Columbian Foundation (EIN 221989868) - 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

1941

Legal Domicile

Principal Officer

Anthony Iuso

Phone

9083064259

Tax Period

2023-01-01 to 2023-12-31

Columbian Foundation, founded in 1941, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $134K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $56K, a strong 42% operating margin.

Mission

The organization is dedicated to improving the cultural, educational, and social welfare of New Jersey citizens and institutions with emphasis on Italian culture and heritage. This is accomplished primarily through fundraising to provide educational scholarship grants and other supporting grants to charities focusing on those needs.

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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 $17,152

Program Service Revenue $0

Investment Income $130,120

Other Revenue $-13,658

TOTAL REVENUE $133,614

Expense Breakdown

Grants Paid $33,800

Salaries & Benefits $0

Fundraising Expenses $5,674

Program Expenses $49,980

Other Expenses $43,314

TOTAL EXPENSES $77,114

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,614	$84,691	+0.6%
Expenses	$77,114	$130,728	-0.4%
Net Income	$56,500	$-46,037	-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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Livio Cioffi	President	3.00	Officer Director	$0	$0	$0
Anthony Iacullo Esq	First Vice President	3.00	Officer Director	$0	$0	$0
Anthony Iuso	Treasurer	6.00	Officer Director	$0	$0	$0
Mark R Guarino	Secretary	3.00	Officer Director	$0	$0	$0
Michael V Calabro Esq	Chairman of the Board	3.00	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
2024	No data	No data	No data	No data
2023	$133,614	$77,114	$1,416,574	$56,500
2022	$84,691	$130,728	$1,271,705	$-46,037
2021	$51,367	$67,348	$1,518,364	$-15,981
2020	$42,600	$77,420	$1,296,508	$-34,820
2019	$98,835	$107,160	$1,298,240	$-8,325
2018	$114,981	$44,803	$1,184,119	$70,178

Columbian Foundation