ADP FOUNDATION (EIN 222222589) - 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

1978

Legal Domicile

Principal Officer

TIFFANY DAVIS

Phone

9739743017

Tax Period

2023-01-01 to 2023-12-31

ADP FOUNDATION, founded in 1978, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $18.6M in total revenue in fiscal year 2023. Expenses of $15.9M left a modest 15% surplus.

Mission

THE ADP FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT RECEIVES AND ADMINISTERS FUNDS TO BE DISBURSED OR DONATED TO OTHER SECTION 501(C)(3)CHARITABLE ORGANIZATIONS IN THE UNITED STATES.

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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 $17,374,597

Program Service Revenue $0

Investment Income $1,217,851

Other Revenue $0

TOTAL REVENUE $18,592,448

Expense Breakdown

Grants Paid $15,539,973

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,666,709

Other Expenses $321,580

TOTAL EXPENSES $15,861,553

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,592,448	$17,219,858	+0.1%
Expenses	$15,861,553	$17,727,000	-0.1%
Net Income	$2,730,895	$-507,142	-6.4%

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

N/A

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
MARGARET FERRERO	TRUSTEE	2.00	Officer Director	$0	$0	$0
MARIA BLACK	TRUSTEE	2.00	Officer Director	$0	$0	$0
PAUL BOLAND	TRUSTEE	2.00	Officer Director	$0	$0	$0
TIFFANY DAVIS	TRUSTEE	2.00	Officer Director	$0	$0	$0
BOB LOCKETT	TRUSTEE (OUTGOING AS OF 3/24/2023)	2.00	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	$18,592,448	$15,861,553	$26,295,795	$2,730,895
2022	$17,219,858	$17,727,000	$24,442,861	$-507,142
2021	$20,725,290	$12,496,142	$23,560,078	$8,229,148
2020	$14,276,917	$16,741,136	$17,930,540	$-2,464,219
2019	$12,363,349	$12,121,397	$19,002,018	$241,952
2018	$15,747,293	$12,805,712	$17,834,577	$2,941,581

ADP FOUNDATION