

LOOKOUT TRUST WILL OPERATE EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE.

Program Service Accomplishments

Program 1

Expenses: $3,144,268,904

DURING 2019, LOOKOUT TRUST GRANTED ITS ASSETS TO ANOTHER 501(C)(4) ORGANIZATION. THE RECIPIENT ORGANIZATION WILL ENGAGE IN SOCIAL WELFARE ACTIVITIES IN THE FUTURE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $4,655,901

Other Revenue $0

TOTAL REVENUE $4,655,901

Expense Breakdown

Grants Paid $3,144,268,904

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,144,268,904

Other Expenses $115,047

TOTAL EXPENSES $3,144,383,951

Year-over-Year Comparison

	2019	2018	Change
Revenue	$4,655,901	$3,697,818,898	-1.0%
Expenses	$3,144,383,951	N/A	N/A
Net Income	$-3,139,728,050	$3,697,818,898	-1.8%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANINE RACANELLI	TRUSTEE	0.10	Director	$0	$0	$0
DEVON DALIO	TRUSTEE	0.10	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
2019	$4,655,901	$3,144,383,951	No data	$-3,139,728,050
2018	$3,697,818,898	No data	$3,582,216,481	No data