Leisure World Foundation of Arizona Inc (EIN 860789666) - 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

1995

Legal Domicile

Principal Officer

Kim Cassese

Tax Period

2023-01-01 to 2023-12-31

Leisure World Foundation of Arizona Inc, founded in 1995, is a small nonprofit in the Human Services sector that reported $223K in total revenue in fiscal year 2023. Revenue surged 329% from the prior year, signaling strong growth momentum. The organization ran a surplus of $113K, a strong 51% operating margin.

Mission

To provide charitable relief to help meet the needs of the elderly, handicapped, and distressed people in Mesa, Arizona and the nearby east valley area, including Leisure World community.

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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 $115,688

Program Service Revenue $0

Investment Income $106,909

Other Revenue $0

TOTAL REVENUE $222,597

Expense Breakdown

Grants Paid $53,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $101,660

Other Expenses $56,245

TOTAL EXPENSES $109,745

Year-over-Year Comparison

	2023	2022	Change
Revenue	$222,597	$51,873	+3.3%
Expenses	$109,745	$60,772	+0.8%
Net Income	$112,852	$-8,899	-13.7%

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
Ruth Pechmann	Director	2.00	Director	$0	$0	$0
Pat Connlley	Director	0.00	Director	$0	$0	$0
Chris Lock	Director	2.00	Director	$0	$0	$0
Joan Jajdelski	Director	2.00	Director	$0	$0	$0
Bob Lehrkind	Director	2.00	Director	$0	$0	$0
Ron Bickle	Director	0.00	Director	$0	$0	$0
Joe Rowbothum	Director	2.00	Director	$0	$0	$0
Dyan Brown	Director	0.00	Director	$0	$0	$0
Sally Reiman	Director	2.00	Director	$0	$0	$0
Norma Bryant	Director	0.00	Director	$0	$0	$0
Kim Cassese	Treasurer	0.00	Officer	$0	$0	$0
Donna Bailey	Past President	2.00	Officer	$0	$0	$0
Allanah Courson	Secretary	0.00	Officer	$0	$0	$0
Barry Jacobsen	President	2.00	Officer	$0	$0	$0
Dean Gatzemeier	Vice President	0.00	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	$222,597	$109,745	$903,455	$112,852
2022	$51,893	$36,879	$789,059	$15,014
2021	$286,782	$49,871	$903,584	$236,911
2021	$286,782	$49,871	$903,584	$236,911
2020	$93,392	$64,303	$638,403	$29,089

Leisure World Foundation of Arizona Inc