Founders Hall Foundation Inc

EIN: 311776375 501(c)(3) Human Services

Ridgefield, CT

Total Revenue
$1,879,542
Total Expenses
$1,367,979
Total Assets
$8,492,356
Net Assets
$8,371,720
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
DE
Principal Officer
Lori Berisford
Phone
2034317000
Tax Period
2025-01-01 to 2025-12-31

Founders Hall Foundation Inc, founded in 2001, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $512K, a strong 27% operating margin.

Mission

Founders Hall is dedicated to providing a diverse program of social, educational and physical fitness programs for today's active seniors in a warm, fun, and stimulating atmosphere.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $859,862
Program Service Revenue $414,427
Investment Income $604,376
Other Revenue $877
TOTAL REVENUE $1,879,542

Expense Breakdown

Grants Paid $0
Salaries & Benefits $787,022
Fundraising Expenses $124,287
Program Expenses $1,101,491
Other Expenses $580,957
TOTAL EXPENSES $1,367,979

Year-over-Year Comparison

2025 2024 Change
Revenue $1,879,542 $1,589,554 +0.2%
Expenses $1,367,979 $1,423,116 0.0%
Net Income $511,563 $166,438 +2.1%
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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Governance

Voting Members
9
Independent Members
9
Employees
61
Volunteers
150

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
5
$83,903
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nicole Nuut Executive Director 40.0
Officer
$68,130 $15,773 $83,903
Lori Berisford President 3.0
Officer Director
$0 $0 $0
Jennifer Kubick Secretary 1.0
Officer Director
$0 $0 $0
Steven F Goldstone Chairman of the Board 3.0
Officer Director
$0 $0 $0
Elizabeth C Goldstone Treasurer 3.0
Officer Director
$0 $0 $0
Brenda Berta Director 1.0
Director
$0 $0 $0
Christopher Couri Director 1.0
Director
$0 $0 $0
Rudy Marconi Director 1.0
Director
$0 $0 $0
Kent Rohrer Director 1.0
Director
$0 $0 $0
Rudy Ruggles Jr Director 1.0
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
2025 $1,879,542 $1,367,979 $8,492,356 $511,563
2024 No data No data No data No data
2023 $1,411,687 $1,164,967 $7,603,126 $246,720
2022 $1,255,479 $1,165,396 $6,702,894 $90,083
2021 $1,556,765 $1,071,879 $7,626,587 $484,886
2020 $2,030,889 $970,190 $6,968,096 $1,060,699
2019 $3,134,246 $1,032,903 $5,349,625 $2,101,343
2018 $1,082,289 $991,761 $2,976,813 $90,528
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