LYRIKS INSTITUTION (EIN 842799526) - 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

KYLE HOLLINS

Phone

9137026495

Tax Period

2023-01-01 to 2023-12-31

LYRIKS INSTITUTION, founded in 2019, is a small nonprofit in the Health Care sector that reported $135K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $163K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO SERVE THE COMMUNITY BY CREATING A PROGRAM THAT APPLIES COGNITIVE BEHAVIOR THERAPY AND ALLOWS OUR STUDENTS A CHANCE TO MASTER IN THE CREATIVE ARTS.

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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 $131,952

Program Service Revenue $2,500

Investment Income $0

Other Revenue $886

TOTAL REVENUE $135,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,308

Program Expenses $140,771

Other Expenses $163,229

TOTAL EXPENSES $163,229

Year-over-Year Comparison

	2023	2022	Change
Revenue	$135,338	$288,192	-0.5%
Expenses	$163,229	$287,960	-0.4%
Net Income	$-27,891	$232	-121.2%

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
KYLE HOLLINS	BOARD PRESIDENT	20.00	Officer Director	$0	$0	$0
BRIDGER SHAW	BOARD VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
SANDTE STANLEY	BOARD SECRETARY	10.00	Officer Director	$0	$0	$0
PHILLIP KIND	BOARD MEMBER	10.00	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
2024	No data	No data	No data	No data
2023	$135,338	$163,229	$49,882	$-27,891
2022	$288,192	$287,960	$43,806	$232
2021	$102,692	$90,930	$38,507	$11,762

LYRIKS INSTITUTION