ESSEX COUNTY COMMUNITY FOUNDATION INC (EIN 043407816) - 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

1998

Legal Domicile

Principal Officer

STRATTON C LLOYD

Phone

9787778876

Tax Period

2024-07-01 to 2025-06-30

ESSEX COUNTY COMMUNITY FOUNDATION INC, founded in 1998, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $24.7M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.3M, a strong 26% operating margin.

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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 $19,338,087

Program Service Revenue $0

Investment Income $5,223,671

Other Revenue $127,969

TOTAL REVENUE $24,689,727

Expense Breakdown

Grants Paid $14,415,399

Salaries & Benefits $2,091,549

Fundraising Expenses $979,573

Program Expenses $15,631,725

Other Expenses $1,847,874

TOTAL EXPENSES $18,354,822

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,689,727	$17,567,331	+0.4%
Expenses	$18,354,822	$20,111,539	-0.1%
Net Income	$6,334,905	$-2,544,208	-3.5%

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

Employees

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

$472,986

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD SUMBERG	CHAIRMAN OF THE BOARD	2.00	Officer Director	$0	$0	$0
ROBERT GORE	CHAIR OF GOVERNANCE	1.00	Officer Director	$0	$0	$0
JONATHAN PAYSON	CHAIR OF INVESTMENT	1.00	Officer Director	$0	$0	$0
ANA COLMENERO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ALLAN HUNTLEY	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT GOLDMAN	CLERK	1.00	Officer Director	$0	$0	$0
RICHARD YAGJIAN	TRUSTEE	1.00	Director	$0	$0	$0
BENJAMIN LANGILLE	TRUSTEE	1.00	Director	$0	$0	$0
JOHN COLUCCI	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTINE ORTIZ	TRUSTEE	1.00	Director	$0	$0	$0
PAMELA SCOTT	TRUSTEE	1.00	Director	$0	$0	$0
AMY KINGMAN	TRUSTEE	1.00	Director	$0	$0	$0
DEAN MARSH	TRUSTEE	1.00	Director	$0	$0	$0
LANE GLENN	TRUSTEE	1.00	Director	$0	$0	$0
CHARLTON REYNDERS	TRUSTEE	1.00	Director	$0	$0	$0
LUIS ROMAN	TRUSTEE	1.00	Director	$0	$0	$0
DONEECA THURSTON-CHAVEZ	TRUSTEE	1.00	Director	$0	$0	$0
ROSARIO UBIERA-MINAYA	TRUSTEE	1.00	Director	$0	$0	$0
PATRICIA FAEHO	TRUSTEE (UNTIL 9/2024)	1.00	Director	$0	$0	$0
STRATTON C LLOYD	PRESIDENT & CEO (AS OF 7/2024)	40.00	Officer	$193,256	$21,307	$214,563
M ELIZABETH FRANCIS	PRESIDENT AND CEO (UNTIL 6/24)	40.00	Officer	$115,394	$9,425	$124,819
J BRITTON HUTCHINS	CFO	32.00	Officer	$114,597	$19,007	$133,604
STACEY LANDRY	SVP ADVANCEMENT, PHILANTHROPIC SERVICES	40.00	Highest	$129,595	$20,343	$149,938
CAROL SCHUSTER	VP COMMUNITY ENGAGEMENT	40.00	Highest	$116,953	$18,894	$135,847

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	$24,689,727	$18,354,822	$150,520,110	$6,334,905
2024	$17,567,331	$20,111,539	$134,350,244	$-2,544,208
2023	$22,676,023	$22,735,694	$126,649,132	$-59,671
2022	$28,414,247	$18,466,093	$116,029,343	$9,948,154
2021	$32,729,698	$21,022,630	$127,248,695	$11,707,068
2020	$26,450,422	$21,303,865	$96,930,282	$5,146,557
2019	$41,426,947	$24,594,925	$91,073,475	$16,832,022

ESSEX COUNTY COMMUNITY FOUNDATION INC