TRIMOUNT FOUNDATION INC (EIN 046141144) - 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

1961

Legal Domicile

Principal Officer

ANTHONY M MCCARTHY

Phone

9146323778

Tax Period

2023-01-01 to 2023-12-31

TRIMOUNT FOUNDATION INC, founded in 1961, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $1.8M, a strong 90% operating margin.

Mission

TRIMOUNT FOUNDATION INC PROVIDES FACILITIES FOR ROMAN CATHOLIC RELIGIOUS WORSHIP, DOCTRINAL INSTRUCTION AND MORAL GUIDANCE. THESE FACILITIES INCLUDE CHAPELS, MEETING SPACE, RESIDENCES AND A RETREAT CENTER. TRIMOUNT FOUNDATION INC CURRENTLY OWNS FOUR REAL PROPERTIES IN THE U.S.

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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 $1,444,733

Program Service Revenue $4,365

Investment Income $500,419

Other Revenue $0

TOTAL REVENUE $1,949,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $191,790

Other Expenses $196,726

TOTAL EXPENSES $196,726

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,949,517	$2,294,870	-0.2%
Expenses	$196,726	$244,214	-0.2%
Net Income	$1,752,791	$2,050,656	-0.1%

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

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
ANTHONY M MCCARTHY	PRESIDENT	0.25	Officer Director	$0	$0	$0
MARIA ANTONIETA VARELA	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MARIA ISABEL GOMEZ ORELLANA	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHAEL A COAN	CLERK	1.00	Officer Director	$0	$0	$0
ARTHUR KIM C RIVERA	TREASURER	2.00	Officer 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	No data	No data	No data	No data
2023	$1,949,517	$196,726	$16,705,877	$1,752,791
2022	$2,294,870	$244,214	$13,698,465	$2,050,656
2021	$12,248,410	$428,500	$12,172,752	$11,819,910
2020	$69,075	$164,237	$538,833	$-95,162
2019	$146,475	$167,349	$633,995	$-20,874
2018	$196,800	$126,663	$643,732	$70,137

TRIMOUNT FOUNDATION INC