ARTHUR & SARA JO KOBACKER FAMILY FOUNDAT AND IDA KOBACKER FOUNDATION (EIN 311380072) - 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

1993

Legal Domicile

Principal Officer

SCOTT HEITKAMP

Phone

6142514000

Tax Period

2021-01-01 to 2021-12-31

ARTHUR & SARA JO KOBACKER FAMILY FOUNDAT AND IDA KOBACKER FOUNDATION, founded in 1993, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2021. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $14.7M exceeded revenue, resulting in a 248% operating deficit.

Mission

THE PURPOSE OF THE FOUNDATION IS TO SUPPORT CHARITABLE ORGANIZATIONS WHICH BENEFIT THE COMMUNITY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $4,231,170

Other Revenue $0

TOTAL REVENUE $4,231,170

Expense Breakdown

Grants Paid $14,728,031

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,728,031

Other Expenses $0

TOTAL EXPENSES $14,728,031

Year-over-Year Comparison

	2021	2020	Change
Revenue	$4,231,170	$6,072,230	-0.3%
Expenses	$14,728,031	$68,076	+215.3%
Net Income	$-10,496,861	$6,004,154	-2.7%

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

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

$947,864

Total Directors

$947,864

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALFRED J KOBACKER	TRUSTEE/PRESIDENT	1.00	Officer Director	$0	$0	$0
PEGGY KOBACKER SHIFFRIN	SEC/TREAS/TRUSTEE	1.00	Officer Director	$0	$0	$0
REVEREND LEON TROY SR	TRUSTEE (THRU 1/26/21)	1.00	Director	$0	$0	$0
ANN L PIZZUTI	TRUSTEE (THRU 1/26/21)	1.00	Director	$0	$0	$0
DOUGLAS F KRIDLER	ASST SECRETARY/TRUSTEE	0.50	Officer Director	$0	$102,138	$643,417
SCOTT HEITKAMP	ASSISTANT TREASURER/TRUSTEE	0.50	Officer Director	$0	$53,696	$304,447

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
2021	$4,231,170	$14,728,031	No data	$-10,496,861
2020	$6,072,230	$68,076	$14,061,747	$6,004,154
2019	$2,340,793	$28,366	$6,268,903	$2,312,427
2018	$211,402	$65,280	$3,270,712	$146,122

ARTHUR & SARA JO KOBACKER FAMILY FOUNDAT AND IDA KOBACKER FOUNDATION