Rockland Foundation (EIN 137076137) - 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

1996

Legal Domicile

Phone

8455481513

Tax Period

2024-04-01 to 2025-03-31

Rockland Foundation, founded in 1996, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $27K in total revenue in fiscal year 2024. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $110K exceeded revenue, resulting in a 312% operating deficit.

Mission

To provide affordable housing to low income persons and contributions to other charitable organizations that conduct activities within the meaning of our exempt purpose.

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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 $38,962

Program Service Revenue $0

Investment Income $828

Other Revenue $-13,011

TOTAL REVENUE $26,779

Expense Breakdown

Grants Paid $101,424

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $101,424

Other Expenses $8,962

TOTAL EXPENSES $110,386

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,779	$85,815	-0.7%
Expenses	$110,386	$151,697	-0.3%
Net Income	$-83,607	$-65,882	+0.3%

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
Chaim Weiss	Trustee	6.00	Director	$0	$0	$0
Shea Goldenberg	Trustee	2.00	Director	$0	$0	$0
Menachem Halperin	Trustee	2.00	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
2025	$26,779	$110,386	$3,771,234	$-83,607
2024	$85,815	$151,697	$3,607,380	$-65,882
2023	$281,007	$159,218	$3,836,120	$121,789
2022	$96,912	$160,346	$3,732,330	$-63,434
2022	$96,912	$160,346	$3,732,330	$-63,434
2021	$117,138	$141,420	$3,795,764	$-24,282
2020	$90,539	$37,669	$3,820,046	$52,870
2019	$180,021	$656,485	$3,806,176	$-476,464
2018	$103,092	$490,435	$3,295,655	$-387,343

Rockland Foundation