ZACH JOHNSON FOUNDATION

EIN: 272683100 501(c)(3) Philanthropy & Grantmaking

CEDAR RAPIDS, IA

Total Revenue
$1,964,253
Total Expenses
$2,042,657
Total Assets
$4,444,763
Net Assets
$4,173,052
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IA
Principal Officer
BRENT COBB
Phone
3197303734
Tax Period
2024-01-01 to 2024-12-31

ZACH JOHNSON FOUNDATION, founded in 2010, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.0M in total revenue in fiscal year 2024. Net assets of $4.2M represent 25 months of operating reserves.

Mission

THE FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO HELPING CHILDREN AND THEIR FAMILIES IN CEDAR RAPIDS, IOWA LEAD HAPPY, HEALTHY LIVES. THE FOUNDATION ACHIEVES THESE GOALS BY IMPROVING QUALITY OF LIFE, EDUCATION AND WELL-BEING THROUGH A NUMBER OF DIFFERENT FUNDRAISING AND AWARENESS INITIATIVES. THE FOUNDATION COORDINATES AND SPONSORS PROGRAMS WHICH FOCUS ON HELPING THE ACADEMIC ACHIEVEMENT OF CHILDREN FROM LOW-INCOME FAMILIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,762,569
Program Service Revenue $0
Investment Income $147,093
Other Revenue $54,591
TOTAL REVENUE $1,964,253

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,041,892
Fundraising Expenses $37,430
Program Expenses $1,466,873
Other Expenses $1,000,765
TOTAL EXPENSES $2,042,657

Year-over-Year Comparison

2024 2023 Change
Revenue $1,964,253 $1,890,130 +0.0%
Expenses $2,042,657 $1,660,649 +0.2%
Net Income $-78,404 $229,481 -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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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
56
Volunteers
175

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
6
$208,532
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK S BAIRD TREASURER 5.00
Officer Director
$0 $0 $0
SARIKA BHAKTA DIRECTOR 3.00
Director
$0 $0 $0
ANDY BOSMAN DIRECTOR 1.00
Director
$0 $0 $0
BRAD BUFFONI DIRECTOR 1.00
Director
$0 $0 $0
ERIC CHRISTENSON EXECUTIVE DI 40.00
Officer
$125,000 $0 $125,000
BRENT COBB CHAIRMAN 8.00
Officer Director
$0 $0 $0
JASON EDWARDS DIRECTOR 3.00
Director
$0 $0 $0
KATIE GOLOBIC DIRECTOR 1.00
Director
$0 $0 $0
KIM JOHNSON VICE PRESIDE 1.00
Officer Director
$0 $0 $0
ZACH JOHNSON PRESIDENT 1.00
Officer Director
$0 $0 $0
BENJAMIN WADSLEY DIRECTOR 7.00
Director
$0 $0 $0
DANIELLE CONGLETON DIR. OF OPS 40.00
Officer
$62,151 $21,381 $83,532
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 $1,964,253 $2,042,657 $4,444,763 $-78,404
2023 $1,890,130 $1,660,649 $4,392,650 $229,481
2022 $2,019,496 $1,745,450 $3,662,299 $274,046
2021 $2,163,104 $1,632,282 $3,941,676 $530,822
2020 $2,089,382 $1,707,899 $3,353,199 $381,483
2019 $1,885,250 $1,966,810 $3,013,012 $-81,560
2018 $1,990,826 $1,540,248 $3,128,908 $450,578
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