THE SCHERMERHORN FOUNDATION (EIN 136272702) - 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

1968

Legal Domicile

Principal Officer

HUNTER R POLLOCK

Phone

8458001211

Tax Period

2023-01-01 to 2023-12-31

THE SCHERMERHORN FOUNDATION, founded in 1968, is a small nonprofit in the Religion sector that reported $171K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $203K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE FINANCIAL SUPPORT TO FIRST REFORMED CHURCH OF SCHENECTADY, NEW YORK.

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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 $163,846

Other Revenue $6,943

TOTAL REVENUE $170,789

Expense Breakdown

Grants Paid $163,591

Salaries & Benefits $19,000

Fundraising Expenses $0

Program Expenses $189,798

Other Expenses $20,559

TOTAL EXPENSES $203,150

Year-over-Year Comparison

	2023	2022	Change
Revenue	$170,789	$126,914	+0.3%
Expenses	$203,150	$183,000	+0.1%
Net Income	$-32,361	$-56,086	-0.4%

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

N/A

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

$19,000

Total Directors

$19,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HUNTER R POLLOCK	PRESIDENT	3.00	Officer Director	$9,500	$0	$9,500
JOANNE P POLLOCK	VICE-PRESIDENT	2.00	Officer Director	$9,500	$0	$9,500
BRANDON C POLLOCK	SECRETARY	2.00	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	No data	No data	No data	No data
2023	$170,789	$203,150	$4,652,717	$-32,361
2022	$126,914	$183,000	$4,730,830	$-56,086
2021	$233,325	$170,574	$5,008,161	$62,751
2020	$65,275	$170,402	$4,146,521	$-105,127
2019	$113,632	$174,950	$4,223,757	$-61,318
2018	$152,723	$195,915	$3,783,955	$-43,192

THE SCHERMERHORN FOUNDATION