LANCASTER REC FOUNDATION FUND (EIN 843058318) - 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

HEATHER DIGHE

Phone

7178263344

Tax Period

2023-01-01 to 2023-12-31

LANCASTER REC FOUNDATION FUND, founded in 2019, is a small nonprofit in the Recreation & Sports sector that reported $301K in total revenue in fiscal year 2023. Revenue surged 143% from the prior year, signaling strong growth momentum. The organization ran a surplus of $300K, a strong 100% operating margin.

Mission

THE CHARITABLE MISSION OF THE LANCASTER REC FOUNDATION FUND IS TO DEVELOP AND LEVERAGE STRATEGIC PARTNERSHIPS FOR THE FINANCIAL SUPPORT FOR THE RECREATION AND LEARNING OPPORTUNITIES OF THE LANCASTER RECREATION COMMISSION.

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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 $212,534

Program Service Revenue $0

Investment Income $8,339

Other Revenue $79,646

TOTAL REVENUE $300,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $382

TOTAL EXPENSES $382

Year-over-Year Comparison

	2023	2022	Change
Revenue	$300,519	$123,556	+1.4%
Expenses	$382	$518	-0.3%
Net Income	$300,137	$123,038	+1.4%

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
JAIME ARROYO	BOARD MEMBER	1.00	Director	$0	$0	$0
JUSTIN BOLLMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW CZAUS	BOARD MEMBER	1.00	Director	$0	$0	$0
DEB ELLENBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
RUSS HARLAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN TURNS	BOARD MEMBER	1.00	Director	$0	$0	$0
BEN WEBB	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN CARPENTER	CHAIRMAN	1.00	Officer	$0	$0	$0
HEATHER DIGHE	EXECUTIVE DI	5.00	Officer	$0	$0	$0
MATT PRZYWARA	SECRETARY/TR	1.00	Officer	$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	$300,519	$382	$578,513	$300,137

LANCASTER REC FOUNDATION FUND