AMIB ENDOWMENT FUND 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

1985

Legal Domicile

Principal Officer

JERRY J PEREZ CPA

Phone

7324583422

Tax Period

2023-01-01 to 2023-12-31

AMIB ENDOWMENT FUND INC, founded in 1985, is a small nonprofit that reported $381K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $177K, a strong 47% operating margin.

Mission

TO PROVIDE FINANCIAL RESOURCES TO ORGANIZATION PROVIDING GROUP HOME SUPPORT FOR INDIVIDUALS HAVING A VISUAL IMPAIRMENT AND DEVELOPMENTAL DISABILITY. AMIB INC. OPERATES 16 GROUP HOMES SERVING 74 INDIVIDUALS, 5 OF THOSE PROGRAMS ALSO PROVIDE DAY SERVICE PROGRAMMING TO 12 INDIVIDUALS, AND IN HOME RESPITE SERVICES AND REPRESENTATIVE PAYEE FINANCIAL SERVICES TO ELIGIBLE INDIVIDUALS.

Program Service Accomplishments

Program 1

Expenses: $175,000

TO PROVIDE FINANCIAL RESOURCES TO ORGANIZATION PROVIDING GROUP HOME SUPPORT FOR THE MULTIPLE IMPAIRED BLIND. A TOTAL OF 74 PEOPLE WERE BENEFITTED.

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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 $53,320

Program Service Revenue $0

Investment Income $326,486

Other Revenue $970

TOTAL REVENUE $380,776

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $175,000

Other Expenses $203,679

TOTAL EXPENSES $203,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$380,776	$298,876	+0.3%
Expenses	$203,679	$202,688	+0.0%
Net Income	$177,097	$96,188	+0.8%

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
JERRY J PEREZ CPA	PRESIDENT	2.00	Officer	$0	$0	$0
MELISSA A TERRANOVA ESQ	SECRETARY	1.00	Officer	$0	$0	$0
EDWARD M GILLESPIE	TREASURER	2.00	Officer	$0	$0	$0
KENNETH J CARSON JR	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL K CARSON	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT PEARSON	TRUSTEE	1.00	Director	$0	$0	$0
BEVERLEY PARRY	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES PAOLINO	FORMER SECRE	1.00	Officer	$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	$380,776	$203,679	$7,374,931	$177,097
2022	$298,876	$202,688	$6,728,663	$96,188
2021	$333,295	$199,252	$7,734,359	$134,043
2020	$263,144	$177,919	$6,659,407	$85,225
2019	$270,928	$182,768	$6,277,637	$88,160
2018	$342,472	$187,019	$5,274,865	$155,453