CHARLES E COTTING CHARITABLE CORP (EIN 042767464) - 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

1982

Legal Domicile

Principal Officer

GREGORY L GULLICKSON

Phone

6172271782

Tax Period

2024-01-01 to 2024-12-31

CHARLES E COTTING CHARITABLE CORP, founded in 1982, is a mid-sized nonprofit in the Education sector that reported $11.1M in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 20% operating margin.

Mission

TO FUND STUDENT SCHOLARSHIPS AND ACADEMIC FACULTY SALARIES FOR HARVARD COLLEGE GRADUATE SCHOOL FOR BUSINESS ADMINISTRATION.

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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 $11,057,765

Other Revenue $1,322

TOTAL REVENUE $11,059,087

Expense Breakdown

Grants Paid $7,699,980

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,699,980

Other Expenses $1,129,947

TOTAL EXPENSES $8,829,927

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,059,087	$6,992,038	+0.6%
Expenses	$8,829,927	$8,463,136	+0.0%
Net Income	$2,229,160	$-1,471,098	-2.5%

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

$772,318

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT G BANNISH	TRUSTEE AND DIRECTOR	8.00	Director	$257,440	$0	$257,440
ZACHARY A BOURQUE	TRUSTEE AND DIRECTOR	8.00	Director	$257,439	$0	$257,439
GREGORY L GULLICKSON	TRUSTEE AND DIRECTOR	8.00	Director	$257,439	$0	$257,439
MALCOLM P BAKER	TRUSTEE AND DIRECTOR	0.30	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	$11,059,087	$8,829,927	$112,673,338	$2,229,160
2023	$6,992,038	$8,463,136	$110,505,668	$-1,471,098
2022	$7,040,824	$8,471,700	$112,129,397	$-1,430,876
2021	$14,477,400	$8,087,872	$113,711,021	$6,389,528
2020	$9,503,634	$7,365,190	$107,429,529	$2,138,444

CHARLES E COTTING CHARITABLE CORP