UNITED COVENANT FOUNDATION INC (EIN 113682676) - 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

2003

Legal Domicile

Principal Officer

DIRK PRINDLE

Phone

7152695345

Tax Period

2024-01-01 to 2024-12-31

UNITED COVENANT FOUNDATION INC, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $435K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

CONSTRUCTION AND RENTAL OF 39 APARTMENT UNITS DESIGNED AND OPERATED FOR ELDERLY INDIVIDUALS AND OPERATIONS OF DAY CARE CENTER.

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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 $429,431

Investment Income $5,475

Other Revenue $0

TOTAL REVENUE $434,906

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $462,378

Other Expenses $463,483

TOTAL EXPENSES $463,483

Year-over-Year Comparison

	2024	2023	Change
Revenue	$434,906	$353,255	+0.2%
Expenses	$463,483	$478,505	0.0%
Net Income	$-28,577	$-125,250	-0.8%

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
TIM JURISCH	DIRECTOR	1.00	Director	$0	$0	$0
JOEL MARKUSON	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA MCMAHAN	DIRECTOR	1.00	Director	$0	$0	$0
ETHEL PAULSON	SECRETARY	1.00	Officer Director	$0	$0	$0
DIRK PRINDLE	PRESIDENT	1.00	Officer Director	$0	$0	$0
ETHELYN SCHONE	TREASURER	2.00	Officer Director	$0	$0	$0
DAN WALLBERG	VICE PRESIDE	1.00	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	$434,906	$463,483	$4,170,612	$-28,577
2023	$353,255	$478,505	$3,701,957	$-125,250
2022	$408,489	$512,073	$4,123,982	$-103,584
2021	$394,278	$509,383	$4,025,919	$-115,105
2020	$603,758	$618,939	$4,588,658	$-15,181
2019	$517,173	$576,364	$4,589,528	$-59,191
2018	$416,626	$697,456	$4,454,755	$-280,830

UNITED COVENANT FOUNDATION INC