THE MICHAEL GERARD PUHARIC MEMORIAL FUND INC (EIN 223761121) - 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

2000

Legal Domicile

Principal Officer

DANA PUHARIC

Phone

7322397887

Tax Period

2024-01-01 to 2024-12-31

THE MICHAEL GERARD PUHARIC MEMORIAL FUND INC, founded in 2000, is a micro nonprofit in the Diseases & Disorders sector that reported $56K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $147K exceeded revenue, resulting in a 162% operating deficit.

Mission

THE MICHAEL GERARD PUHARIC MEMORIAL FUND, INC. IS A LOCAL 501C3 NON-PROFIT ORGANIZATION DEDICATED TO PROVIDING COMFORT AND EASING THE BURDEN FOR PARENTS CARRYING AND CARING FOR SERIOUSLY ILL NEWBORNS IN MONMOUTH AND OCEAN COUNTY NJ

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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 (2024)

Revenue Breakdown

Contributions & Grants $32,817

Program Service Revenue $0

Investment Income $23,217

Other Revenue $0

TOTAL REVENUE $56,034

Expense Breakdown

Grants Paid $104,358

Salaries & Benefits $207

Fundraising Expenses $19,261

Program Expenses $105,303

Other Expenses $42,050

TOTAL EXPENSES $146,615

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,034	$124,876	-0.6%
Expenses	$146,615	$185,959	-0.2%
Net Income	$-90,581	$-61,083	+0.5%

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
PHILLIP BRILLIANT	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE COLASUANO	DIRECTOR	1.00	Director	$0	$0	$0
ADAM PUHARIC	DIRECTOR	1.00	Director	$0	$0	$0
N/A	TREASURER	1.00	Officer	$0	$0	$0
DANA PUHARIC	CHAIRMAN	2.00	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	$56,034	$146,615	$475,005	$-90,581
2023	$124,876	$185,959	$558,409	$-61,083
2022	$99,271	$155,486	$591,984	$-56,215
2021	$164,477	$119,258	$742,844	$45,219
2020	$216,416	$139,402	$682,726	$77,014
2019	$269,713	$215,527	$621,747	$54,186
2018	$180,578	$104,943	$512,122	$75,635

THE MICHAEL GERARD PUHARIC MEMORIAL FUND INC