LOTUS ENDOWMENT FUND INC (EIN 920233563) - 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

2007

Legal Domicile

Principal Officer

CONSTANCE COLLINS

Phone

3056131573

Tax Period

2024-01-01 to 2024-12-31

LOTUS ENDOWMENT FUND INC, founded in 2007, is a community nonprofit in the Housing & Shelter sector that reported $4.2M in total revenue in fiscal year 2024. Revenue fell 68% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.3M, a strong 54% operating margin.

Mission

THE LOTUS ENDOWMENT FUND, INC. IS A 501(C)(3) SUPPORTING FOUNDATION FOR THE SUNDARI FOUNDATION, INC. AND ITS INITIATIVES, INCLUDING THE LOTUS HOUSE WOMEN'S SHELTER. THE ENDOWMENT FUND WAS FORMED TO SECURE THE FINANCIAL STABILITY AND LONG-TERM VIABILITY OF THE SUNDARI FOUNDATION, SO THE LOTUS HOUSE WILL SERVE AS A RESOURCE FOR WOMEN, CHILDREN AND YOUTH IN NEED FOR GENERATIONS TO COME. PART III, LINE 1 LOTUS ENDOWMENT FUND, INC. OWNS THE FACILITIES LOCATED AT 2040 NW 7TH AVE, MIAMI, FL 33127 AND 420 NW 35TH STREET, MIAMI, FL 33127 AND LEASES SUCH FACILITIES TO THE SUNDARI FOUNDATION, INC. PURSUANT TO A 50 YEAR LEASE AT AN ANNUAL RENT OF 1 PER YEAR. FOR 2024, THE ANNUAL RENTAL VALUE OF SUCH FACILITIES WAS APPROXIMATELY 219,000. LOTUS VILLAGE II, LLC, A WHOLLY OWNED SUBSIDIARY OF LOTUS ENDOWMENT FUND, INC., OWNS THE VACANT LAND LOCATED AT 219 NW 14TH TERRACE, MIAMI FLORIDA AND LEASES SUCH LAND TO THE SUNDARI FOUNDATION, INC. THERE IS NO RENT OR VALUE ATTRIBUTED TO SUCH LEASED LAND. IT IS P

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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 $2,034,636

Program Service Revenue $0

Investment Income $1,985,934

Other Revenue $196,000

TOTAL REVENUE $4,216,570

Expense Breakdown

Grants Paid $368,310

Salaries & Benefits $144,920

Fundraising Expenses $0

Program Expenses $1,620,505

Other Expenses $1,406,673

TOTAL EXPENSES $1,919,903

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,216,570	$13,194,133	-0.7%
Expenses	$1,919,903	$2,145,053	-0.1%
Net Income	$2,296,667	$11,049,080	-0.8%

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

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
JULIE LOTSPEICH	SECTY, TREAS	N/A	Officer Director	$0	$0	$0
CONSTANCE COLLINS	PRESIDENT &	N/A	Officer Director	$0	$0	$0
KATHRYN VILLANO	DIRECTOR	N/A	Director	$0	$0	$0
MARTIN MARGULIES	DIRECTOR	N/A	Director	$0	$0	$0
DEBRA WECHSLER	DIRECTOR	N/A	Director	$0	$0	$0
ANGELA WHITMAN	DIRECTOR	N/A	Director	$0	$0	$0
JOHN SUMBERG	VP & DIRECTO	N/A	Officer Director	$0	$0	$0
ANITA BROAD	DIRECTOR	N/A	Director	$0	$0	$0
LEILA CENTNER	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	$4,216,570	$1,919,903	$107,409,587	$2,296,667
2023	$13,194,133	$2,145,053	$101,694,053	$11,049,080
2022	$9,179,759	$1,840,722	$68,843,457	$7,339,037
2021	$1,449,247	$1,924,248	$47,005,317	$-475,001
2020	$1,884,074	$1,612,228	$43,201,245	$271,846
2019	$1,080,850	$1,796,056	$42,224,357	$-715,206
2018	$2,927,013	$1,495,859	$42,850,608	$1,431,154

LOTUS ENDOWMENT FUND INC