COMMUNITY FOUNDATION OF ELKHART COUNTY INC (EIN 311255886) - 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

1988

Legal Domicile

Principal Officer

PETER MCCOWN

Phone

5742958761

Tax Period

2024-07-01 to 2025-06-30

COMMUNITY FOUNDATION OF ELKHART COUNTY INC, founded in 1988, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $51.3M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $7.9M, a strong 15% operating margin.

Mission

TO IMPROVE THE QUALITY OF LIFE IN ELKHART COUNTY BY INSPIRING GENEROSITY

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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 $26,430,931

Program Service Revenue $39,190

Investment Income $24,801,951

Other Revenue $22,927

TOTAL REVENUE $51,294,999

Expense Breakdown

Grants Paid $37,256,224

Salaries & Benefits $3,213,045

Fundraising Expenses $576,322

Program Expenses $39,928,111

Other Expenses $2,879,288

TOTAL EXPENSES $43,348,557

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,294,999	$58,848,264	-0.1%
Expenses	$43,348,557	$32,696,199	+0.3%
Net Income	$7,946,442	$26,152,065	-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

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

$508,246

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID WEAVER	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
JOHN LIECHTY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KEN JULIAN	SECRETARY	1.00	Officer Director	$0	$0	$0
TODD CLEVELAND	TREASURER	1.00	Officer Director	$0	$0	$0
AMY BROWN	DIRECTOR	1.00	Director	$0	$0	$0
ANGIE EGGERING	DIRECTOR	1.00	Director	$0	$0	$0
BECKY BONTREGER	DIRECTOR	1.00	Director	$0	$0	$0
BJ THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE KORENSTRA	DIRECTOR	1.00	Director	$0	$0	$0
DAN MORRISON	DIRECTOR	1.00	Director	$0	$0	$0
DENISE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
DERALD BONTRAGER	DIRECTOR	1.00	Director	$0	$0	$0
ERIC IVORY	DIRECTOR	1.00	Director	$0	$0	$0
GALEN MILLER	DIRECTOR	1.00	Director	$0	$0	$0
ISAAC TORRES	DIRECTOR	1.00	Director	$0	$0	$0
JAN FARRON	DIRECTOR	1.00	Director	$0	$0	$0
KERRI RITCHIE	DIRECTOR	1.00	Director	$0	$0	$0
KURT JANOWSKY	DIRECTOR	1.00	Director	$0	$0	$0
OLA YODER	DIRECTOR	1.00	Director	$0	$0	$0
RAQUEL ESPINOSA	DIRECTOR	1.00	Director	$0	$0	$0
THERESA GUNDEN	DIRECTOR	1.00	Director	$0	$0	$0
PETER L MCCOWN	PRESIDENT	40.00	Officer	$266,843	$56,957	$323,800
COLE PATUZZI	CFO	40.00	Officer	$166,076	$18,370	$184,446
CANDACE YODER	SENIOR ADVISOR	40.00	Highest	$134,193	$8,433	$142,626
CARRIE BERGHOFF	CDO	40.00	Highest	$100,075	$18,559	$118,634
BRIAN COOK	CMO	40.00	Highest	$113,623	$11,527	$125,150

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
2025	$51,294,999	$43,348,557	$501,709,746	$7,946,442
2024	$58,848,264	$32,696,199	$461,316,930	$26,152,065
2023	$35,651,678	$41,291,217	$405,087,193	$-5,639,539
2022	$63,450,759	$34,034,208	$392,859,381	$29,416,551
2021	$41,619,440	$22,089,808	$418,149,768	$19,529,632
2020	$47,812,553	$38,344,667	$314,805,317	$9,467,886
2019	$38,036,936	$29,952,789	$301,659,661	$8,084,147
2018	$33,324,045	$29,571,942	$294,618,743	$3,752,103

COMMUNITY FOUNDATION OF ELKHART COUNTY INC