HOFFMAN INSTITUTE FOUNDATION

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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

1994

Legal Domicile

Principal Officer

ANN LLOYD INGRASCI

Phone

4154855220

Tax Period

2024-01-01 to 2024-12-31

HOFFMAN INSTITUTE FOUNDATION, founded in 1994, is a mid-sized nonprofit in the Education sector that reported $34.2M in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19.6M, a strong 57% operating margin.

Mission

TO FOSTER, PROMOTE, SUPPORT, AUGMENT, DEVELOP, AND ENCOURAGE PERSONAL GROWTH AND HUMAN POTENTIAL.

Program Service Accomplishments

Program 1

Expenses: $11,609,073 Revenue: $11,290,039

THE KEY ACTIVITIES IN 2024 FOCUSED ON EXPANDING THE HOFFMAN INSTITUTE FOUNDATION'S PERSONAL GROWTH AND HUMAN POTENTIAL PROGRAMS ACROSS THE UNITED STATES AND CANADA. THESE PROGRAMS INCLUDE THE HOFFMAN PROCESS AND HOFFMAN ESSENTIALS. THIS WAS THE FIRST FULL YEAR OF OWNERSHIP OF HOFFMAN INSTITUTE CANADA, A WHOLLY OWNED SUBSIDIARY WHOSE ACTIVITIES CONTINUE TO ADVANCE THE HOFFMAN MISSION IN CANADA.IN TOTAL, 60 HOFFMAN PROCESS INTENSIVES WERE OFFERED, SERVING 2,070 PARTICIPANTS. ADDITIONALLY, 9 IN-PERSON GRADUATE INTENSIVES WERE HELD, WITH 240 PARTICIPANTS, AND 73 OTHER VIRTUAL OR HYBRID COURSES WERE PROVIDED, REACHING 1,221 PARTICIPANTS.OTHER NOTABLE ACCOMPLISHMENTS INCLUDE THE LAUNCH OF AN EXTENSIVE STRATEGIC DESIGN PLANNING INITIATIVE, THE RECEIPT OF AN EXTRAORDINARY ANONYMOUS DONATION OF $20 MILLION, AND THE ESTABLISHMENT OF THE FIRST ENDOWMENT OF $150,000, DESIGNATED FOR PROGRAM SCHOLARSHIPS.

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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 $22,262,837

Program Service Revenue $11,290,039

Investment Income $689,836

Other Revenue $1,193

TOTAL REVENUE $34,243,905

Expense Breakdown

Grants Paid $828,025

Salaries & Benefits $8,702,248

Fundraising Expenses $1,074,045

Program Expenses $11,609,073

Other Expenses $5,122,087

TOTAL EXPENSES $14,652,360

Year-over-Year Comparison

	2024	2023	Change
Revenue	$34,243,905	$17,982,188	+0.9%
Expenses	$14,652,360	$16,971,233	-0.1%
Net Income	$19,591,545	$1,010,955	+18.4%

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

100

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

$364,434

Total Directors

$363,143

Key Employees

$1,014,576

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN INGRASCI	PRESIDENT / CEO	50.00	Officer Director	$154,348	$30,424	$184,772
CHARLES INGRASCI	FOUNDER, PHILANTHROPY	37.00	Director	$150,510	$27,861	$178,371
RYAN KATZ	CHAIRMAN OF THE BOARD	1.60	Director	$0	$0	$0
MELINDA REED	DIRECTOR	0.80	Director	$0	$0	$0
JAKE TARR	DIRECTOR	0.80	Director	$0	$0	$0
JOEL APPEL	DIRECTOR	0.80	Director	$0	$0	$0
MICHELLE BARMAZEL	DIRECTOR	0.80	Director	$0	$0	$0
SCOTT BRICKMAN	DIRECTOR	0.80	Director	$0	$0	$0
SUSAN BUDINGER	DIRECTOR	0.80	Director	$0	$0	$0
CHRISTY FOLEY	DIRECTOR	0.80	Director	$0	$0	$0
FELIPE JAIN	DIRECTOR	0.80	Director	$0	$0	$0
DIANNE MORRISON	DIRECTOR	0.80	Director	$0	$0	$0
AMY POOSER	DIRECTOR	0.80	Director	$0	$0	$0
KATHERINE KATE MAYER	CHIEF FINANCIAL OFFICER	55.00	Officer	$134,418	$36,760	$171,178
FREDRIKA CAMOZZI	SECRETARY	0.40	Officer	$8,484	$0	$8,484
MARISSA INGRASCI	DIR MARKETING, FACULTY MGR	37.00	Key Emp	$213,436	$16,025	$229,461
MATTHEW BRANNAGAN	VP, COO, SUPV TEACHER	55.00	Key Emp	$194,462	$19,757	$214,219
PATRICK BELISLE	DIRECTOR OF PHILANTHROPY	39.00	Key Emp	$167,644	$30,039	$197,683
ALYSSIA SHEIKH	TEACHER, DEI MANAGER	39.00	Key Emp	$175,174	$15,077	$190,251
JO MATTOON	SUPV TEACHER, DIR PROGRAMS	37.00	Key Emp	$161,649	$21,313	$182,962
MARC KAPLAN	TEACHER, FACULTY SUPPORT	38.00	Highest	$183,512	$27,959	$211,471
ANDREW HORNING	SUPV TEACHER, FACULTY MGR	39.00	Highest	$155,055	$27,656	$182,711
JUANITA GAGE	SUPV TEACHER, DIR OF FACULTY	50.00	Highest	$141,772	$10,204	$151,976
MEREDITH ROBERTSON	TEACHER	39.00	Highest	$133,157	$16,778	$149,935
ELIZABETH SEVERIN	TEACHER, FACULTY SUPPORT	38.00	Highest	$132,629	$0	$132,629

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	$34,243,905	$14,652,360	$26,166,207	$19,591,545
2023	$17,982,188	$16,971,233	$4,904,174	$1,010,955
2023	$17,982,188	$16,971,233	$4,904,174	$1,010,955
2022	$10,264,223	$9,819,476	$3,732,603	$444,747
2021	$11,907,757	$11,995,665	$2,301,194	$-87,908
2020	$7,172,102	$7,294,016	$6,048,251	$-121,914
2019	$8,752,242	$8,035,016	$1,962,037	$717,226
2018	$7,228,049	$7,187,632	$1,126,176	$40,417