COMMONWEAL FOUNDATION

EIN: 133174407 501(c)(3)

NEW YORK, NY

Total Revenue
$3,441,051
Total Expenses
$2,491,210
Total Assets
$4,850,758
Net Assets
$3,895,062
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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
1983
Legal Domicile
DE
Principal Officer
DOMINIC PREZIOSI
Phone
2126624200
Tax Period
2023-10-01 to 2024-09-30

COMMONWEAL FOUNDATION, founded in 1983, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $950K, a strong 28% operating margin.

Mission

PUBLICATION AND ONLINE DISTRIBUTION OF INFORMATION ON PUBLIC AFFAIRS, RELIGION, LITERATURE AND THE ARTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,396,612
Program Service Revenue $764,512
Investment Income $295,904
Other Revenue $-15,977
TOTAL REVENUE $3,441,051

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,397,523
Fundraising Expenses $287,479
Program Expenses $1,592,507
Other Expenses $1,093,687
TOTAL EXPENSES $2,491,210

Year-over-Year Comparison

2023 2022 Change
Revenue $3,441,051 $2,312,170 +0.5%
Expenses $2,491,210 $2,365,373 +0.1%
Net Income $949,841 $-53,203 -18.9%
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

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Governance

Voting Members
23
Independent Members
21
Employees
14
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
4
$286,387
Total Directors
25
$285,938
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOMINIC PREZIOSI PRESIDENT 32.00
Officer Director
$131,077 $42,109 $173,186
VINCENT ROGEAU DIRECTOR 1.00
Director
$0 $0 $0
DENNIS O'BRIEN DIRECTOR 1.00
Director
$0 $0 $0
BARBARA ROSIELLO DIRECTOR 1.00
Director
$0 $0 $0
JANE O'CONNELL DIRECTOR 1.00
Director
$0 $0 $0
TIM WELSH DIRECTOR 1.00
Director
$0 $0 $0
PAUL SAUNDERS DIRECTOR 2.00
Director
$0 $0 $0
PETER STEINFELS DIRECTOR 1.00
Director
$0 $0 $0
ALICE MCDERMOTT DIRECTOR 1.00
Director
$0 $0 $0
MARK VANDERHEYDEN DIRECTOR 1.00
Director
$0 $0 $0
DANIEL MURTAUGH DIRECTOR 1.00
Director
$0 $0 $0
JAMES T MORLEY JR DIRECTOR 1.00
Director
$0 $0 $0
MARK DALTON DIRECTOR 1.00
Director
$0 $0 $0
JOHN MCGREEVEY DIRECTOR 1.00
Director
$0 $0 $0
BRIEN O'BRIEN FORMER DIRECTOR 1.00
Director
$0 $0 $0
THOMAS BAKER DIRECTOR 1.00
Director
$0 $0 $0
CATHLEEN KAVENY DIRECTOR 1.00
Director
$0 $0 $0
ROSANNE HAGGERTY VICE CHAIRMAN/DIRECTOR 1.00
Officer Director
$0 $0 $0
MICHAEL PEPPARD FORMER DIRECTOR 1.00
Director
$0 $0 $0
DANIEL MURRAY DIRECTOR 1.00
Director
$0 $0 $0
JOHN KUSTER DIRECTOR 1.00
Director
$0 $0 $0
THOMAS HIGGINS DIRECTOR 1.00
Director
$0 $0 $0
ELLEN KONECK DIRECTOR 32.00
Director
$107,000 $5,752 $112,752
CHRIS LOWNEY CHAIRMAN/DIRECTOR 1.00
Officer Director
$0 $0 $0
NATALIA IMPERATORI-LEE DIRECTOR 1.00
Director
$0 $0 $0
JAMES HANNAN VICE PRES & TREASURER & SE 32.00
Officer
$93,228 $19,973 $113,201
ADRIANNA MELNYK VICE PRESIDENT OF ADVANCEM 32.00
Highest
$102,791 $25,823 $128,614
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 $3,441,051 $2,491,210 $4,850,758 $949,841
2023 $2,312,170 $2,365,373 $3,266,753 $-53,203
2022 $1,707,525 $2,164,151 $3,554,771 $-456,626
2021 $2,195,607 $1,998,970 $4,782,821 $196,637
2020 $1,620,132 $2,089,915 $4,139,858 $-469,783
2019 $2,486,886 $2,125,183 $4,278,894 $361,703
2018 $1,763,219 $2,059,133 $4,129,610 $-295,914
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