LAHAINATOWN ACTION COMMITTEE INC (EIN 990305444) - 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

1988

Legal Domicile

Principal Officer

SNE PATEL

Phone

8086679175

Tax Period

2023-01-01 to 2023-12-31

LAHAINATOWN ACTION COMMITTEE INC, founded in 1988, is a small nonprofit that reported $306K in total revenue in fiscal year 2023. Revenue surged 99% from the prior year, signaling strong growth momentum. Expenses of $261K left a modest 15% surplus.

Mission

LAHAINATOWN ACTION COMMITTEE PROMOTES, PRESERVES, AND ENCOURAGES THE HISTORICAL, CULTURAL, SOCIAL, COMMERCIAL, AND ENVIRONMENTAL VITALITY OF LAHAINA. ACTION IS AN APT MIDDLE NAME FOR LAHAINATOWN ACTION COMMITTEE (LAC), WHICH WAS FORMED BY BUSINESS OWNERS AND RESIDENTS IN 1998 TO PRESERVE THE HISTORIC INTEGRITY, RE-KINDLE THE SMALL TOWN ATMOSPHERE AND PROMOTE UNIQUENESS OF LAHAINA. LAC IS A 501(C)(4) NON-PROFIT ORGANIZATION. LAC IS PRIMARILY SELF FUNDED THROUGH MEMBERSHIP DUES, EVENT REVENUE, AND PROMOTIONAL PRODUCT SALES AND IS PRO-ACTIVE, RESULTS-ORIENTED, ENTREPRENEURAL, NON-PROFIT WITH WIDE SPREAD COMMUNITY SUPPORT.

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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 $6,992

Program Service Revenue $299,429

Investment Income $-161

Other Revenue $0

TOTAL REVENUE $306,260

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $250,467

Other Expenses $261,080

TOTAL EXPENSES $261,080

Year-over-Year Comparison

	2023	2022	Change
Revenue	$306,260	$154,062	+1.0%
Expenses	$261,080	$97,763	+1.7%
Net Income	$45,180	$56,299	-0.2%

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
SNE PATEL	PRESIDENT	3.00	Officer Director	$0	$0	$0
JACK STARR	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
TAMBARA GARRICK	SECRETARY/TR	3.00	Officer Director	$0	$0	$0
SEAN CORPUEL	DIRECTOR	3.00	Director	$0	$0	$0
MOUSSA HASSAN	DIRECTOR	3.00	Director	$0	$0	$0
ANGUS MCKELVEY	DIRECTOR	3.00	Director	$0	$0	$0
VALERIE MCKELVEY	DIRECTOR	3.00	Director	$0	$0	$0
UI KAHUE	DIRECTOR	3.00	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
2023	$306,260	$261,080	$70,654	$45,180
2022	$154,062	$97,763	$25,674	$56,299
2020	$53,096	$114,863	$7,520	$-61,767
2019	$414,872	$449,419	$87,379	$-34,547
2018	$598,957	$617,930	$119,094	$-18,973

LAHAINATOWN ACTION COMMITTEE INC