Olympic Valley, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Scotty Lapp Foundation, founded in 2022, is a small nonprofit in the Youth Development sector that reported $313K in total revenue in fiscal year 2022. The organization ran a surplus of $258K, a strong 82% operating margin.
The Scotty Lapp Foundation is dedicated to empowering youth by making ski, snowboard and skate more accessible to underserved communities and assisting athletes in reaching their full potential.
The primary (current) activity is raising money to build community recreational resources for youth. Our current project is the creation of Memorial Skatepark in North Lake Tahoe Community in...
The primary (current) activity is raising money to build community recreational resources for youth. Our current project is the creation of Memorial Skatepark in North Lake Tahoe Community in California. This project is designed to support the creation, design, and building of a public recreational facility for skateboarding. The activity involves county and city staff, designers, builders, lawyers, marketing teams, accountants, and other resources to contribute to its completion. The primary location for this project is Tahoe City, CA. 75 percent of our first-year activities are currently focused on the success of this project. This project (and future similar projects) will be funded by donations to the foundation and comprise seventy to eighty percent of our overall expenses. This activity requires exempt status to ensure that donations are not taxed and that every dollar of revenue can be put into the creation of the skatepark. Further, exempt status makes it possible to obtain the donations that are required to fund the project so that we can provide youth recreational resources for the community.
The second (planned) activity is providing athletes and artists with scholarships to support them to excel and continue to participate in related sports and programs. The foundation executive...
The second (planned) activity is providing athletes and artists with scholarships to support them to excel and continue to participate in related sports and programs. The foundation executive committee along with the support of volunteers will run this activity. This can be a city, region, state or national level activity. Ten percent of our time will be allocated to this activity. This activity is funded through donations to the Foundation and ten to fifteen percent of our overall expenses will be allocated to this activity. This activity requires exempt status to ensure donations are not taxed and that every dollar goes towards our mission of providing financial resources and scholarships to youth and the community.
The third (planned) activity is providing financial support to organizations focused on youth sports and arts that align with our mission and values as a Foundation. The foundation executive...
The third (planned) activity is providing financial support to organizations focused on youth sports and arts that align with our mission and values as a Foundation. The foundation executive committee along with the support of volunteers will run this activity. This can be a city, region, state or national level activity. Ten percent of our time will be allocated to this activity. This activity is funded through donations to the Foundation and ten to fifteen percent of our overall expenses will be allocated to this activity. This activity requires exempt status to ensure donations are not taxed and that every dollar goes towards our mission of providing financial resources to youth and the community.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $312,847 | N/A | N/A |
| Expenses | $55,249 | N/A | N/A |
| Net Income | $257,598 | N/A | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jason Lapp | CEO | 5.00 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2022 | $312,847 | $55,249 | $257,598 | $257,598 |
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