GRANGER ENDOWMENT FUND INC

🔒

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

1986

Legal Domicile

Principal Officer

Joseph DeNardi

Phone

3302392519

Tax Period

2023-01-01 to 2023-12-31

GRANGER ENDOWMENT FUND INC, founded in 1986, is a micro nonprofit in the Education sector that reported $28K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11K, a strong 40% operating margin.

Mission

Endowments to generate income for grants and awards

Program Service Accomplishments

Program 1

Expenses: $16,961 Revenue: $28,195

Investment income generated and grants to support capital items, such as computer equipment, local missions and missions trips, or scholarships for college academic support.

🔒

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 $0

Program Service Revenue $0

Investment Income $24,677

Other Revenue $3,518

TOTAL REVENUE $28,195

Expense Breakdown

Grants Paid $6,029

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,961

Other Expenses $10,932

TOTAL EXPENSES $16,961

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,195	$23,388	+0.2%
Expenses	$16,961	$32,258	-0.5%
Net Income	$11,234	$-8,870	-2.3%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph DeNardi	Chairperson	0	Director	$0	$0	$0
Steven Hummel	Vice Chairperson	0	Director	$0	$0	$0
Brett Riebau	Secretary/Treasurer	0.5	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
2023	$28,195	$16,961	$871,498	$11,234
2022	$23,388	$32,258	$791,752	$-8,870
2021	$46,064	$25,119	$995,376	$20,945
2020	$34,110	$3,243	$938,599	$30,867
2019	$25,529	$41,667	$842,913	$-16,138
2018	$28,303	$14,265	$762,770	$14,038