SECURED FINANCE FOUNDATION (EIN 133577148) - 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

1990

Legal Domicile

Principal Officer

RICHARD GUMBRECHT

Phone

2127929390

Tax Period

2023-10-01 to 2024-09-30

SECURED FINANCE FOUNDATION, founded in 1990, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $794K in total revenue in fiscal year 2023. The organization ran a surplus of $212K, a strong 27% operating margin.

Mission

THE ORGANIZATION WAS FORMED ON JUNE 4, 1990 TO PROVIDE GRANTS AND/OR GIFTS TO ASSIST AND SUPPORT STUDENTS ENROLLED IN EDUCATIONAL PROGRAMS DEALING WITH ASSET BASED LENDING AND TO MAKE GRANTS AND/OR GIFTS TO ASSIST AND FUND SECONDARY SCHOOLS, COLLEGES AND UNIVERSITIES IN SUPPORT OF THEIR ASSET BASED LENDING EDUCATIONAL PROGRAMS.

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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 $502,225

Program Service Revenue $252,050

Investment Income $11,242

Other Revenue $28,835

TOTAL REVENUE $794,352

Expense Breakdown

Grants Paid $31,945

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $318,107

Other Expenses $550,156

TOTAL EXPENSES $582,101

Year-over-Year Comparison

	2023	2022	Change
Revenue	$794,352	$760,191	+0.0%
Expenses	$582,101	$650,589	-0.1%
Net Income	$212,251	$109,602	+0.9%

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

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

$956,068

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEWART HAYES	BOARD MEMBER/CHAIR	0.20	Officer Director	$0	$0	$0
AMY BARRENTINE	BOARD MEMBER	0.20	Director	$0	$0	$0
MIIN CHEN	BOARD MEMBER	0.20	Director	$0	$0	$0
DOUG JUNG	BOARD MEMBER	0.20	Director	$0	$0	$0
ROBERT MEYERS	BOARD MEMBER	0.20	Director	$0	$0	$0
JORDAN KLEIN	BOARD MEMBER	0.20	Director	$0	$0	$0
FRANK GRIMALDI	BOARD MEMBER	0.20	Director	$0	$0	$0
PETER YORK	BOARD MEMBER	0.20	Director	$0	$0	$0
JOE ACCARDI	BOARD MEMBER	0.20	Director	$0	$0	$0
JANET JARRETT	BOARD MEMBER	0.20	Director	$0	$0	$0
MICHAEL SCOLARO	BOARD MEMBER	0.20	Director	$0	$0	$0
JONATHAN N HELFAT	CO-GENERAL COUNSEL	0.20	Officer	$0	$0	$0
BOBBI ACORD NOLAND	CO-GENERAL COUNSEL	0.20	Officer	$0	$0	$0
RICHARD GUMBRECHT	BOARD MEMBER/CEO	10.00	Officer	$0	$18,650	$712,165
GREGORY SLOWIK	BOARD MEMBER/CFO/BRD SEC & TREAS	10.00	Officer	$69,996	$24,675	$243,903

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	$794,352	$582,101	$685,320	$212,251
2023	$760,191	$650,589	$541,424	$109,602
2022	$713,005	$599,172	$534,017	$113,833
2021	$487,784	$389,350	$604,440	$98,434
2020	$401,065	$466,445	$548,155	$-65,380
2018	$493,990	$506,408	$873,634	$-12,418

SECURED FINANCE FOUNDATION