JOHN BORBONUS MEMORIAL FOUNDATION INC (EIN 260152973) - 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

GERHARD BORBONUS

Phone

2083755262

Tax Period

2020-01-01 to 2020-12-31

JOHN BORBONUS MEMORIAL FOUNDATION INC, founded in 2007, is a micro nonprofit in the Education sector that reported $13K in total revenue in fiscal year 2020. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $40K exceeded revenue, resulting in a 220% operating deficit.

Mission

TO PROVIDE AND PROMOTE EDUCATIONAL PROGRAMS FOR YOUNG PEOPLE INVOLVED IN THE GAME OF GOLF WITH FUNDS GENERATED FOR SUCH PURPOSES THROUGH CHARITABLE MEANS TO THE EXTEND SUCH ACTIVITIES CONSTITUTE EXEMPT PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED FROM TIME TO TIME; AND TO PROVIDE AND PROMOTE THE ENDUCATION AND HEALTH OF VETERANS WOUNDED IN THE IRAQ CONFLICT WITH FUNDS GENERATED FOR SUCH PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986.

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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 (2020)

Revenue Breakdown

Contributions & Grants $12,577

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,577

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,000

Other Expenses $40,185

TOTAL EXPENSES $40,185

Year-over-Year Comparison

	2020	2019	Change
Revenue	$12,577	$34,289	-0.6%
Expenses	$40,185	$38,119	+0.1%
Net Income	$-27,608	$-3,830	+6.2%

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
GERHARD BORBONUS	PRESIDENT	5.00	Officer Director	$0	$0	$0
CORDELL CHIGBROW	VP / SECRETA	4.00	Officer Director	$0	$0	$0
ROYCE CHIGBROW	TREASURER	4.00	Officer Director	$0	$0	$0
TERRY COOK	PAST DIRECTO	5.00	Director	$0	$0	$0
RICHARD M PHILLIPS	PAST DIRECTO	0.00	Director	$0	$0	$0
GEORGE TOTORICA	PAST DIRECTO	5.00	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
2020	$12,577	$40,185	$14,511	$-27,608
2020	$24,045,198	$40,185	$24,047,132	$24,005,013

JOHN BORBONUS MEMORIAL FOUNDATION INC