IMC CHARITABLE FOUNDATION (EIN 263082840) - 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

2008

Legal Domicile

Principal Officer

ROBERT T COTTONE

Phone

6108893600

Tax Period

2023-01-01 to 2023-12-31

IMC CHARITABLE FOUNDATION, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $208K in total revenue in fiscal year 2023. The organization ran a surplus of $59K, a strong 29% operating margin.

Mission

THE FOUNDATION'S MISSION IS TO PROVIDE GRANTS TO PUBLICLY FUNDED CHARITIES THAT PERFORM HUMANITARIAN, ENVIRONMENTAL, SCIENTIFIC, LITERARY OR EDUCATIONAL 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 $217,625

Program Service Revenue $0

Investment Income $51

Other Revenue $-9,540

TOTAL REVENUE $208,136

Expense Breakdown

Grants Paid $146,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $146,000

Other Expenses $2,650

TOTAL EXPENSES $148,650

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,136	$217,597	0.0%
Expenses	$148,650	$442,650	-0.7%
Net Income	$59,486	$-225,053	-1.3%

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
ROBERT COTTONE	TRUSTEE	2.00	Director	$0	$0	$0
ROBERT THOMSON	DIRECTOR OF FINANCE	2.00	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	$208,136	$148,650	$319,904	$59,486
2022	$217,597	$442,650	$260,418	$-225,053
2021	$235,500	$273,400	$485,471	$-37,900
2020	$226,264	$114,600	$523,371	$111,664
2019	$242,135	$57,650	$411,707	$184,485
2018	$238,535	$163,617	$227,222	$74,918

IMC CHARITABLE FOUNDATION