Vitalant Foundation (EIN 251562715) - 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

1987

Legal Domicile

Phone

4806755600

Tax Period

2024-01-01 to 2024-12-31

Vitalant Foundation, founded in 1987, is a community nonprofit in the Health Care sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 286% from the prior year, signaling strong growth momentum. Expenses of $4.6M exceeded revenue, resulting in a 21% operating deficit.

Mission

VITALANT FOUNDATION SECURES AND STEWARDS CHARITABLE GIFTS TO SUPPORT VITALANT'S MISSION TO UNITE BLOOD AND BIOLOGICS DONORS, TALENT AND INNOVATION TO SAVE AND IMPROVE LIVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,091,251

Program Service Revenue $0

Investment Income $2,667,084

Other Revenue $0

TOTAL REVENUE $3,758,335

Expense Breakdown

Grants Paid $2,986,674

Salaries & Benefits $0

Fundraising Expenses $589,859

Program Expenses $2,986,674

Other Expenses $1,566,253

TOTAL EXPENSES $4,552,927

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,758,335	$974,553	+2.9%
Expenses	$4,552,927	$16,082,236	-0.7%
Net Income	$-794,592	$-15,107,683	-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

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

$2,226,621

Total Directors

$82,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER OXENDALE	DIRECTOR & CHAIR (THRU 12/24)	1.0	Officer Director	$0	$0	$0
CHARLES BRACKEN	DIRECTOR	1.0	Director	$0	$0	$0
GORDON SMITH	DIRECTOR	1.0	Director	$0	$0	$0
JAMES COVERT	DIRECTOR	1.0	Director	$0	$0	$0
JAMES T SCHRAITH	DIRECTOR	1.0	Director	$0	$0	$41,500
JUDY MURTHA	DIRECTOR (THRU 04/24)	1.0	Director	$0	$0	$0
NANCY ANGUS	DIRECTOR (THRU 04/24)	1.0	Director	$0	$0	$0
ROBERT OSTROWSKI	DIRECTOR (THRU 04/24)	1.0	Director	$0	$0	$0
RUSS YORK	DIRECTOR	1.0	Director	$0	$0	$0
SUNNY P CHICO	DIRECTOR	1.0	Director	$0	$0	$40,750
BHAVI SHAH	SECRETARY & GENERAL COUNSEL	1.0	Officer	$0	$71,034	$802,757
JENNIFER BOUGHNER	INTERIM PRESIDENT (02/24 - 08/24)	40.0	Officer	$0	$16,979	$162,077
KATIE COBB	PRESIDENT (AS OF 08/24)	40.0	Officer	$0	$7,529	$132,183
MARK GIAQUINTO	PRESIDENT & TREASURER (THRU 02/24)	40.0	Officer	$0	$8,854	$372,293
MAUREEN MUSSELMAN	CHIEF FINANCIAL OFFICER	1.0	Officer	$0	$51,492	$757,311

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	$3,758,335	$4,552,927	$38,859,957	$-794,592
2023	$974,553	$16,082,236	$35,807,176	$-15,107,683
2022	$2,829,576	$5,669,368	$45,366,321	$-2,839,792
2021	$2,135,841	$1,810,394	$54,733,900	$325,447
2021	$2,346,202	$4,025,186	$55,025,444	$-1,678,984
2020	$1,264,684	$4,096,990	$48,700,470	$-2,832,306
2019	$2,213,472	$3,091,700	$51,561,752	$-878,228

Vitalant Foundation