LACER Foundation (EIN 850490400) - 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

2020

Legal Domicile

Principal Officer

Daniel Niemann

Tax Period

2021-01-01 to 2021-12-31

LACER Foundation, founded in 2020, is a small nonprofit that reported $340K in total revenue in fiscal year 2021. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $306K left a modest 10% surplus.

Mission

LACER Foundation provides welfare assistance to individuals who work as non-employee independent contractors at The Los Angeles Country Club who at times face significant need due to their inability to work or other circumstances. At times needs include medical and health-related services.

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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 (2021)

Revenue Breakdown

Contributions & Grants $340,073

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $340,073

Expense Breakdown

Grants Paid $305,175

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $964

TOTAL EXPENSES $306,139

Year-over-Year Comparison

	2021	2020	Change
Revenue	$340,073	$643,604	-0.5%
Expenses	$306,139	$526,229	-0.4%
Net Income	$33,934	$117,375	-0.7%

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
Daniel Niemann	Chairman and President	4.00	Officer Director	$0	$0	$0
Adam Beatty	Secretary	2.00	Officer Director	$0	$0	$0
Patrick Niemann Sr	Treasurer	2.00	Officer Director	$0	$0	$0
Robert Sacks	Vice President	2.00	Officer Director	$0	$0	$0
John Callaghan	Director	1.00	Director	$0	$0	$0
Jay Lavender	Director	1.00	Director	$0	$0	$0
John Morrissey	Director	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
2021	$643,604	$526,229	$117,375	$117,375
2021	$340,073	$306,139	$151,309	$33,934
2020	$643,604	$526,229	$117,375	$117,375

LACER Foundation