LANDON'S LIGHT FOUNDATION (EIN 843421530) - 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

TRAVIS SOLBERG

Phone

7018663474

Tax Period

2024-01-01 to 2024-12-31

LANDON'S LIGHT FOUNDATION, founded in 2019, is a small nonprofit in the Public & Societal Benefit sector that reported $495K in total revenue in fiscal year 2024. The organization ran a surplus of $112K, a strong 23% operating margin.

Mission

LANDON'S LIGHT SUPPORTS CHILDREN BATTLING SERIOUS MEDICAL ILLNESS BY PROVIDING HOPE AND JOY DURING THEIR DIFFICULT JOURNEY. WE ALSO INSPIRE ALL CHILDREN TO GROW IN THEIR ACADEMICS, FAITH AND PHYSICAL WELL-BEING, SO THEY MAY LIVE AS THE BEST VERSION OF THEMSELVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $427,273

Program Service Revenue $0

Investment Income $18,650

Other Revenue $48,680

TOTAL REVENUE $494,603

Expense Breakdown

Grants Paid $106,675

Salaries & Benefits $165,110

Fundraising Expenses $38,231

Program Expenses $241,413

Other Expenses $110,305

TOTAL EXPENSES $382,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$494,603	$496,018	0.0%
Expenses	$382,915	$351,436	+0.1%
Net Income	$111,688	$144,582	-0.2%

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

N/A

Employees

Volunteers

139

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

$87,735

Total Directors

$87,735

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE CHRISTIANSON	EXECUTIVE DI	45.00	Officer Director	$87,735	$0	$87,735
RYAN KILL	BOARD MEMBER	1.00	Director	$0	$0	$0
MATT LIEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY ELLEN ROLFSON	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ANDREA SOLBERG	SECRETARY	5.00	Officer Director	$0	$0	$0
TRAVIS SOLBERG	PRESIDENT, T	5.00	Officer Director	$0	$0	$0
SHAUNA WIMER	BOARD MEMBER	1.00	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	$494,603	$382,915	$1,077,095	$111,688
2023	$496,018	$351,436	$960,780	$144,582
2022	$439,097	$307,654	$824,255	$131,443
2021	$395,070	$182,040	$483,227	$213,030
2020	$266,353	$79,677	$242,391	$186,676

LANDON'S LIGHT FOUNDATION