LYNNE MITCHELL FOUNDATION INC (EIN 900920882) - 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

2013

Legal Domicile

Principal Officer

MARLENE GORDON

Phone

9546472039

Tax Period

2023-01-01 to 2023-12-31

LYNNE MITCHELL FOUNDATION INC, founded in 2013, is a micro nonprofit in the Education sector that reported $49K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $93K exceeded revenue, resulting in a 91% operating deficit.

Mission

THE LYNNE MITCHELL FOUNDATION, INC HELPS OVERCOME FINANCIAL BARRIERS TO HIGHER EDUCATION BY PROVIDING SCHOLARSHIPS TO JAMAICAN STUDENTS WHO DEMONSTRATE HIGH ACADEMIC ACHIEVEMENT, LEADERSHIP, CLEARLY DEFINED GOALS, THE DETERMINATION TO SUCCEED AND THE DESIRE TO RETURN TO THEIR COMMUNITIES AND HELP OTHERS REALIZE THEIR DREAMS.

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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 $84,353

Program Service Revenue $0

Investment Income $0

Other Revenue $-35,638

TOTAL REVENUE $48,715

Expense Breakdown

Grants Paid $74,033

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $93,202

Other Expenses $19,169

TOTAL EXPENSES $93,202

Year-over-Year Comparison

	2023	2022	Change
Revenue	$48,715	$87,078	-0.4%
Expenses	$93,202	$96,685	0.0%
Net Income	$-44,487	$-9,607	+3.6%

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
MARLENE GORDON	PRESIDENT	1.00	Officer Director	$0	$0	$0
GARY C MITCHELL	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES S GORDON	VICE PRESIDE	1.00	Officer	$0	$0	$0
SHERRY ULSH	TREASURER	1.00	Officer	$0	$0	$0
CHANTEYA LAWRENCE	BOARD MEMBER	1.00	Director	$0	$0	$0
CRISTY CASADO	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$48,715	$93,202	$221,300	$-44,487
2022	$87,078	$96,685	$265,787	$-9,607
2021	$16,513	$38,416	$275,394	$-21,903
2020	$12,011	$13,711	$297,345	$-1,700
2019	$95,279	$68,574	$298,997	$26,705
2018	$30,630	$61,066	$272,857	$-30,436

LYNNE MITCHELL FOUNDATION INC