MCCLOSKEY FAMILY FOUNDATION INC C/O HUGH P MCCLOSKEY (EIN 010736063) - 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

HUGH MCCLOSKEY

Phone

2034822080

Tax Period

2024-01-01 to 2024-12-31

MCCLOSKEY FAMILY FOUNDATION INC C/O HUGH P MCCLOSKEY, founded in 2002, is a micro nonprofit in the Health Care sector that reported $29K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $20K, a strong 71% operating margin.

Mission

TO RAISE MONEY TO ASSIST THE NEEDS OF SPINAL CORD INJURY VICTIMS

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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 $28,932

Other Revenue $0

TOTAL REVENUE $28,932

Expense Breakdown

Grants Paid $7,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,000

Other Expenses $1,500

TOTAL EXPENSES $8,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,932	$26,255	+0.1%
Expenses	$8,500	$67,930	-0.9%
Net Income	$20,432	$-41,675	-1.5%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
HUGH MCCLOSKEY	PRESIDENT	Director	$0	$0	$0
KATHLEEN VERKAMP	VICE PRESIDENT	Director	$0	$0	$0
MAUREEN GERAGHTY	VICE PRESIDENT	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	$28,932	$8,500	$200,216	$20,432
2023	$26,255	$67,930	$177,006	$-41,675
2023	$26,255	$67,930	$177,006	$-41,675
2022	$17,975	$22,246	$252,365	$-4,271
2021	$19,792	$22,370	$300,115	$-2,578
2020	$13,005	$20,575	$289,302	$-7,570

MCCLOSKEY FAMILY FOUNDATION INC C/O HUGH P MCCLOSKEY