READING, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
TO PERPETUATE THE MEMORY OF WILLIAM (MAC) MCCORMICK, FOUNDER OF THE OLIVET BOYS CLUBS AND FURTHER TO ACCEPT GIFTS, BEQUESTS, LEGACIES AND DEVISES AND TO HOLD AND MANAGE, THE SAME PURSUANT TO THE PROVISIONS OF THE BY-LAWS OF THE FOUNDATION, AND UNDER THE AUTHORITY OF THE BOARD OF TRUSTEES, AND FURTHER TO AID, BENEFIT, CARE FOR, MAINTAIN, PROTECT, EDUCATE, SUPPORT AND PROVIDE CHARACTER DEVELOPMENT, PHYSICAL TRAINING, AND RECREATIONAL FACILITIES FOR SUCH WORTH-WHILE YOUTHS, WHO ARE MEMBERS OF THE OLIVET BOYS & GIRLS CLUB OF READING AND BERKS COUNTY, PENNSYLVANIA OR ANY SUCCESSOR THEREOF, AS IN THE OPINION OF THE BOARD OF TRUSTEES SHALL BE DESERVING OF ASSISTANCE THROUGH WHATEVER MEANS AS SAID TRUSTEES SHALL DEEM ADVISABLE.
PROVIDING SUPPORT TO THE OLIVET BOYS & GIRLS CLUB TO CARRY OUT THEIR MISSION OF ENABLING ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS HEALTHY, PRODUCTIVE...
PROVIDING SUPPORT TO THE OLIVET BOYS & GIRLS CLUB TO CARRY OUT THEIR MISSION OF ENABLING ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS HEALTHY, PRODUCTIVE, CARING, RESPONSIBLE CITIZENS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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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