LICA EDUCATIONAL FOUNDATION FOR VE… - Form 990 Financial Data

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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

2021

Legal Domicile

Principal Officer

EILEEN LEVY

Phone

6305481984

Tax Period

2025-01-01 to 2025-12-31

LICA EDUCATIONAL FOUNDATION FOR VETERANS, founded in 2021, is a micro nonprofit in the Employment sector that reported $18K in total revenue in fiscal year 2025. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $54K exceeded revenue, resulting in a 202% operating deficit.

Mission

TO TRAIN MILITARY VETERANS TO BECOME HIGHLY SKILLED HEAVY EQUIPMENT OPERATORS AND ASSIST THEM IN FINDING EMPLOYMENT OPPORTUNITIES THROUGHOUT THE UNITED STATES.

Program Service Accomplishments

Program 1

Expenses: $9,165

TO TRAIN MILITARY VETERANS TO BECOME HIGHLY SKILLED HEAVY EQUIPMENT OPERATORS AND ASSIST THEM IN FINDING EMPLOYMENT OPPORTUNITIES THROUGHOUT THE UNITED STATES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $17,971

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $17,971

Expense Breakdown

Grants Paid $33,765

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,165

Other Expenses $20,496

TOTAL EXPENSES $54,261

Year-over-Year Comparison

	2025	2024	Change
Revenue	$17,971	$71,746	-0.7%
Expenses	$54,261	$29,751	+0.8%
Net Income	$-36,290	$41,995	-1.9%

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

N/A

Volunteers

N/A

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

$15,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDDY MAYEN	DIRECTOR	020.00	Director	$15,000	$0	$15,000
ROBERT CLARK JR	PRESIDENT	001.00	Director	$0	$0	$0
EILEEN LEVY	SECRETARY/TREASURER	001.00	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	$17,971	$54,261	No data	$-36,290
2024	$71,746	$29,751	$36,290	$41,995
2023	$81,987	$116,673	$3,104	$-34,686
2022	$81,000	$65,008	$31,246	$15,992
2021	$20,790	$7,801	$12,989	$12,989

LICA EDUCATIONAL FOUNDATION FOR VETERANS