CAPE LOOKOUT FOUNDATION INC (EIN 991589831) - 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

MASON WILLIAMS

Phone

9194223131

Tax Period

2024-01-01 to 2024-12-31

CAPE LOOKOUT FOUNDATION INC, founded in 2022, is a small nonprofit in the Recreation & Sports sector that reported $290K in total revenue in fiscal year 2024. The organization ran a surplus of $233K, a strong 80% operating margin.

Mission

TO RESTORE THE FORMER CAPE LOOKOUT COAST GUARD STATION SO THAT IT MAY SERVE AS A PLACE OF EDUCATION AND RECREATION WELCOMING ANY AND ALL PEOPLE OPEN TO LEARNING ABOUT AND ENJOYING THE NATURAL WONDERS OF THE CAPE LOOKOUT NATIONAL SEASHORE.

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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 $290,100

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $290,100

Expense Breakdown

Grants Paid $0

Salaries & Benefits $40,000

Fundraising Expenses $0

Program Expenses $44,194

Other Expenses $17,414

TOTAL EXPENSES $57,414

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,100	N/A	N/A
Expenses	$57,414	N/A	N/A
Net Income	$232,686	N/A	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

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

$40,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES H BUD DOUGHTON	DIRECTOR	8.00	Director	$0	$0	$0
CAROL W BASNIGHT	SECRETARY	2.00	Officer Director	$0	$0	$0
WARE SMITH III	TREASURER	2.00	Officer Director	$0	$0	$0
MASON WILLIAMS	CHAIRMAN	9.00	Officer Director	$0	$0	$0
KIRK PREISS	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS COXE JR	DIRECTOR	1.00	Director	$0	$0	$0
RANDALL WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
RUNYON TYLER II	DIRECTOR	1.00	Director	$0	$0	$0
JAMES HP BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
GARRY BROWN	EXECUTIVE DIRECTOR	40.00	Officer	$40,000	$0	$40,000

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	$290,100	$57,414	$232,686	$232,686

CAPE LOOKOUT FOUNDATION INC