COMMONWEALTH CARES FUND INC (EIN 273144318) - 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

HEATHER ZACK

Phone

8002510080

Tax Period

2023-01-01 to 2023-12-31

COMMONWEALTH CARES FUND INC, founded in 2010, is a small nonprofit in the Human Services sector that reported $535K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $122K, a strong 23% operating margin.

Mission

COMMONWEALTH CARES PROVIDES CONTRIBUTIONS OF TIME, TALENT, AND FINANCIAL SUPPORT TO A WIDE RANGE OF PHILANTHROPIC EFFORTS AIMED AT RELIEVING HUMAN SUFFERING, PROMOTING SOCIAL AND ECONOMIC GROWTH, AND SUSTAINING AND PROTECTING OUR PLANET'S RESOURCES.

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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 $491,403

Program Service Revenue $0

Investment Income $43,670

Other Revenue $0

TOTAL REVENUE $535,073

Expense Breakdown

Grants Paid $396,522

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $396,522

Other Expenses $16,215

TOTAL EXPENSES $412,737

Year-over-Year Comparison

	2023	2022	Change
Revenue	$535,073	$422,824	+0.3%
Expenses	$412,737	$350,468	+0.2%
Net Income	$122,336	$72,356	+0.7%

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
WAYNE BLOOM	CHAIRMAN/BOARD MEMBER	1.00	Officer Director	$0	$0	$0
PAULA O'SHAUGHNESSY	SECRETARY/BOARD MEMBER (THROUGH OCT 2023)	0.50	Officer Director	$0	$0	$0
JONI YOUNGWIRTH	PRESIDENT/BOARD MEMBER	2.00	Officer Director	$0	$0	$0
HEATHER ZACK	TREASURER/BOARD MEMBER	0.50	Officer Director	$0	$0	$0
JESSICA FOUGERE	BOARD MEMBER	0.50	Director	$0	$0	$0
AMY PAGANO	BOARD MEMBER	0.50	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	No data	No data	No data	No data
2023	$535,073	$412,737	$1,512,766	$122,336
2022	$422,824	$350,468	$1,299,086	$72,356
2021	$804,758	$404,855	$1,360,663	$399,903
2020	$629,073	$502,173	$1,065,767	$126,900
2019	$411,835	$179,514	$1,120,717	$232,321
2018	$100,592	$218,835	$801,511	$-118,243

COMMONWEALTH CARES FUND INC