The Will Group Foundation Inc (EIN 300012378) - 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

2001

Legal Domicile

Phone

2402367139

Tax Period

2023-01-01 to 2023-12-31

The Will Group Foundation Inc, founded in 2001, is a micro nonprofit in the Education sector that reported $97K in total revenue in fiscal year 2023. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $30K, a strong 31% operating margin.

Mission

The Will Group Foundation's mission is to foster donor legacy by responsibly giving to organizations that support community needs, with preference given to Frederick County (MD) and the surrounding area.

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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 $55,195

Program Service Revenue $0

Investment Income $41,749

Other Revenue $0

TOTAL REVENUE $96,944

Expense Breakdown

Grants Paid $66,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $66,000

Other Expenses $686

TOTAL EXPENSES $66,686

Year-over-Year Comparison

	2023	2022	Change
Revenue	$96,944	$50,275	+0.9%
Expenses	$66,686	$69,578	0.0%
Net Income	$30,258	$-19,303	-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

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
Beth Strakonsky	Secretary	1.00	Officer Director	$0	$0	$0
Charles Remus II	President	2.00	Officer Director	$0	$0	$0
Cynthia Palmer	Treasurer	1.00	Officer Director	$0	$0	$0
Kimberly Chaney	Vice President	1.00	Officer Director	$0	$0	$0
Jill Lizzi	Director	1.00	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
2023	$96,944	$66,686	$900,680	$30,258
2022	$50,275	$69,578	$761,685	$-19,303
2021	$67,864	$44,095	$990,328	$23,769
2020	$154,039	$40,518	$900,411	$113,521
2019	$60,585	$1,022	$786,890	$59,563
2018	$727,421	$801	$727,327	$726,620

The Will Group Foundation Inc