LOWERTOWN FUTURE FUND INC (EIN 861814107) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

JOHN MANNILLO

Phone

6512928306

Tax Period

2024-01-01 to 2024-12-31

LOWERTOWN FUTURE FUND INC, founded in 2021, is a micro nonprofit in the Community Improvement sector that reported $6K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $13K exceeded revenue, resulting in a 110% operating deficit.

Mission

TO SUPPORT AND FOSTER THE CONTINUED GROWTH AND DEVELOPMENT OF LOWERTOWN, SAINT PAUL'S HISTORIC "URBAN VILLAGE," BY PROVIDING KEY FINANCIAL SUPPORT TO INDIVIDUALS AND ORGANIZATIONS WORKING CREATIVELY TO ENHANCE AND ENRICH THE ARTISTIC, CULTURAL, SOCIAL AND ECONOMIC LIFE OF THIS REMARKABLE MODEL OF SUCCESSFUL INNER CITY NEIGHBORHOOD REDEVELOPMENT AND REVITALIZATION.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $6,250

Other Revenue $0

TOTAL REVENUE $6,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $13,140

TOTAL EXPENSES $13,140

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,250	$8,522	-0.3%
Expenses	$13,140	$17,511	-0.2%
Net Income	$-6,890	$-8,989	-0.2%

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

Governance

Voting Members

Independent Members

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN MANNILLO	PRESIDENT	4.00	Director	$0	$0	$0
COREY EDMUNDS	TREASURER	0.25	Director	$0	$0	$0
WILLIAM ENGLUND	DIRECTOR	0.25	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
2024	$6,250	$13,140	$194,307	$-6,890
2023	$8,522	$17,511	$184,123	$-8,989
2022	$5,766	$110,739	$183,242	$-104,973
2021	$328,675	$1,682	$324,045	$326,993

LOWERTOWN FUTURE FUND INC