THE SCRIVEN FOUNDATION

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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

1975

Legal Domicile

Principal Officer

JANE F CLARK

Phone

2129776900

Tax Period

2023-01-01 to 2023-12-31

THE SCRIVEN FOUNDATION, founded in 1975, is a small nonprofit in the Health Care sector that reported $100K in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $39.9M exceeded revenue, resulting in a 39765% operating deficit.

Mission

TO SUPPORT MARY IMOGENE BASSETT HOSPITAL, AND OTHER CHARITABLE ENTITIES IN OTSEGO COUNTY, NEW YORK.

Program Service Accomplishments

Program 1

Expenses: $38,433,777

CONTRIBUTIONS TO OTSEGO COUNTY BASED CHARITIES AND SUPPORT FOR THE MARY IMOGENE BASSETT HOSPITAL.

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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 $0

Program Service Revenue $0

Investment Income $100,170

Other Revenue $0

TOTAL REVENUE $100,170

Expense Breakdown

Grants Paid $36,961,738

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $38,433,777

Other Expenses $2,971,485

TOTAL EXPENSES $39,933,223

Year-over-Year Comparison

	2023	2022	Change
Revenue	$100,170	$38,874,140	-1.0%
Expenses	$39,933,223	$11,418,020	+2.5%
Net Income	$-39,833,053	$27,456,120	-2.5%

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

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
JANE F CLARK	PRESIDENT/DIRECTOR	0.10	Officer Director	$0	$0	$0
TERRY T FULMER	DIRECTOR	0.10	Director	$0	$0	$0
EDWARD GOZIGIAN ESQ	DIRECTOR	0.10	Director	$0	$0	$0
STEPHEN M DUFF	VICE PRESIDENT/DIRECTOR	0.10	Officer Director	$0	$0	$0
CHARLES B KIELER	DIRECTOR	0.10	Director	$0	$0	$0
J MICHAEL MOFFAT	DIRECTOR	0.10	Director	$0	$0	$0
GATES HELMS HAWN	DIRECTOR	0.10	Director	$0	$0	$0
JAMES K PATRICK	DIRECTOR	0.10	Director	$0	$0	$0
KEVIN S MOORE	TREASURER	0.10	Officer	$0	$0	$0
DOUGLAS B BAUER	SECRETARY	0.10	Officer	$0	$0	$0
ANTHONY J FASANO JR	ASST. TREASURER	0.10	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	$100,170	$39,933,223	$254,071,305	$-39,833,053
2022	$38,874,140	$11,418,020	$260,391,796	$27,456,120
2021	$15,255,528	$17,169,522	$280,688,759	$-1,913,994
2020	$13,644,118	$4,490,061	$262,576,806	$9,154,057
2019	$6,574,365	$20,417,798	$250,247,125	$-13,843,433
2018	$18,616,710	$14,153,783	$223,638,301	$4,462,927