National Committee to Preserve Social Security & Medicare Foundation

EIN: 208742654 501(c)(3) Philanthropy & Grantmaking

Washington, DC

Total Revenue
$15,291
Total Expenses
$2,918
Total Assets
$14,251
Net Assets
$14,251
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
DC
Principal Officer
MAX RICHTMAN
Phone
2022160420
Tax Period
2018-04-01 to 2019-03-31

National Committee to Preserve Social Security & Medicare Foundation, founded in 2006, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $15K in total revenue in fiscal year 2018. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12K, a strong 81% operating margin.

Mission

OUR MISSION IS TO PROTECT, PROMOTE, AND ENSURE THE FINANCIAL SECURITY, HEALTH, AND WELL BEING OF CURRENT AND FUTURE GENERATIONS OF AMERICANS THROUGH RESEARCH, ANALYSIS, AND PUBLIC EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

The National Committee to Preserve Social Security and Medicare Foundation completed the funded project from the Retirement Research Foundation that examines the social and economic impact of Social...

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The National Committee to Preserve Social Security and Medicare Foundation completed the funded project from the Retirement Research Foundation that examines the social and economic impact of Social Security as well as an analysis of the impact of raising the Medicare eligibility age from 65 to 67. Based on our project findings we launched and maintain our interactive project website, SocialSecuritySpotlight.org. It provides easily accessible tools that highlight Social Securitys valuable economic stimulus impact in every state and community nationwide. It also contains basic demographic data on Social Security at multiple geographic levels including federal, state, congressional district and county. The launch was accompanied by a press release issued by the National Committee that was widely disseminated to the mainstream and social media. It was also disseminated to dozens of advocacy organizations, to members of Congress, and the results were presented at professional meetings. We completed our analysis of the impact of raising Medicares eligibility age from 65 to 67 and posted our study findings on the Spotlight website. Currently, the National Committee to Preserve Social Security and Medicare Foundation is assisting its supporting organization, the National Committee to Preserve Social Security and Medicare, in funding the "Delay and Gain" education project which first launched in December 2017. Beginning April 8, 2019, the project expanded its outreach in five target markets as part of an effort to encourage near-retirees to gain more money by delaying their claim for Social Security benefits. The markets are Baltimore MD, Davenport IA, Pittsburg PA, Louisville KY and Detroit MI. These markets were selected mainly due to their large and diverse employer bases and their strong radio rankings for 55+ demographic. We hope to expand this project based on the results we achieve in these areas.

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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 (2018)

Revenue Breakdown

Contributions & Grants $15,291
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $15,291

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $2,918
TOTAL EXPENSES $2,918

Year-over-Year Comparison

2018 2017 Change
Revenue $15,291 $11,734 +0.3%
Expenses $2,918 $7,884 -0.6%
Net Income $12,373 $3,850 +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

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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
4

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
$408,086
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Catherine J Dodd PhD RN Chair 2.0
Officer Director
$0 $0 $0
Ariadna Gutierrez Arambula Secretary/Treasurer 2.0
Officer Director
$0 $0 $0
Terry O'Neill Director 2.0
Officer Director
$0 $0 $0
William K Vaughan Director 2.0
Director
$0 $0 $0
Max I Richtman President & CEO 2.5
Officer
$0 $36,456 $408,086
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
2019 $15,291 $2,918 $14,251 $12,373
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