LEMMON FOUNDATION INC

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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

WILLIAM J LEMMON

Phone

3304543426

Tax Period

2024-01-01 to 2024-12-31

LEMMON FOUNDATION INC, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $258K in total revenue in fiscal year 2024. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $891K exceeded revenue, resulting in a 245% operating deficit.

Mission

THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, AND TO CARRY OUT THE PURPOSE OF STARK COMMUNITY FOUNDATION.

Program Service Accomplishments

Program 1

Expenses: $815,500

THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, AND TO CARRY OUT THE PURPOSE OF STARK COMMUNITY FOUNDATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $258,377

Other Revenue $0

TOTAL REVENUE $258,377

Expense Breakdown

Grants Paid $815,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $815,500

Other Expenses $75,884

TOTAL EXPENSES $891,384

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,377	$1,630,106	-0.8%
Expenses	$891,384	$564,746	+0.6%
Net Income	$-633,007	$1,065,360	-1.6%

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
WILLIAM J LEMMON	PRESIDENT	1.00	Officer Director	$0	$0	$0
LEO E DOYLE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS W WINKHART	SECRETARY/TREASURER	1.00	Officer 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	$258,377	$891,384	$5,099,067	$-633,007
2023	$1,630,106	$564,746	$5,442,709	$1,065,360
2022	$4,004,031	$18,664	$4,006,833	$3,985,367