THE FG FOUNDATION (EIN 010552288) - 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

2002

Legal Domicile

Principal Officer

SCOTT HEITKAMP

Phone

6142514000

Tax Period

2024-01-01 to 2024-12-31

THE FG FOUNDATION, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $356K in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $338K left a modest 5% surplus.

Mission

THE PURPOSE OF THE FG FOUNDATION IS TO SUPPORT CHARITABLE ORGANIZATIONS WHICH BENEFIT THE COMMUNITY.

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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 $0

Program Service Revenue $0

Investment Income $356,097

Other Revenue $0

TOTAL REVENUE $356,097

Expense Breakdown

Grants Paid $305,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $305,000

Other Expenses $33,000

TOTAL EXPENSES $338,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$356,097	$934,406	-0.6%
Expenses	$338,000	$307,800	+0.1%
Net Income	$18,097	$626,606	-1.0%

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

$1,394,596

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT L FOX	CHAIR/DIRECTOR	1.00	Officer Director	$0	$0	$0
JOHN B GERLACH JR	PRES/VICE CHAIR/DIRECTOR	1.00	Officer Director	$0	$0	$0
JAMES E KUNK	DIRECTOR	1.00	Director	$0	$0	$0
DAVID P LAUER	DIRECTOR	1.00	Director	$0	$0	$0
RL RICHARDS	TRUSTEE	2.00	Director	$0	$0	$0
DOUGLAS F KRIDLER	SECRETARY	0.50	Officer	$0	$107,467	$1,012,706
SCOTT HEITKAMP	TREASURER	0.50	Officer	$0	$63,398	$381,890

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	$356,097	$338,000	$10,393,237	$18,097
2023	$934,406	$307,800	$10,199,375	$626,606
2022	$903,769	$285,377	$11,269,268	$618,392
2021	$1,222,338	$262,599	$8,852,747	$959,739
2020	$1,206,408	$239,163	$9,076,672	$967,245
2019	$182,882	$164,355	$6,975,928	$18,527
2018	$169,227	$155,665	$7,166,923	$13,562

THE FG FOUNDATION