SARATOGA COUNTY FOUNDATION INC C/O SARATOGA COUNTY CHAMBER OF COMMERCE (EIN 161617074) - 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

2002

Legal Domicile

Principal Officer

TODD SHIMKUS

Phone

5185843255

Tax Period

2023-01-01 to 2023-12-31

SARATOGA COUNTY FOUNDATION INC C/O SARATOGA COUNTY CHAMBER OF COMMERCE, founded in 2002, is a small nonprofit in the Environment sector that reported $277K in total revenue in fiscal year 2023. Revenue surged 103% from the prior year, signaling strong growth momentum. Expenses of $339K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE ORGANIZATION SUPPORTS A WIDE RANGE OF PROGRAMS OF BENEFIT TOEVERYONE WHO LIVES, WORKS AND PLAYS IN SARATOGA COUNTY, NY.

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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 $274,390

Program Service Revenue $0

Investment Income $914

Other Revenue $1,240

TOTAL REVENUE $276,544

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,000

Fundraising Expenses $0

Program Expenses $317,323

Other Expenses $334,041

TOTAL EXPENSES $339,041

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,544	$136,223	+1.0%
Expenses	$339,041	$136,965	+1.5%
Net Income	$-62,497	$-742	+83.2%

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

$228,353

Total Directors

$228,353

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD SHIMKUS	CHAMBER PRESIDENT	1.00	Officer Director	$0	$29,396	$228,353
TARA ANNE PLEAT	DIRECTOR	1.00	Director	$0	$0	$0
ERIC HENNESSEY	DIRECTOR	1.00	Director	$0	$0	$0
RANDY METEVIER	TREASURER/SECRETARY	1.00	Officer	$0	$0	$0
CHAD KIESOW	VICE CHAIR	1.00	Officer	$0	$0	$0
AMY SMITH	CHAIR OF THE BOARD	1.00	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	$276,544	$339,041	$129,189	$-62,497
2022	$136,223	$136,965	$597,357	$-742
2021	$73,674	$72,084	$194,564	$1,590
2020	$113,395	$97,755	$597,845	$15,640
2019	$482,694	$602,849	$575,521	$-120,155

SARATOGA COUNTY FOUNDATION INC C/O SARATOGA COUNTY CHAMBER OF COMMERCE