LC5 FOUNDATION INC

EIN: 850840979 501(c)(3) Education

AVON PARK, FL

Total Revenue
$45,886
Total Expenses
$53,363
Total Assets
$27,502
Net Assets
$27,502
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
FL
Principal Officer
CASH D JACKSON
Phone
8634431190
Tax Period
2024-01-01 to 2024-12-31

LC5 FOUNDATION INC, founded in 2020, is a micro nonprofit in the Education sector that reported $46K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $53K exceeded revenue, resulting in a 16% operating deficit.

Mission

PROVIDE FURTHER PERSONAL DEVELOPMENT AND LEADERSHIP IN STUDENTS SELECTED FOR LEADERSHIP PROGRAMS TO BENEFIT YOUTH IN AVON PARK FLORIDA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,886
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $45,886

Expense Breakdown

Grants Paid $31,902
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $52,227
Other Expenses $21,461
TOTAL EXPENSES $53,363

Year-over-Year Comparison

2024 2023 Change
Revenue $45,886 $52,650 -0.1%
Expenses $53,363 $49,153 +0.1%
Net Income $-7,477 $3,497 -3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
20

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASH JACKSON PRESIDENT 10.00
Officer
$0 $0 $0
TY JACKSON VICE PRESIDENT 10.00
Officer
$0 $0 $0
KYLE JACKSON DIRECTOR 5.00
Officer
$0 $0 $0
MASON JAHNA DIRECTOR 5.00
Officer
$0 $0 $0
CYNTHIA BARRETT DIRECTOR 5.00
Officer
$0 $0 $0
MARY PECK DIRECTOR 5.00
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 $45,886 $53,363 $27,502 $-7,477
2023 $52,650 $49,153 $34,979 $3,497
2022 $59,143 $55,168 $31,482 $3,975
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LC5 FOUNDATION INC with other nonprofits in Florida and across the country.