THE DR JOSEPH C MAROON FOUNDATION (EIN 251639495) - 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

2007

Legal Domicile

Principal Officer

JOSEPH C MAROON

Phone

4127653229

Tax Period

2024-01-01 to 2024-12-31

THE DR JOSEPH C MAROON FOUNDATION, founded in 2007, is a micro nonprofit in the Diseases & Disorders sector that reported $94K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $384K exceeded revenue, resulting in a 309% operating deficit.

Mission

THE ORGANIZATION PROVIDES FUNDING FOR CLINICAL RESEARCH FOR THE ADVANCEMENT IN THE AREA OF NEUROSCIENCE.

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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 $30,133

Program Service Revenue $0

Investment Income $63,637

Other Revenue $0

TOTAL REVENUE $93,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $360,796

Other Expenses $383,583

TOTAL EXPENSES $383,583

Year-over-Year Comparison

	2024	2023	Change
Revenue	$93,770	$551,360	-0.8%
Expenses	$383,583	$129,521	+2.0%
Net Income	$-289,813	$421,839	-1.7%

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

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
JOSEPH C MAROON MD	CHAIRMAN	2.00	Officer Director	$0	$0	$0
LAURA MAROON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KAREN HLAVAC	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN TUMOLO	TREASURER	1.00	Officer 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
2024	$93,770	$383,583	$750,367	$-289,813
2023	$551,360	$129,521	$1,019,568	$421,839
2022	$209,267	$116,633	$561,171	$92,634
2021	$83,033	$125,300	$566,874	$-42,267
2020	$92,049	$59,098	$582,824	$32,951
2019	$102,567	$76,187	$537,972	$26,380
2018	$62,941	$50,069	$481,700	$12,872

THE DR JOSEPH C MAROON FOUNDATION