ECM FOUNDATION (EIN 203033260) - 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

1995

Legal Domicile

Principal Officer

MICHAEL CALLAHAN

Phone

6016058600

Tax Period

2023-07-01 to 2024-06-30

ECM FOUNDATION, founded in 1995, is a small nonprofit in the Education sector that reported $248K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $108K, a strong 44% operating margin.

Mission

THE FOUNDATION AWARDS SCHOLARSHIPS FOR HIGHER EDUCATION TO CHILDREN OF EMPLOYEES OF MISSISSIPPI'S VARIOUS ELECTRIC COOPERATIVES, CERTAIN PARTICIPANTS IN THE ECM YOUTH TOUR PROGRAM AND TO ELECTRICAL ENGINEERING CANDIDATES LOCATED IN RURAL ELECTRIC SERVICE AREAS IN MISSISSIPPI. IN ADDITION , THE FOUNDATION PROVIDES OTHER ASSISTANCE CONSISTENT WITH ITS 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 (2023)

Revenue Breakdown

Contributions & Grants $234,802

Program Service Revenue $0

Investment Income $51

Other Revenue $12,862

TOTAL REVENUE $247,715

Expense Breakdown

Grants Paid $129,225

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $129,225

Other Expenses $10,185

TOTAL EXPENSES $139,410

Year-over-Year Comparison

	2023	2022	Change
Revenue	$247,715	$305,371	-0.2%
Expenses	$139,410	$120,439	+0.2%
Net Income	$108,305	$184,932	-0.4%

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

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 CALLAHAN	SEC-TREASURE	0.50	Officer Director	$0	$0	$0
RANDY CARROLL	DIRECTOR	0.50	Director	$0	$0	$0
BRIAN CLARK	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT DODSON	DIRECTOR	0.50	Director	$0	$0	$0
KEITH HAYWARD	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL NEELY	DIRECTOR	0.50	Director	$0	$0	$0
BRAD ROBISON	DIRECTOR	0.50	Director	$0	$0	$0
BARRY ROWLAND	VICE-CHAIRMA	0.50	Officer Director	$0	$0	$0
RANDY SMITH	CHAIRMAN	0.50	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
2025	No data	No data	No data	No data
2024	$247,715	$139,410	$1,647,837	$108,305
2023	$305,371	$120,439	$1,376,211	$184,932
2022	$347,831	$121,771	$1,149,085	$226,060
2021	$197,075	$98,983	$1,110,332	$98,092
2020	$170,867	$93,359	$903,042	$77,508
2019	$221,571	$93,378	$839,947	$128,193
2019	$221,571	$93,378	$839,947	$128,193
2018	$148,798	$99,165	$701,965	$49,633

ECM FOUNDATION