TULLY HILL FOUNDATION

EIN: 223206976 501(c)(3)

Tully, NY

Total Revenue
$173,413
Total Expenses
$431,704
Total Assets
$359,766
Net Assets
$359,766
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NY
Principal Officer
Cathy L Palm
Phone
3156966114
Tax Period
2023-01-01 to 2023-12-31

TULLY HILL FOUNDATION, founded in 1992, is a small nonprofit that reported $173K in total revenue in fiscal year 2023. Revenue surged 318% from the prior year, signaling strong growth momentum. Expenses of $432K exceeded revenue, resulting in a 149% operating deficit.

Mission

To raise funds exclusively for the Tully Hill Corporation.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $113,839
Program Service Revenue $0
Investment Income $59,574
Other Revenue $0
TOTAL REVENUE $173,413

Expense Breakdown

Grants Paid $429,734
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $429,734
Other Expenses $1,970
TOTAL EXPENSES $431,704

Year-over-Year Comparison

2023 2022 Change
Revenue $173,413 $41,469 +3.2%
Expenses $431,704 $77,009 +4.6%
Net Income $-258,291 $-35,540 +6.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
2
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
1
$214,142
Total Directors
3
$214,142
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cathy L Palm Vice Chairman and Secretary 5
Officer Director
$0 $0 $214,142
Robert Ford Chairman of the Board of Directors 1
Director
$0 $0 $0
Barbara Rosenfeld Treasurer 1
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 $173,413 $431,704 $359,766 $-258,291
2022 $41,469 $77,009 $618,057 $-35,540
2021 $177,695 $6,140 $653,597 $171,555
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare TULLY HILL FOUNDATION with other nonprofits in New York and across the country.