262 FOUNDATION INC (EIN 043279990) - 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

1995

Legal Domicile

Principal Officer

TIMOTHY KILDUFF

Phone

5085093484

Tax Period

2023-01-01 to 2023-12-31

262 FOUNDATION INC, founded in 1995, is a small nonprofit in the Education sector that reported $263K in total revenue in fiscal year 2023. Revenue surged 80% from the prior year, signaling strong growth momentum.

Mission

PROMOTE HEALTH, RECREATION AND CIVIC IMAGE IN HOPKINTON AND THE METROWEST COMMUNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $255,662

Program Service Revenue $0

Investment Income $7,291

Other Revenue $0

TOTAL REVENUE $262,953

Expense Breakdown

Grants Paid $4,340

Salaries & Benefits $124,529

Fundraising Expenses $0

Program Expenses $255,918

Other Expenses $127,049

TOTAL EXPENSES $255,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$262,953	$146,141	+0.8%
Expenses	$255,918	$139,420	+0.8%
Net Income	$7,035	$6,721	+0.0%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY KILDUFF	PRESIDENT	20.00	Officer	$0	$0	$0
CAITLYN JACQUES	TREASURER	2.00	Officer	$0	$0	$0
STEPHANIE WHELAN	CLERK	2.00	Officer	$0	$0	$0
MICHAEL NEECE	CEO	5.00	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	No data	No data	No data	No data
2023	$262,953	$255,918	$1,017,573	$7,035
2022	$146,141	$139,420	$1,010,538	$6,721
2021	$133,555	$115,937	$872,856	$17,618
2020	$150,842	$145,377	$812,580	$5,465
2019	$168,468	$102,266	$538,635	$66,202

262 FOUNDATION INC