Light Collective Inc (EIN 841739777) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Phone

2026412040

Tax Period

2023-01-01 to 2023-12-31

Light Collective Inc, founded in 2019, is a small nonprofit in the Diseases & Disorders sector that reported $278K in total revenue in fiscal year 2023. Expenses of $248K left a modest 11% surplus.

Mission

The Light Collective's mission is to advance the rights interests and voices of patient communities in health technology through education advocacy coalition-building and research.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $278,002

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $278,002

Expense Breakdown

Grants Paid $0

Salaries & Benefits $224,180

Fundraising Expenses $0

Program Expenses $213,460

Other Expenses $23,569

TOTAL EXPENSES $247,749

Year-over-Year Comparison

	2023	2022	Change
Revenue	$278,002	$265,252	+0.0%
Expenses	$247,749	$219,172	+0.1%
Net Income	$30,253	$46,080	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$126,680

Total Directors

$194,180

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrea Downing	President	45.00	Officer Director	$85,680	$0	$85,680
Michael Mittelman	Secretary	2.00	Officer Director	$0	$0	$0
Jill Holdren	Acting Board Treasurer	20.00	Officer Director	$41,000	$0	$41,000
Valencia Robinson	Board Member	28.00	Director	$67,500	$0	$67,500
Christine Von Raesfeld	Board Member	4.00	Director	$0	$0	$0
Muhammed Chebli	Board Member	2.00	Director	$0	$0	$0
Chethan Sarabu	Board Member	4.00	Director	$0	$0	$0
Alicia Staley	Board Member	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
2023	$278,002	$247,749	$120,699	$30,253
2022	$265,252	$216,592	$90,446	$48,660

Light Collective Inc