JOSEPH R POND MEMORIAL FOUNDATION INC (EIN 271274677) - 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

2010

Legal Domicile

Principal Officer

ELIZABETH F POND

Phone

7068603307

Tax Period

2024-07-01 to 2025-06-30

JOSEPH R POND MEMORIAL FOUNDATION INC, founded in 2010, is a micro nonprofit in the Recreation & Sports sector that reported $5K in total revenue in fiscal year 2024. Revenue fell 97% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3K, a strong 72% operating margin.

Mission

THE JOSEPH R. POND MEMORIAL FOUNDATION, INC.WAS CREATED BY FAMILY AND FRIENDS OF THE LATE JOSEPH R. POND. THE ORGANIZATION'S PRIMARY PURPOSE IS THE PRODUCTION OF A BARBEQUE AND BLUEGRASS FESTIVAL TO BE HELD ONE WEEKEND ANNUALLY IN THE CSRA.

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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 $0

Program Service Revenue $4,833

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,364

TOTAL EXPENSES $1,364

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,833	$139,743	-1.0%
Expenses	$1,364	$35,156	-1.0%
Net Income	$3,469	$104,587	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETTY POND	PRESIDENT	5.00	Officer Director	$0	$0	$0
CATHERINE P VARNADORE	SECRETARY	3.00	Officer Director	$0	$0	$0
K DOUGLAS VARNADORE	TREASURER	1.00	Officer Director	$0	$0	$0
CHERI P HATTAWAY	BOARD MEMBER	1.00	Director	$0	$0	$0
WARREN WOODWARD	BOARD MEMBER	1.00	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
2025	$4,833	$1,364	$238,137	$3,469
2024	$139,743	$35,156	$234,668	$104,587
2023	$400,746	$574,505	$130,081	$-173,759
2022	$223,245	$114,190	$303,840	$109,055
2021	$235,377	$59,090	$194,785	$176,287
2020	$36,913	$137,259	$18,498	$-100,346
2019	$377,193	$366,723	$118,844	$10,470

JOSEPH R POND MEMORIAL FOUNDATION INC