2COR913 FOUNDATION (EIN 332071147) - 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

2024

Legal Domicile

Principal Officer

KAREN J JONAS

Phone

6788921874

Tax Period

2024-11-15 to 2024-12-31

2COR913 FOUNDATION, founded in 2024, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $10.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NCCF.

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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 $10,000,000

Program Service Revenue $0

Investment Income $6,208

Other Revenue $0

TOTAL REVENUE $10,006,208

Expense Breakdown

Grants Paid $9,945,174

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,945,174

Other Expenses $0

TOTAL EXPENSES $9,945,174

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,006,208	N/A	N/A
Expenses	$9,945,174	N/A	N/A
Net Income	$61,034	N/A	N/A

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

Total Directors

$222,579

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN-PAUL REIGER	TRUSTEE	1.00	Director	$0	$0	$0
KAREN J JONAS	TRUSTEE	1.00	Director	$0	$21,791	$222,579
MARY JURY	TRUSTEE	1.00	Director	$0	$0	$0
TIM MACDONALD	TRUSTEE	1.00	Director	$0	$0	$0
VICTOR R JURY JR	TRUSTEE	1.00	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
2024	$10,006,208	$9,945,174	$76,208	$61,034

2COR913 FOUNDATION