MOUNT CARMEL ENDOWMENT FUND INC (EIN 237325562) - 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

1957

Legal Domicile

Principal Officer

Douglas F Mann

Phone

4147711270

Tax Period

2023-01-01 to 2023-12-31

MOUNT CARMEL ENDOWMENT FUND INC, founded in 1957, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $14K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $12K left a modest 12% surplus.

Mission

Fund management for the benefit of Mount Carmel Lutheran Church and its activities

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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 $273

Program Service Revenue $0

Investment Income $13,330

Other Revenue $0

TOTAL REVENUE $13,603

Expense Breakdown

Grants Paid $11,900

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,925

Other Expenses $25

TOTAL EXPENSES $11,925

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,603	$27,025	-0.5%
Expenses	$11,925	$12,013	0.0%
Net Income	$1,678	$15,012	-0.9%

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

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
Susan Bellehumeur	Director	0.25	Director	$0	$0	$0
Darlene Behr	Director	0.25	Director	$0	$0	$0
Kathleen Beale	Director	0.25	Director	$0	$0	$0
Douglas Mann	President	0.25	Officer	$0	$0	$0
Todd Laszewski	Vice President	0.25	Officer	$0	$0	$0
Kay Austermann	Secretary	0.5	Officer	$0	$0	$0
Sloan Watson	Treasurer	0.75	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	No data	No data	No data	No data
2023	$13,603	$11,925	$616,733	$1,678
2022	$27,025	$12,013	$585,128	$15,012
2021	$40,854	$10,940	$625,872	$29,914
2020	$21,401	$6,035	$574,175	$15,366

MOUNT CARMEL ENDOWMENT FUND INC