FATHER RAGAN CHARITABLE FOUNDATION (EIN 341773464) - 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

1981

Legal Domicile

Principal Officer

ROBERT Y GARRETT JR

Phone

4407817296

Tax Period

2023-11-01 to 2024-10-31

FATHER RAGAN CHARITABLE FOUNDATION, founded in 1981, is a small nonprofit in the Community Improvement sector that reported $119K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $39K, a strong 33% operating margin.

Mission

THE ORGANIZATION RAISES FUNDS TO SUPPORT CHARITABLE ORGANIZATIONS IN THE COMMUNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,282

Program Service Revenue $0

Investment Income $2,299

Other Revenue $114,441

TOTAL REVENUE $119,022

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $69,871

Other Expenses $80,335

TOTAL EXPENSES $80,335

Year-over-Year Comparison

	2023	2022	Change
Revenue	$119,022	$133,751	-0.1%
Expenses	$80,335	$96,256	-0.2%
Net Income	$38,687	$37,495	+0.0%

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

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
PETE CATANESE	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOHN PABIN	TRUSTEE	3.00	Director	$0	$0	$0
BILL DOSS	TRUSTEE	3.00	Director	$0	$0	$0
FRED METZ	SECRETARY	5.00	Director	$0	$0	$0
ROBERT Y GARRETT JR	TREASURER	5.00	Officer Director	$0	$0	$0
BILL GREANEY	GRAND KNIGHT	5.00	Officer 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	$119,022	$80,335	$508,718	$38,687
2023	$133,751	$96,256	$490,431	$37,495
2022	$81,717	$77,282	$479,237	$4,435
2021	$68,777	$68,505	$512,924	$272
2020	$58,185	$85,390	$526,891	$-27,205
2019	$142,203	$93,184	$568,654	$49,019
2018	$129,826	$86,140	$453,214	$43,686

FATHER RAGAN CHARITABLE FOUNDATION