CLUB OF MADRID FOUNDATION INC C/O JAY M TANNON

EIN: 202013301 501(c)(3) Civil Rights & Advocacy

VIENNA, VA

Total Revenue
$239,570
Total Expenses
$235,218
Total Assets
$26,812
Net Assets
$9,312
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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
2004
Legal Domicile
DE
Principal Officer
JAY M TANNON
Phone
6176304935
Tax Period
2023-01-01 to 2023-12-31

CLUB OF MADRID FOUNDATION INC C/O JAY M TANNON, founded in 2004, is a small nonprofit in the Civil Rights & Advocacy sector that reported $240K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring.

Mission

THE CLUB OF MADRID FOUNDATION, INC. (COMFI WAS INCORPORATED ON OCTOBER 27, 2004 FOR THE PRIMARY PURPOSE OF RAISING FUNDS TO SUPPORT SPECIFIC CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE CLUB OF MADRID (CDM), A SPANISH ORGANIZATON SERVING PUBLIC PURPOSES UNDER SPANISH LAW. CDMS PURPOSE AND PRIORITY IS TO STRENGTHEN DEMOCRACY AROUND THE WORLD AND ESPECIALLY TO ENABLE THE TRANSITION OF NON-DEMOCRATIC COUNTRIES TO DEMOCRACY. IT STIMULATES, PROMOTES AND CONDUCTS INITIATIVES AND ACTIVITIES, AND PARTICIPATES IN PROJECTS INTENDED TO ACHIEVE THIS OBJECTIVE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $239,570
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $239,570

Expense Breakdown

Grants Paid $226,003
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $226,003
Other Expenses $9,215
TOTAL EXPENSES $235,218

Year-over-Year Comparison

2023 2022 Change
Revenue $239,570 $401,000 -0.4%
Expenses $235,218 $402,216 -0.4%
Net Income $4,352 $-1,216 -4.6%
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

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Governance

Voting Members
4
Independent Members
4
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY TANNON PRESIDENT 1.00
Officer Director
$0 $0 $0
THEODORE PICCONE BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY PHILLIPS DIRECTOR 1.00
Officer Director
$0 $0 $0
CAMILLO MORALES TREASURER-SECRETARY 1.00
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 $239,570 $235,218 $26,812 $4,352
2022 $401,000 $402,216 $13,460 $-1,216
2021 $276,000 $280,817 $13,176 $-4,817
2020 $226,000 $233,265 $17,993 $-7,265
2019 $451,000 $452,228 $25,258 $-1,228
2018 $562,771 $560,450 $26,486 $2,321
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