AB FOUNDATION (EIN 275278038) - 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

2011

Legal Domicile

Principal Officer

PATRICK DENNIS

Phone

2027472060

Tax Period

2024-01-01 to 2024-12-31

AB FOUNDATION, founded in 2011, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $74.6M in total revenue in fiscal year 2024. Revenue surged 1143% from the prior year, signaling strong growth momentum. Expenses of $70.5M left a modest 5% surplus.

Mission

SEE PART III, LINE 1.

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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 $74,574,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $74,574,500

Expense Breakdown

Grants Paid $58,045,000

Salaries & Benefits $3,799,351

Fundraising Expenses $3,132,222

Program Expenses $66,803,353

Other Expenses $5,954,686

TOTAL EXPENSES $70,499,037

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,574,500	$6,001,649	+11.4%
Expenses	$70,499,037	$8,571,260	+7.2%
Net Income	$4,075,463	$-2,569,611	-2.6%

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

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

$511,264

Total Directors

$200,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CECILE RICHARDS	CHAIR	15.00	Officer Director	$200,000	$0	$200,000
CHRIS DERI	DIRECTOR - TREASURER	1.00	Officer Director	$0	$0	$0
DAVID BENNAHUM	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL KEMPER	DIRECTOR	1.00	Director	$0	$0	$0
MARISSA MCBRIDE	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA STIEFEL	DIRECTOR	1.00	Director	$0	$0	$0
NICK STEPHENSBEGAN MAY 2024	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK DENNIS	PRESIDENT	20.00	Officer	$126,306	$6,172	$132,478
PILAR MARTINEZ	CHIEF FINANCIAL OFFICER	15.00	Officer	$178,786	$0	$178,786
TIFFIANY VAUGHN	SR. DIR OF COMMS & NAT'L PRESS	30.00	Highest	$102,857	$9,352	$112,209

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	$74,574,500	$70,499,037	$2,987,769	$4,075,463
2023	$6,001,649	$8,571,260	$843,650	$-2,569,611
2022	$20,712,901	$15,970,417	$2,407,973	$4,742,484
2021	$9,934,660	$16,108,769	$2,285,446	$-6,174,109
2020	$28,575,524	$23,204,232	$3,431,448	$5,371,292
2019	$7,700,796	$9,463,698	$1,593,842	$-1,762,902
2018	$8,313,646	$7,627,725	$1,467,079	$685,921

AB FOUNDATION