FIRST COMMUNITY FOUNDATION (EIN 316027662) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

ROBERT S STEARNS

Phone

6144880681

Tax Period

2023-01-01 to 2023-12-31

FIRST COMMUNITY FOUNDATION, founded in 1961, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 72% operating margin.

Mission

FIRST COMMUNITY FOUNDATION IS A TAX-EXEMPT, NON-PROFIT ORGANIZATION CREATED FOR THE PERPETUAL SUPPORT AND ENHANCEMENT OF THE MINISTRIES AND MISSIONS OF FIRST COMMUNITY CHURCH.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,889,679

Program Service Revenue $0

Investment Income $343,498

Other Revenue $0

TOTAL REVENUE $2,233,177

Expense Breakdown

Grants Paid $493,006

Salaries & Benefits $26,404

Fundraising Expenses $0

Program Expenses $493,006

Other Expenses $107,814

TOTAL EXPENSES $627,224

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,233,177	$1,474,999	+0.5%
Expenses	$627,224	$1,188,444	-0.5%
Net Income	$1,605,953	$286,555	+4.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$98,033

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE TUCKER	TRUSTEE	2.00	Director	$0	$0	$0
RALPH GRIFFITH	PAST CHAIR	2.00	Officer Director	$0	$0	$0
CINDI KLAMAR	TREASURER	2.00	Officer Director	$0	$0	$0
KATIE OCASIO	TRUSTEE	2.00	Director	$0	$0	$0
BRAD GRIFFITH	VICE CHAIR	2.00	Officer Director	$0	$0	$0
DAVID NICKEL	TRUSTEE	2.00	Director	$0	$0	$0
NANCY RUMMEL	TRUSTEE	2.00	Director	$0	$0	$0
CHUCK WEBB	TRUSTEE	2.00	Director	$0	$0	$0
TIM GLASSER	CHAIR	2.00	Officer Director	$0	$0	$0
LESLIE JUNK	TRUSTEE	2.00	Director	$0	$0	$0
CLARE LONG	TRUSTEE	2.00	Director	$0	$0	$0
CATHY CONNOR	TRUSTEE	2.00	Director	$0	$0	$0
DOUG TORRANCE	EX-OFFICIO	2.00	Director	$0	$0	$0
GLEN MILES	EX-OFFICIO	2.00	Director	$0	$0	$0
REV SETH STEARNS	EXECUTIVE DIRECTOR	5.00	Officer	$0	$1,996	$98,033

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	$2,233,177	$627,224	$11,675,938	$1,605,953
2022	$1,474,999	$1,188,444	$9,547,086	$286,555
2021	$1,689,877	$773,195	$10,551,924	$916,682
2020	$1,110,248	$703,728	$9,259,992	$406,520
2019	$1,340,023	$1,605,992	$8,103,179	$-265,969
2018	$1,402,322	$1,069,910	$7,535,026	$332,412

FIRST COMMUNITY FOUNDATION