LOOKOUT TRUST

EIN: 836462138

WESTPORT, CT

Total Revenue
$4,655,901
Total Expenses
$3,144,383,951
Total Assets
N/A
Net Assets
N/A
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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
CT
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.

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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%)

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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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
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
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