LIPPINCOTT FAMILY FOUNDATION C/O ARIZONA COMMUNITY FOUNDATION

EIN: 200967548 501(c)(3) Philanthropy & Grantmaking

PHOENIX, AZ

Total Revenue
$6,620,227
Total Expenses
$146,491
Total Assets
$7,678,201
Net Assets
$7,673,201
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
AZ
Principal Officer
ANN LIPPINCOTT
Phone
6023811400
Tax Period
2024-04-01 to 2025-03-31

LIPPINCOTT FAMILY FOUNDATION C/O ARIZONA COMMUNITY FOUNDATION, founded in 2004, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.6M in total revenue in fiscal year 2024. Revenue surged 146430% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.5M, a strong 98% operating margin.

Mission

TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, AN AZ NONPROFIT CORPORATION, SO LONG AS THE ARIZONA COMMUNITY FOUNDATION, INC. REMAINS A QUALIFIED ORGANIZATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,553,871
Program Service Revenue $0
Investment Income $66,356
Other Revenue $0
TOTAL REVENUE $6,620,227

Expense Breakdown

Grants Paid $110,600
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $110,600
Other Expenses $35,891
TOTAL EXPENSES $146,491

Year-over-Year Comparison

2024 2023 Change
Revenue $6,620,227 $4,518 +1464.3%
Expenses $146,491 $53,622 +1.7%
Net Income $6,473,736 $-49,104 -132.8%
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

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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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
$750,139
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL DEBELL VICE CHAIR 1.00
Officer Director
$0 $0 $0
ANN LIPPINCOTT CHAIR 1.00
Officer Director
$0 $0 $0
DAVID ARKULES DIRECTOR 1.00
Director
$0 $0 $0
JANET MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
VICKI RUBY DIRECTOR 1.00
Director
$0 $0 $0
ANNA MARIA CHAVEZ PRESIDENT 1.00
Officer
$0 $21,708 $594,208
STEHANIE HARRER SECRETARY & TREASURER 1.00
Officer
$0 $8,866 $155,931
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 $6,620,227 $146,491 $7,678,201 $6,473,736
2024 $4,518 $53,622 $1,116,477 $-49,104
2023 $35,548 $63,064 $1,053,443 $-27,516
2022 $84,232 $63,896 $1,149,752 $20,336
2021 $91,597 $58,292 $1,128,123 $33,305
2020 $38,947 $51,369 $936,832 $-12,422
2019 $45,587 $61,993 $1,032,204 $-16,406
2018 $75,369 $72,139 $1,078,883 $3,230
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