THE CHRISTOPHER N INGRASSIA MEM ORG INC (EIN 020615408) - 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

DENNIS ODOWD

Phone

9732634944

Tax Period

2024-06-01 to 2025-05-31

THE CHRISTOPHER N INGRASSIA MEM ORG INC, founded in 2002, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $3K in total revenue in fiscal year 2024. Expenses of $30K exceeded revenue, resulting in a 914% operating deficit.

Mission

TO PROVIDE SCHOLARSHIPS, AID TO AGENCIES CARING FOR HOMELESS YOUTHS, CHILDREN WITH CANCERS, AND AID TO INDIVIDUALS FACING EXTREME FINANCIAL HARDSHIP.

🔒

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 $0

Program Service Revenue $0

Investment Income $2,948

Other Revenue $0

TOTAL REVENUE $2,948

Expense Breakdown

Grants Paid $29,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,000

Other Expenses $900

TOTAL EXPENSES $29,900

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,948	$2,948	N/A
Expenses	$29,900	$29,900	N/A
Net Income	$-26,952	$-26,952	N/A

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

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
DENNIS ODOWD	PRESIDENT	1.00	Officer Director	$0	$0	$0
EDWARD FRANCOWICZ	VP TRUSTEE	1.00	Officer Director	$0	$0	$0
MARK ORSI	SECY TRUSTEE	1.00	Officer Director	$0	$0	$0
ANTHONY INGRASSIA	TRUSTEE	0.00	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
2025	$2,948	$29,900	$62,045	$-26,952
2024	$9,217	$27,525	$88,997	$-18,308
2023	$1,148	$11,785	$107,305	$-10,637
2022	$107	$900	$117,942	$-793
2021	$105	$1,900	$118,735	$-1,795
2020	$105	$405	$120,530	$-300
2019	$106	$900	$120,830	$-794
2018	$106	$900	$121,624	$-794

THE CHRISTOPHER N INGRASSIA MEM ORG INC