THE GROFF FAMILY MEMORIAL TRUST (EIN 236807121) - 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

1985

Legal Domicile

Principal Officer

KENNETH J WEISS MD

Phone

2158867551

Tax Period

2023-01-01 to 2023-12-31

THE GROFF FAMILY MEMORIAL TRUST, founded in 1985, is a micro nonprofit that reported $70K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Net assets of $722K represent 124 months of operating reserves.

Mission

PROVIDES FUNDS TO THE COLLEGE OF PHYSICIANS OF PHILADELPHIA (SUPPORTING ORGANIZATION)

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $69,777

Other Revenue $0

TOTAL REVENUE $69,777

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,000

Other Expenses $13,497

TOTAL EXPENSES $73,497

Year-over-Year Comparison

	2023	2022	Change
Revenue	$69,777	$55,940	+0.2%
Expenses	$73,497	$76,205	0.0%
Net Income	$-3,720	$-20,265	-0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ROBERT V DESILVERIO MD	TRUSTEE	Officer Director	$0	$0	$0
JANICE GOPLERUD	TRUSTEE	Officer Director	$0	$0	$0
RHONDA L SORICELLI MD	TRUSTEE	Director	$0	$0	$0
KENNETH J WEISS MD	TRUSTEE	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$69,777	$73,497	$721,660	$-3,720
2022	$55,940	$76,205	$743,469	$-20,265
2021	$56,586	$83,658	$757,803	$-27,072
2020	$63,881	$76,435	$784,875	$-12,554
2019	$78,130	$77,936	$797,429	$194
2018	$35,044	$77,339	$797,235	$-42,295

THE GROFF FAMILY MEMORIAL TRUST