LOUISVILLE FOUNDATION

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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

1988

Legal Domicile

Principal Officer

MICHAEL VAN BRIGGLE

Phone

8183468812

Tax Period

2022-07-01 to 2023-06-30

LOUISVILLE FOUNDATION, founded in 1988, is a micro nonprofit that reported $48K in total revenue in fiscal year 2022. Revenue fell 86% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $29K, a strong 60% operating margin.

Mission

THE PRINCIPAL PURPOSE OF LOUISVILLE FOUNDATION IS TO ASSIST IN THE SUPPORT AND MAINTENANCE OF LOUISVILLE HIGH SCHOOL LOCATED AT 22300 MULHOLLAND DRIVE, WOODLAND HILLS, CALIFORNIA 91364.PLEASE SEE SCHEDULE O FOR DETAILS OF THE ORGANIZATION'S PURPOSE. SPECIFICIALLY, THE FUNDS MAY BE USED IN THE FOLLOWING AREAS:1. FOR FUTURE CAPITAL IMPROVEMENTS TO THE SCHOOL PROPERTY2. FOR SUPPORT OF THE EDUCATIONAL STAFF3. FOR SCHOOL'S SCHOLARSHIP PROGRAM FOR QUALIFIED STUDENTS4. FOR FINANCIAL ASSISTANCE PROGRAM FOR QUALIFIED STUDENTS5. TO SUPPORT LEARNING WITH TECHNOLOGY.

Program Service Accomplishments

Program 1

SEE MISSION STATEMENT AND SCHEDULE O.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $47,890

Other Revenue $0

TOTAL REVENUE $47,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $19,166

TOTAL EXPENSES $19,166

Year-over-Year Comparison

	2022	2021	Change
Revenue	$47,890	$331,795	-0.9%
Expenses	$19,166	$20,090	0.0%
Net Income	$28,724	$311,705	-0.9%

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

N/A

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
SISTER DONNA HANSEN	DIRECTOR HRS AS REQ	5.00	Director	$0	$0	$0
BRIDGET GOODMAN-SMITH	DIRECTOR HRS AS REQ	5.00	Director	$0	$0	$0
MICHAEL VAN BRIGGLE	DIRECTOR HRS AS REQ	5.00	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	No data	No data	No data	No data
2023	$47,890	$19,166	$2,512,118	$28,724
2022	$331,795	$20,090	$2,483,394	$311,705
2021	$47,483	$17,436	$2,471,689	$30,047
2020	$204,636	$14,735	$2,141,702	$189,901
2019	$123,140	$15,756	$1,951,741	$107,384
2018	$158,205	$9,895	$1,844,357	$148,310