THE MIKE GELTRUDE FOUNDATION INC (EIN 204393789) - 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

2006

Legal Domicile

Principal Officer

MICHAEL D GELTRUDE

Phone

9736679100

Tax Period

2023-01-01 to 2023-12-31

THE MIKE GELTRUDE FOUNDATION INC, founded in 2006, is a small nonprofit in the Diseases & Disorders sector that reported $103K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $26K, a strong 25% operating margin.

Mission

THE CORPORATION IS FORMED FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES TO SUPPORT EDUCATION, AWARENESS, AND RESEARCH OF MALIGNANT MELANOMA AND CREATION OF EDUCATIONAL SCHOLARSHIP PROGRAMS

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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 $102,326

Program Service Revenue $0

Investment Income $1,037

Other Revenue $0

TOTAL REVENUE $103,363

Expense Breakdown

Grants Paid $35,000

Salaries & Benefits $0

Fundraising Expenses $42,387

Program Expenses $35,000

Other Expenses $42,434

TOTAL EXPENSES $77,434

Year-over-Year Comparison

	2023	2022	Change
Revenue	$103,363	$70,343	+0.5%
Expenses	$77,434	$61,163	+0.3%
Net Income	$25,929	$9,180	+1.8%

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

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 D GELTRUDE	PRES/DIRECTOR	0.50	Officer	$0	$0	$0
FRANCIS J GELTRUDE	VP/DIRECTOR	0.50	Officer	$0	$0	$0
JENNIFER SMYTH	VP/DIRECTOR	0.50	Officer	$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	$103,363	$77,434	$173,416	$25,929
2022	$70,343	$61,163	$147,487	$9,180
2021	$1,151	$25,980	$138,307	$-24,829
2020	$2,550	$1,997	$163,197	$553
2019	$71,411	$44,418	$162,644	$26,993
2018	$89,434	$73,162	$135,651	$16,272

THE MIKE GELTRUDE FOUNDATION INC