KENMAX FOUNDATION INC

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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

2010

Legal Domicile

Principal Officer

MICHAEL BYRNE

Phone

3159424492

Tax Period

2023-01-01 to 2023-12-31

KENMAX FOUNDATION INC, founded in 2010, is a micro nonprofit in the Animal-Related sector that reported $47K in total revenue in fiscal year 2023. Expenses of $58K exceeded revenue, resulting in a 23% operating deficit.

Mission

KENMAX FOUNDATION IS A NON PROFIT ORGANIZATION DEDICATED SOLELY TO PROMOTING JUSTICE FOR THE PLANET AND ITS INHABITANTS. AT KENMAX FOUNDATION, WE FOCUS ON ENGAGING COMMUNITY INVOLVEMENT THROUGH EDUCATION TO PROMOTE BIODIVERSITY, SUSTAINABILITY, AND CONSERVATION OF SCARCE RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $58,396

ONE OF THE CORE PROGRAMS OF THE KENMAX FOUNDATION IS THE MARIS FARM PROJECT, WHICH IS LOCATED ON THE TUG HILL PLATEAU OF CENTRAL NEW YORK. STARTED IN 2010, MARIS FARM DONATES LOCALLY GROWN PRODUCE TO LOCAL FOOD BANKS. BY SUPPLYING THESE ORGANIZATIONS WITH LOCAL, CHEMICAL-FREE FOOD, THE HEALTH OF THE LOCAL ENVIRONMENT AND PEOPLE ARE IMPACTED.

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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 $26,405

Investment Income $21,033

Other Revenue $0

TOTAL REVENUE $47,438

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,595

Fundraising Expenses $0

Program Expenses $58,396

Other Expenses $47,801

TOTAL EXPENSES $58,396

Year-over-Year Comparison

	2023	2022	Change
Revenue	$47,438	$43,975	+0.1%
Expenses	$58,396	$56,745	+0.0%
Net Income	$-10,958	$-12,770	-0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BYRNE	TREASURER	N/A	Officer Director	$0	$0	$0
NICHOLAS BYRNE	PRESIDENT	N/A	Officer Director	$0	$0	$0
NICHOLAS BYRNE JR	VICE PRESIDE	N/A	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	$47,438	$58,396	$460,188	$-10,958
2022	$43,975	$56,745	$344,389	$-12,770
2020	$34,200	$42,529	$389,265	$-8,329
2019	$35,070	$41,289	$397,594	$-6,219
2018	$14,100	$40,361	$403,813	$-26,261