Libbys Friends (EIN 844959437) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

Lane Hagan

Tax Period

2025-01-01 to 2025-12-31

Libbys Friends, founded in 2020, is a small nonprofit in the Health Care sector that reported $331K in total revenue in fiscal year 2022. The organization ran a surplus of $156K, a strong 47% operating margin.

Mission

We know first hand how expensive it is to raise a child with special needs. Wheelchairs, adaptive equipment, and therapies can run thousands of dollars and are not always fully covered by insurance. While we are very thankful for insurance, there is a gap in coverage where these things are either not covered at all or the deductibles and copays put added stress to an already difficult situation. Our goal is to assist families who are in this financial gap. Let us take some of the burden off of your shoulders so you can enjoy life with your incredibly special family member.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $714,137

Investment Income $856

Other Revenue $0

TOTAL REVENUE $714,993

Expense Breakdown

Grants Paid $689,992

Salaries & Benefits $33,000

Fundraising Expenses $42,836

Program Expenses $716,992

Other Expenses $56,908

TOTAL EXPENSES $779,900

Year-over-Year Comparison

	2025	2024	Change
Revenue	$714,993	$436,148	+0.6%
Expenses	$779,900	$530,705	+0.5%
Net Income	$-64,907	$-94,557	-0.3%

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

$33,000

Total Directors

$33,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lane Hagan	Executive Dir.	30.00	Officer Director	$27,000	$0	$27,000
Emily Clifford	Chairman	10.00	Officer Director	$6,000	$0	$6,000
Mary Andrews Carlisle	Treasurer	2.00	Director	$0	$0	$0
Jack Louis	Director	2.00	Director	$0	$0	$0
Justin Allen	Director	2.00	Director	$0	$0	$0
Jana Newton	Director	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
2025	$714,993	$779,900	$105,940	$-64,907
2024	No data	No data	No data	No data
2023	$426,053	$352,680	$265,405	$73,373
2022	$331,213	$175,010	$192,032	$156,203

Libbys Friends