LOCKWOOD STEM ALLIANCE INC (EIN 933837259) - 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

2023

Legal Domicile

Principal Officer

TOM LOCKWOOD

Phone

9892955551

Tax Period

2024-01-01 to 2024-12-31

LOCKWOOD STEM ALLIANCE INC, founded in 2023, is a small nonprofit in the Education sector that reported $258K in total revenue in fiscal year 2024. The organization ran a surplus of $88K, a strong 34% operating margin.

Mission

THE ORGANIZATION WILL SUPPORT SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) PROGRAMS WITH A SPECIFIC FOCUS ON THE LOCKWOOD STEM CENTER IN MICHIGAN. CHARITABLE DISTRIBUTIONS WILL HELP SUPPORT ROBOTICS PROGRAMS AND OTHER SIMILAR PROGRAMS THAT PROVIDE HANDS-ON TECHNICAL LEARNING OPPORTUNITIES FOR THE PARTICIPANTS. DISTRIBUTIONS MAY FACILITATE THE PURCHASE OF NEW EQUIPMENT, REPAIR OF EXISTING EQUIPMENT, REGISTRATION FEES, TRAVEL EXPENSES, AND OTHER EXPENSES INCLUDING THE GENERAL UPKEEP AND MAINTENANCE OF FACILITIES. ADDITIONALLY, THE ORGANIZATION WILL PROVIDE EDUCATIONAL PROGRAMS FOR STUDENTS TO DEEPEN THEIR UNDERSTANDING OF STEM CONCEPTS INCLUDING FIELD TRIPS, CAMPS, COMPUTER PROGRAMMING SEMINARS, FABRICATION WORKSHOPS, AND EXPERIENCES DESIGNED TO DEVELOP SOFT SKILLS. THE ORGANIZATION WILL ALSO GENERATE PUBLIC AWARENESS AROUND THE VALUE OF STEM IN YOUTH EDUCATION.

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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 $258,384

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $258,384

Expense Breakdown

Grants Paid $150,005

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $167,942

Other Expenses $19,979

TOTAL EXPENSES $169,984

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,384	N/A	N/A
Expenses	$169,984	N/A	N/A
Net Income	$88,400	$0	N/A

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
THOMAS LOCKWOOD	PRESIDENT	5.00	Officer Director	$0	$0	$0
MARCOS RODRIGUEZ MARTINEZ	SECRETARY	2.00	Officer Director	$0	$0	$0
DONALD HEMGESBERG	TREASURER	2.00	Officer Director	$0	$0	$0
JOHN RATHS	DIRECTOR	2.00	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
2025	No data	No data	No data	No data
2024	$258,384	$169,984	$88,400	$88,400

LOCKWOOD STEM ALLIANCE INC