THE DENIS SAVARD FOUNDATION

EIN: 272803928 501(c)(3) Human Services

OAK BROOK, IL

Total Revenue
$48
Total Expenses
$2,808
Total Assets
$11,516
Net Assets
$11,516
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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
IL
Principal Officer
RAMONA MARUS
Phone
6306529700
Tax Period
2022-01-01 to 2022-12-31

THE DENIS SAVARD FOUNDATION, founded in 2010, is a micro nonprofit in the Human Services sector that reported $48 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $3K exceeded revenue, resulting in a 5750% operating deficit.

Mission

TO RAISE FUNDS FOR DISTRIBUTION TO OTHER CHARITABLE ORGANIZATIONS THAT BENEFIT THE CHICAGOLAND COMMUNITY

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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 (2022)

Revenue Breakdown

Contributions & Grants $48
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $48

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $2,808
TOTAL EXPENSES $2,808

Year-over-Year Comparison

2022 2021 Change
Revenue $48 $15,397 -1.0%
Expenses $2,808 $4,620 -0.4%
Net Income $-2,760 $10,777 -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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENIS J SAVARD PRESIDENT 2.00
Officer
$0 $0 $0
RAMONA T MARUS SECRETARY 2.00
Officer
$0 $0 $0
JOSEPH N CASCIATO TREASURER 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
2022 $48 $2,808 $11,516 $-2,760
2021 $15,397 $4,620 $14,277 $10,777
2020 $10,000 $10,417 $3,500 $-417
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