WILLIAM MAC MCCORMICK MEMORIAL FOUNDATION

EIN: 232043899 501(c)(3)

READING, PA

Total Revenue
$105,523
Total Expenses
$12,157
Total Assets
$1,978,919
Net Assets
$1,942,350
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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
1977
Legal Domicile
PA
Principal Officer
CHRIS WINTERS
Phone
6103731314
Tax Period
2019-01-01 to 2019-12-31

WILLIAM MAC MCCORMICK MEMORIAL FOUNDATION, founded in 1977, is a small nonprofit that reported $106K in total revenue in fiscal year 2019. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $93K, a strong 88% operating margin.

Mission

TO SUPPORT THE MISSION OF OLIVET BOYS & GIRLS CLUB OF READING & BERKS COUNTY, PA

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $483
Program Service Revenue $0
Investment Income $105,040
Other Revenue $0
TOTAL REVENUE $105,523

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $12,157
Other Expenses $12,157
TOTAL EXPENSES $12,157

Year-over-Year Comparison

2019 2018 Change
Revenue $105,523 $76,870 +0.4%
Expenses $12,157 $20,298 -0.4%
Net Income $93,366 $56,572 +0.7%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
2
$61,759
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW WEIDMAN CHAIR 1.00
Officer Director
$0 $0 $0
JOHN MASSARO BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE MIZAK BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH MOONEY BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS WINTERS PRESIDENT/CEO AS OF JUNE 1.00
Officer
$0 $0 $61,759
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
2019 $105,523 $12,157 $1,978,919 $93,366
2018 $76,870 $20,298 $1,602,652 $56,572
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