Peter M Goodrich Memorial Foundation (EIN 026147550) - 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

Donald Goodrich

Phone

8027335136

Tax Period

2024-01-01 to 2024-12-31

Peter M Goodrich Memorial Foundation, founded in 2002, is a micro nonprofit that reported $79K in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $171K exceeded revenue, resulting in a 116% operating deficit.

Mission

To support the love of learning for its own sake, especially by those naturally curious, imaginative, dreamers like Peter, thought not well suited for it, and to encourage the search for those thin places that separate what we are taught to believe is true from what really is, give aid to those who unselfishly approach those perilous places, and help discover means of peaceful passage through them to clearer understandings of our natural world and its people.

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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 $74,975

Program Service Revenue $0

Investment Income $4,015

Other Revenue $0

TOTAL REVENUE $78,990

Expense Breakdown

Grants Paid $167,833

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $167,833

Other Expenses $3,020

TOTAL EXPENSES $170,853

Year-over-Year Comparison

	2024	2023	Change
Revenue	$78,990	$189,137	-0.6%
Expenses	$170,853	$101,213	+0.7%
Net Income	$-91,863	$87,924	-2.0%

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

N/A

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
Donald Goodrich	Trustee	1.00	Officer Director	$0	$0	$0
D Foster Goodrich	Officer	0.00	Officer	$0	$0	$0
Karen C Flynn	Officer	0.00	Officer	$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	$78,990	$170,853	$51,533	$-91,863
2023	$189,137	$101,213	$140,755	$87,924
2022	$66,860	$78,107	$50,756	$-11,247
2021	$55,379	$44,374	$78,335	$11,005
2020	$5,771	$27,269	$66,906	$-21,498

Peter M Goodrich Memorial Foundation