LILLIAN MARCIE LEGACY CO (EIN 872799111) - 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

2021

Legal Domicile

Phone

3236321155

Tax Period

2023-01-01 to 2023-12-31

LILLIAN MARCIE LEGACY CO, founded in 2021, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $47K in total revenue in fiscal year 2023. Revenue surged 192% from the prior year, signaling strong growth momentum. Expenses of $376K exceeded revenue, resulting in a 693% operating deficit.

Mission

LILLIAN MARCIE CENTER WILL BE THE CAPSTONE FOR BLACK PRFORMING ARTS CENTERED IN BRONZEVILLE AND CATERING TO GLOBAL BLACK ARTIST ACROSS ALL PERFORMANCE ARTS GENRES.

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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 $47,139

Program Service Revenue $0

Investment Income $0

Other Revenue $275

TOTAL REVENUE $47,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $42,789

Program Expenses $70,694

Other Expenses $375,936

TOTAL EXPENSES $375,936

Year-over-Year Comparison

	2023	2022	Change
Revenue	$47,414	$16,213	+1.9%
Expenses	$375,936	$675,107	-0.4%
Net Income	$-328,522	$-658,894	-0.5%

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
HARRY LENNIX	PRESIDENT/DIRECTOR	N/A	Officer Director	$0	$0	$0
KEITH GILES	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL WORDLAW	TREASURER/VICE PRES/DIRECTOR	N/A	Officer Director	$0	$0	$0
AARON GILES	SECRETARY/DIRECTOR	N/A	Officer Director	$0	$0	$0
KAHIL ELVABAR	DIRECTOR	N/A	Director	$0	$0	$0
BRUCE MONTGOMERY	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$47,414	$375,936	$1,993,395	$-328,522
2022	$16,213	$675,107	$1,878,592	$-658,894
2021	No data	No data	No data	No data

LILLIAN MARCIE LEGACY CO