LIGHTCONE FOUNDATION (EIN 920636259) - 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

2022

Legal Domicile

Principal Officer

MAX TEGMARK

Phone

7813338813

Tax Period

2023-01-01 to 2023-12-31

LIGHTCONE FOUNDATION, founded in 2022, is a community nonprofit in the Science & Technology sector that reported $3.0M in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $12.5M exceeded revenue, resulting in a 319% operating deficit.

Mission

TO SUPPORT THE CHARITABLE MISSION OF THE FUTURE OF LIFE FOUNDATION, PRIMARILY VIA GRANTMAKING.

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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 $6,658,531

Program Service Revenue $0

Investment Income $-3,668,275

Other Revenue $0

TOTAL REVENUE $2,990,256

Expense Breakdown

Grants Paid $12,150,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,183,707

Other Expenses $391,185

TOTAL EXPENSES $12,541,185

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,990,256	$163,342,236	-1.0%
Expenses	$12,541,185	$10,000,000	+0.3%
Net Income	$-9,550,929	$153,342,236	-1.1%

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

$930,421

Total Directors

$930,421

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAX TEGMARK	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$409,755
ANTHONY AGUIRRE	BOARD SECRETARY	1.00	Officer Director	$0	$26,903	$493,589
MIHAELA CHITA-TEGMARK	BOARD TREASURER	0.10	Officer Director	$0	$0	$27,077
JAAN TALLINN	DIRECTOR	0.10	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	$2,990,256	$12,541,185	$182,181,800	$-9,550,929
2022	$163,342,236	$10,000,000	$147,693,240	$153,342,236

LIGHTCONE FOUNDATION