MARCUM FOUNDATION INC

EIN: 203081932 501(c)(3) Philanthropy & Grantmaking

CLEVELAND, OH

Total Revenue
$1,147,583
Total Expenses
$1,956,460
Total Assets
$644,534
Net Assets
$362,107
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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
2005
Legal Domicile
FL
Principal Officer
SHAUN BLOGG
Phone
3059959600
Tax Period
2024-06-01 to 2025-05-31

MARCUM FOUNDATION INC, founded in 2005, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 70% operating deficit.

Mission

THE MARCUM FOUNDATION STRIVES TO BE A LEADING CONTRIBUTOR OF TIME & MONEY, AS A FULLY ENGAGED PARTNER, TO ORGANIZATIONS OFFERING FUNDAMENTAL HUMAN SERVICES TO CHILDREN IN OUR LOCAL COMMUNITIES.WE ENVISION A WORLD WHERE NO CHILD HAS TO WORRY ABOUT THEIR BASIC NEEDSEDUCATION, FOOD, HEALTHCARE AND GENERAL WELLBEING. BY MEETING THESE NEEDS, WE WILL ENSURE THAT ALL CHILDREN CAN WORRY LESS AND ACHIEVE MORE, AS THE FUTURE OF OUR COMMUNITY DEPENDS ON THE SUCCESS OF TODAY'S YOUTH AND YOUNG ADULTS.

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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 $1,140,476
Program Service Revenue $0
Investment Income $35,327
Other Revenue $-28,220
TOTAL REVENUE $1,147,583

Expense Breakdown

Grants Paid $1,599,339
Salaries & Benefits $242,582
Fundraising Expenses $83,696
Program Expenses $1,772,799
Other Expenses $114,539
TOTAL EXPENSES $1,956,460

Year-over-Year Comparison

2024 2023 Change
Revenue $1,147,583 $1,527,156 -0.2%
Expenses $1,956,460 $2,084,659 -0.1%
Net Income $-808,877 $-557,503 +0.5%
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
7
Independent Members
7
Employees
N/A
Volunteers
10

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
$56,503
Total Directors
11
$56,503
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRACY A WEINER EXECUTIVE DIRECTOR 35.00
Officer Director
$0 $6,503 $56,503
SHAUN BLOGG CHAIRMAN & PRESIDENT 2.00
Officer Director
$0 $0 $0
JULIE JONES SECRETARY 1.00
Officer Director
$0 $0 $0
RONALD STORCH TREASURER 1.00
Officer Director
$0 $0 $0
JEFFREY ZUDECK BOARD MEMBER - TO 3/2025 1.00
Director
$0 $0 $0
MICHAEL SACCO BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN HUGHES BOARD MEMBER - TO 3/2025 1.00
Director
$0 $0 $0
TRACY GALLAGHER BOARD MEMBER - AS OF 3/2025 1.00
Director
$0 $0 $0
DONNA MIRANDOLA BOARD MEMBER - AS OF 3/2025 1.00
Director
$0 $0 $0
ELIZABETH NEWMAN BOARD MEMBER - AS OF 3/2025 1.00
Director
$0 $0 $0
STEVEN SUBLETT BOARD MEMBER - AS OF 3/2025 1.00
Director
$0 $0 $0
KRISTEN BLANCO DIRECTOR 35.00
Highest
$0 $16,210 $128,246
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 $1,147,583 $1,956,460 $644,534 $-808,877
2024 $1,527,156 $2,084,659 $2,133,469 $-557,503
2023 $1,281,163 $665,160 $1,950,130 $616,003
2022 $1,061,749 $596,998 $1,123,634 $464,751
2021 $180,460 $55,117 $682,327 $125,343
2020 $167,046 $82,466 $575,337 $84,580
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