CHAD A JACOBS MEMORIAL FOUNDATION (EIN 272884884) - 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

KAREN JACOBS

Phone

2032472133

Tax Period

2024-01-01 to 2024-12-31

CHAD A JACOBS MEMORIAL FOUNDATION, founded in 2010, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $73K in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. Expenses of $69K left a modest 5% surplus.

Mission

THE MISSION OF THE CHAD A. JACOBS MEMORIAL FOUNDATION IS TO FUND ACADEMIC AND ATHLETIC SCHOLARSHIPS TO CHILDREN WITH FINANCIAL NEED WHO LIVE IN THE SURROUNDING 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $70,801

Program Service Revenue $0

Investment Income $17,029

Other Revenue $-15,079

TOTAL REVENUE $72,751

Expense Breakdown

Grants Paid $67,073

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $67,073

Other Expenses $2,135

TOTAL EXPENSES $69,208

Year-over-Year Comparison

	2024	2023	Change
Revenue	$72,751	$41,347	+0.8%
Expenses	$69,208	$68,444	+0.0%
Net Income	$3,543	$-27,097	-1.1%

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
KAREN JACOBS	CHAIR	10.00	Officer Director	$0	$0	$0
TOM RYAN	ASSISTANT CHAIR	1.00	Officer Director	$0	$0	$0
DON JACOBS	BOARD MEMBER	1.00	Director	$0	$0	$0
GINNY JACOBS	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT SANTARELLA	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDON FREY	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH TEKLITS	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUGLAS TINKLER	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS HARBERT	BOARD MEMBER	1.00	Director	$0	$0	$0
TAYLOR JACOBS	SECRETARY	1.00	Officer Director	$0	$0	$0
MAC JACOBS	BOARD MEMBER	1.00	Director	$0	$0	$0
LEE SAVELIFF	CO-TREASURER	1.00	Officer Director	$0	$0	$0
KATHY SANTARELLA	CO-TREASURER	1.00	Officer 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
2024	$72,751	$69,208	$461,185	$3,543
2023	$41,347	$68,444	$441,712	$-27,097
2022	$38,171	$57,193	$420,900	$-19,022
2021	$38,734	$62,349	$520,525	$-23,615
2020	$41,109	$74,491	$524,303	$-33,382
2019	$39,611	$50,752	$548,334	$-11,141
2018	$59,680	$48,623	$524,721	$11,057

CHAD A JACOBS MEMORIAL FOUNDATION