THE MILLHILL FOUNDATION INC

🔒

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

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

STEVEN ROSEN

Phone

6099897333

Tax Period

2024-08-01 to 2025-07-31

THE MILLHILL FOUNDATION INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $327K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $134K, a strong 41% operating margin.

Mission

The Millhill Foundation is dedicated to the development of partnerships with families to support their efforts toward fulfilling their unique potential. The corporation accomplishes its goals through the support of programs directed at early care and education, teenagers and young adults and therapeutic support for families.

Program Service Accomplishments

Program 1

Expenses: $114,562 Revenue: $243,333

Expenses of buildings rented to an affiliated non-profit for early childhood, family support and youth engagement.

Program 2

Expenses: $25,000

A grant was awarded for $25,000 for Therapeutic Intervention.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $41,129

Program Service Revenue $243,333

Investment Income $39,832

Other Revenue $3,200

TOTAL REVENUE $327,494

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $15,961

Program Expenses $139,562

Other Expenses $168,275

TOTAL EXPENSES $193,275

Year-over-Year Comparison

	2024	2023	Change
Revenue	$327,494	$656,318	-0.5%
Expenses	$193,275	$515,389	-0.6%
Net Income	$134,219	$140,929	0.0%

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

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

$334,478

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN ROSEN	PRESIDENT	3.00	Officer Director	$0	$0	$0
AUGUST LEMING PHD	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
STEPHEN GALLETO	SECRETARY	3.00	Officer Director	$0	$0	$0
RICHARD COYNE CPA	TREASURER	3.00	Officer Director	$0	$0	$0
JOHN CASSIMATIS	TRUSTEE	3.00	Director	$0	$0	$0
SERGIO IACOVITTI	TRUSTEE	3.00	Director	$0	$0	$0
JONATHAN LEVY	TRUSTEE	3.00	Director	$0	$0	$0
ALLEN M SILK ESQ	TRUSTEE	3.00	Director	$0	$0	$0
ANNE SKALKA CPA	TRUSTEE	3.00	Director	$0	$0	$0
CYNTHIA OBERKOFLER	CHIEF FINANCIAL OFFICER	6.00	Officer	$0	$11,332	$162,030
JIGNA RAO	CHIEF EXECUTIVE OFFICER	4.00	Officer	$0	$11,764	$172,448

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
2025	$327,494	$193,275	$2,262,242	$134,219
2024	$656,318	$515,389	$2,217,366	$140,929
2023	$700,449	$912,884	$2,165,619	$-212,435
2022	$870,124	$646,459	$2,332,481	$223,665
2021	$657,109	$516,826	$2,176,479	$140,283
2020	$820,755	$601,931	$2,019,650	$218,824
2019	$682,909	$495,304	$1,723,338	$187,605
2018	$630,848	$389,767	$1,561,217	$241,081