THE NITA FOUNDATION (EIN 300212513) - 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

2003

Legal Domicile

Principal Officer

WENDY MCCORMACK

Phone

3039536800

Tax Period

2024-01-01 to 2024-12-31

THE NITA FOUNDATION, founded in 2003, is a community nonprofit in the Crime & Legal sector that reported $1.0M in total revenue in fiscal year 2024. The organization ran a surplus of $513K, a strong 50% operating margin.

Mission

TO CARRY OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE NATIONAL INSTITUTE FOR TRIAL ADVOCACY.

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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 $981,812

Program Service Revenue $0

Investment Income $34,944

Other Revenue $0

TOTAL REVENUE $1,016,756

Expense Breakdown

Grants Paid $490,315

Salaries & Benefits $0

Fundraising Expenses $13,777

Program Expenses $490,315

Other Expenses $13,777

TOTAL EXPENSES $504,092

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,016,756	$1,045,614	0.0%
Expenses	$504,092	$534,932	-0.1%
Net Income	$512,664	$510,682	+0.0%

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

$523,197

Total Directors

$68,311

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HON MARK DRUMMOND	DIRECTOR	1.00	Director	$0	$0	$46,731
MARY JO BARR	DIRECTOR	1.00	Director	$0	$0	$13,125
MICHAEL H GINSBERG	PRESIDENT	5.00	Officer Director	$0	$0	$4,000
BEN R RUBINOWITZ	DIRECTOR	1.00	Director	$0	$0	$3,150
LINWOOD C WRIGHT JR	TREASURER	5.00	Officer Director	$0	$0	$1,305
HON ANN C WILLIAMS	SECRETARY	5.00	Officer Director	$0	$0	$0
HON LEE EDMON	DIRECTOR	1.00	Director	$0	$0	$0
ZELDA B HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
EDWIN JOHN U	DIRECTOR	5.00	Director	$0	$0	$0
ANGELA VIGIL	DIRECTOR	1.00	Director	$0	$0	$0
WENDY MCCORMACK	EXECUTIVE DIRECTOR	5.00	Officer	$0	$31,546	$312,179
CASSIE FAHRNEY	ASSOC. EXECUTIVE DIRECTOR, FINANCE	5.00	Officer	$0	$24,375	$205,713

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	$1,016,756	$504,092	$11,343,024	$512,664
2023	$1,045,614	$534,932	$10,020,530	$510,682
2022	$1,611,835	$407,601	$7,837,983	$1,204,234
2021	$1,700,491	$271,262	$7,478,835	$1,429,229
2020	$319,314	$329,800	$5,505,023	$-10,486
2019	$292,676	$354,771	$5,479,220	$-62,095
2018	$395,675	$336,017	$4,816,463	$59,658

THE NITA FOUNDATION