MGM RESORTS FOUNDATION (EIN 010640027) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

MARIA GATTI

Phone

7026929623

Tax Period

2024-01-01 to 2024-12-31

MGM RESORTS FOUNDATION, founded in 2002, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.1M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

THE MGM RESORTS FOUNDATION BRINGS THE BEST OF OUR EMPLOYEE VOLUNTEER AND CHARITABLE EFFORTS TOGETHER WITH GREATER IMPACT AND GREATER CHOICE. THE MGM RESORTS FOUNDATION FOCUSES EMPLOYEE CHARITABLE CONTRIBUTIONS TO NON-PROFIT AGENCIES AND COMMUNITY ORGANIZATIONS. THIS GIVES EMPLOYEES WHO SUPPORT THE FOUNDATION GREATER CONTROL AND IMPACT OVER THEIR DONATIONS AND THE ABILITY TO SUPPORT ORGANIZATIONS IN THE COMMUNITIES WE ALL LIVE, WORK AND CARE FOR OUR FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,028,765

Program Service Revenue $0

Investment Income $79,268

Other Revenue $0

TOTAL REVENUE $5,108,033

Expense Breakdown

Grants Paid $4,657,256

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,179,452

Other Expenses $522,196

TOTAL EXPENSES $5,179,452

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,108,033	$4,229,008	+0.2%
Expenses	$5,179,452	$4,193,647	+0.2%
Net Income	$-71,419	$35,361	-3.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

1308

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
MARIA GATTI	PRESIDENT	12.00	Officer Director	$0	$0	$0
VESELA ZEHIREV	SECRETARY	24.00	Officer Director	$0	$0	$0
DOUG SANDOVAL	TREASURER	1.00	Officer Director	$0	$0	$0
JYOTI CHOPRA	DIRECTOR	2.00	Director	$0	$0	$0
ANDY MEESE	DIRECTOR	1.00	Director	$0	$0	$0
DANIELLE WHITE	DIRECTOR	2.00	Director	$0	$0	$0
RICK JOST	DIRECTOR	1.00	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
2024	$5,108,033	$5,179,452	$8,696,786	$-71,419
2023	$4,229,008	$4,193,647	$8,972,674	$35,361
2022	$3,899,875	$3,533,587	$8,412,690	$366,288
2021	$3,299,793	$4,885,322	$8,536,909	$-1,585,529
2020	$16,665,456	$19,435,876	$8,555,981	$-2,770,420
2019	$5,331,722	$5,988,300	$11,326,400	$-656,578
2018	$7,293,983	$10,695,142	$11,951,971	$-3,401,159

MGM RESORTS FOUNDATION