COMMONWEALTH FOUNDATION INC (EIN 222543558) - 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

1987

Legal Domicile

Principal Officer

RICHARD HEALEY

Phone

6178036041

Tax Period

2023-01-01 to 2023-12-31

COMMONWEALTH FOUNDATION INC, founded in 1987, is a small nonprofit in the Unknown sector that reported $754K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $914K exceeded revenue, resulting in a 21% operating deficit.

Mission

RESEARCH AND EDUCATION ABOUT PUBLIC POLICY ISSUES

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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 $683,515

Program Service Revenue $0

Investment Income $0

Other Revenue $70,025

TOTAL REVENUE $753,540

Expense Breakdown

Grants Paid $429,843

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $861,206

Other Expenses $484,202

TOTAL EXPENSES $914,045

Year-over-Year Comparison

	2023	2022	Change
Revenue	$753,540	$908,134	-0.2%
Expenses	$914,045	$925,887	0.0%
Net Income	$-160,505	$-17,753	+8.0%

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

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
RICHARD HEALEY	CHAIR	1.00	Officer Director	$0	$0	$0
CHARLENE SINCLAIR	DIRECTOR	0.50	Director	$0	$0	$0
AARON TANAKA	SECRETARY	0.50	Officer Director	$0	$0	$0
JONATHAN SMUCKER	DIRECTOR	0.50	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	$753,540	$914,045	$343,555	$-160,505
2022	$858,134	$925,887	$471,285	$-67,753
2021	$1,461,130	$1,400,052	$489,537	$61,078
2020	$2,463,339	$2,139,354	$428,459	$323,985
2019	$318,317	$521,631	$104,473	$-203,314
2018	$717,916	$618,187	$307,111	$99,729

COMMONWEALTH FOUNDATION INC