GRANGER ENDOWMENT FUND INC

EIN: 341529944 501(c)(3) Education

Sharon Center, OH

Total Revenue
$28,195
Total Expenses
$16,961
Total Assets
$871,498
Net Assets
$871,498
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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
1986
Legal Domicile
OH
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

Generate income for grants and awards

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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 (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
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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

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Governance

Voting Members
9
Independent Members
9
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
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
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