ELANT FOUNDATION INC (EIN 061276072) - 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

1994

Legal Domicile

Principal Officer

DEBRA ZAMBITO

Phone

8453601200

Tax Period

2018-01-01 to 2018-12-31

ELANT FOUNDATION INC, founded in 1994, is a small nonprofit that reported $250K in total revenue in fiscal year 2018. Revenue fell 56% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $204K, a strong 82% operating margin.

Mission

TO PROVIDE FUNDRAISING ACTIVITIES FOR AFFILIATED NOT FOR PROFIT ORGANIZATIONS WHOSE MISSION IS TO PROVIDE EXCEPTIONAL HEALTH CARE AND QUALITY OF LIFE THROUGH INNOVATIVE PROGRAMS TO THOSE WE SERVE WITHIN OUR COMMUNITIES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $138,232

Program Service Revenue $0

Investment Income $107,814

Other Revenue $3,746

TOTAL REVENUE $249,792

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $45,525

TOTAL EXPENSES $45,525

Year-over-Year Comparison

	2018	2017	Change
Revenue	$249,792	$569,363	-0.6%
Expenses	$45,525	$1,715,376	-1.0%
Net Income	$204,267	$-1,146,013	-1.2%

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

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

$411,304

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA CORNELL	CHAIRMAN	0.25	Officer Director	$0	$0	$0
PAUL S ERNENWEIN ESQ	VICE CHAIRMA	0.25	Officer Director	$0	$0	$0
THOMAS MCGORRY	TREASURER/SE	0.25	Officer Director	$0	$0	$0
NANCY CALHOUN	BOARD MEMBER	0.25	Director	$0	$0	$0
MARYJANE SORRELL	BOARD MEMBER	0.25	Director	$0	$0	$0
LAWRENCE FORCE PHD	BOARD MEMBER	0.25	Director	$0	$0	$0
NANCY MARKOFF	BOARD MEMBER	0.25	Director	$0	$0	$0
THOMAS D WEDDELL	BOARD MEMBER	0.25	Director	$0	$0	$0
JAMES W KRUEGER	RESIGNED 3/5	0.25	Director	$0	$0	$0
ANDREW L SIMON	RESIGNED 11/	0.25	Director	$0	$0	$0
DEBRA ZAMBITO	PRESIDENT &	0.50	Officer	$0	$750	$251,270
ERNEST SCOTT PIOTTI	CONTROLLER	0.50	Officer	$0	$11,412	$160,034

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
2018	$249,792	$45,525	$2,259,003	$204,267

ELANT FOUNDATION INC