THE LAFAYETTE FOUNDATION (EIN 840893072) - 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

1981

Legal Domicile

Principal Officer

ANDREW PARKS

Phone

3035025347

Tax Period

2023-01-01 to 2023-12-31

THE LAFAYETTE FOUNDATION, founded in 1981, is a micro nonprofit that reported $16K in total revenue in fiscal year 2023. Revenue surged 544% from the prior year, signaling strong growth momentum. Expenses of $136K exceeded revenue, resulting in a 744% operating deficit.

Mission

THE PURPOSE OF THE ORGANIZATION IS THE PRESERVATION AND EDUCATION OF AVIATION HISTORY.

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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 $15,750

Program Service Revenue $0

Investment Income $362

Other Revenue $0

TOTAL REVENUE $16,112

Expense Breakdown

Grants Paid $0

Salaries & Benefits $75,797

Fundraising Expenses $919

Program Expenses $98,577

Other Expenses $60,140

TOTAL EXPENSES $135,937

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,112	$2,501	+5.4%
Expenses	$135,937	$131,640	+0.0%
Net Income	$-119,825	$-129,139	-0.1%

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

$70,000

Total Directors

$70,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW PARKS	PRESIDENT	30.00	Officer Director	$70,000	$0	$70,000
ALEXANDRA BURBEY	DIRECTOR	N/A	Director	$0	$0	$0
MARK HOLLIDAY	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$16,112	$135,937	$2,487,306	$-119,825
2022	$2,501	$131,640	$2,607,131	$-129,139
2021	$644,175	$126,584	$2,743,423	$517,591
2020	$43,926	$47,193	$2,245,573	$-3,267
2019	$96,308	$100,774	$2,248,840	$-4,466
2018	$88,770	$102,615	$2,253,306	$-13,845

THE LAFAYETTE FOUNDATION