SIEMER FAMILY FOUNDATION (EIN 311550556) - 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

1997

Legal Domicile

Principal Officer

SCOTT HEITKAMP

Phone

6142514000

Tax Period

2023-01-01 to 2023-12-31

SIEMER FAMILY FOUNDATION, founded in 1997, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $13.8M in total revenue in fiscal year 2023. Revenue surged 630% from the prior year, signaling strong growth momentum. Expenses of $16.3M exceeded revenue, resulting in a 18% operating deficit.

Mission

THE PURPOSE OF THE FOUNDATION IS TO SUPPORT ORGANIZATIONS SERVING PEOPLE IN NEED AND OTHER ORGANIZATIONS WITH EDUCATIONAL, COMMUNITY, CULTURAL AND OTHER CHARITABLE PURPOSES.

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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 $12,309,500

Program Service Revenue $0

Investment Income $772,891

Other Revenue $733,430

TOTAL REVENUE $13,815,821

Expense Breakdown

Grants Paid $15,862,851

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,862,851

Other Expenses $473,552

TOTAL EXPENSES $16,336,403

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,815,821	$1,893,276	+6.3%
Expenses	$16,336,403	$9,492,258	+0.7%
Net Income	$-2,520,582	$-7,598,982	-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

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

$1,048,581

Total Directors

$1,307,649

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA J SIEMER	CHAIRPERSON/TRUSTEE	1.00	Officer Director	$0	$0	$0
ELIZABETH M SIEMER	PRESIDENT & VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DOUGLAS F KRIDLER	SECRETARY/TRUSTEE	0.50	Officer Director	$0	$105,945	$680,084
SCOTT HEITKAMP	TREASURER/TRUSTEE	0.50	Officer Director	$0	$63,469	$368,497
DAN SHARPE	TRUSTEE	0.50	Director	$0	$35,186	$259,068

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	No data	No data	No data	No data
2023	$13,815,821	$16,336,403	$34,558,648	$-2,520,582
2022	$1,893,276	$9,492,258	$34,625,821	$-7,598,982
2021	$15,843,554	$16,009,260	$55,510,313	$-165,706
2020	$21,175,291	$9,895,707	$54,739,733	$11,279,584
2019	$3,868,597	$11,185,216	$38,144,644	$-7,316,619
2018	$19,259,631	$9,265,672	$33,274,337	$9,993,959

SIEMER FAMILY FOUNDATION