THE KORTNEY ROSE 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

2006

Legal Domicile

Principal Officer

KRISTEN GILLETTE

Phone

7322221491

Tax Period

2021-01-01 to 2021-12-31

THE KORTNEY ROSE FOUNDATION INC, founded in 2006, is a small nonprofit that reported $167K in total revenue in fiscal year 2021. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $276K exceeded revenue, resulting in a 65% operating deficit.

Mission

THE MISSION OF THE KORTNEY ROSE FOUNDATION IS TO ERADICATE PEDIATRIC BRAIN TUMORS BY FUNDING THE WORLD'S MOST PROMISING, COLLABORATIVE RESEARCH

Program Service Accomplishments

Program 1

Expenses: $219,019

TO RAISE FUNDS TO SUPPORT RESEARCH AND EDUCATION RELATED TO THE TREATMENT AND CURE OF PEDIATRIC BRAIN TUMORS

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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 (2021)

Revenue Breakdown

Contributions & Grants $116,012

Program Service Revenue $0

Investment Income $22

Other Revenue $50,846

TOTAL REVENUE $166,880

Expense Breakdown

Grants Paid $209,500

Salaries & Benefits $52,757

Fundraising Expenses $30,007

Program Expenses $219,019

Other Expenses $13,905

TOTAL EXPENSES $276,162

Year-over-Year Comparison

	2021	2020	Change
Revenue	$166,880	$245,278	-0.3%
Expenses	$276,162	$153,580	+0.8%
Net Income	$-109,282	$91,698	-2.2%

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

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

$37,231

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER MCQUAID	PRESIDENT	5.00	Officer	$0	$0	$0
JOCELYN RINEER	VICE PRESIDE	5.00	Officer	$0	$0	$0
MICHAEL RESCINIO	TREASURER	5.00	Officer	$0	$0	$0
JENNIFER CHALADOFF	SECRETARY	5.00	Officer	$0	$0	$0
KRISTEN GILLETTE	EXECUTIVE DI	40.00	Director	$37,231	$0	$37,231
MELISSA BEUTHER	TRUSTEE	5.00	Director	$0	$0	$0
WENDY BONELLO	TRUSTEE	5.00	Director	$0	$0	$0
JOANNE FINK	TRUSTEE	5.00	Director	$0	$0	$0
RICHARD GILLETTE	TRUSTEE	5.00	Director	$0	$0	$0
KATHRYN HEALY	TRUSTEE	5.00	Director	$0	$0	$0
THERESA MCLEAN	BD MEM EMERI	5.00	Director	$0	$0	$0
EDDIE OELS	TRUSTEE	5.00	Director	$0	$0	$0
NANCY PHILLIPS	BD MEM EMERI	5.00	Director	$0	$0	$0
SUSAN TORCHIA	TRUSTEE	5.00	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
2021	$166,880	$276,162	No data	$-109,282
2020	$245,278	$153,580	$109,282	$91,698
2019	$235,798	$245,280	$17,584	$-9,482
2018	$226,430	$222,865	$27,066	$3,565