TALLMADGE FOUNDATION (EIN 341940419) - 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

2000

Legal Domicile

Principal Officer

HELENE HUSSING

Phone

3306202716

Tax Period

2023-11-01 to 2024-10-31

TALLMADGE FOUNDATION, founded in 2000, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $40K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $46K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE PURPOSE OF THE FOUNDATION IS TO FOSTER, ENHANCE AND SUPPORT EDUCATIONAL, CULTURAL AND RECREATIONAL ENRICHMENT IN THE COMMUNITY OF TALLMADGE, OHIO.

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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 $22,357

Program Service Revenue $0

Investment Income $17,690

Other Revenue $0

TOTAL REVENUE $40,047

Expense Breakdown

Grants Paid $40,810

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $42,361

Other Expenses $5,142

TOTAL EXPENSES $45,952

Year-over-Year Comparison

	2023	2022	Change
Revenue	$40,047	$43,072	-0.1%
Expenses	$45,952	$57,125	-0.2%
Net Income	$-5,905	$-14,053	-0.6%

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
REBECCA ALLMAN	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
AMANDA BRADEN-KRKIC	TRUSTEE	1.00	Director	$0	$0	$0
JANET BUNTAIN	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTINE CIPA	TRUSTEE	1.00	Director	$0	$0	$0
STEVE CLARK	TRUSTEE	1.00	Director	$0	$0	$0
CHAD DAVIS	TRUSTEE	1.00	Director	$0	$0	$0
COURTNEY DAVIS	TRUSTEE	1.00	Director	$0	$0	$0
MOLLIE GILBRIDE	TRUSTEE	1.00	Director	$0	$0	$0
FREDERICK GREICH	TRUSTEE	1.00	Director	$0	$0	$0
HELENE HUSSING	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD KELLAR	TRUSTEE	1.00	Director	$0	$0	$0
DAVID KLINE	TRUSTEE	1.00	Director	$0	$0	$0
PATRICK LARSON	TRUSTEE	1.00	Director	$0	$0	$0
KEITH LUCAS	TRUSTEE	1.00	Director	$0	$0	$0
SUE LYONS	TRUSTEE	1.00	Director	$0	$0	$0
DONALD PAVLIK	TRUSTEE	1.00	Director	$0	$0	$0
MEGAN RABER	TRUSTEE	1.00	Director	$0	$0	$0
CHERYL RAY	TRUSTEE	1.00	Director	$0	$0	$0
KIMBERLY RAY	TREASURER	1.00	Officer Director	$0	$0	$0
MARK SALERNO	TRUSTEE	1.00	Director	$0	$0	$0
EDWARD SICILIANO	TRUSTEE	1.00	Director	$0	$0	$0
CAROL SICILIANO-KILWAY	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTEEN SPEELMAN-PARSONS	SECRETARY	1.00	Officer Director	$0	$0	$0
MEGHAN THOMPSON	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
NANCY WACK	TRUSTEE	1.00	Director	$0	$0	$0
PATRICK WACK	TRUSTEE	1.00	Director	$0	$0	$0
DEE WEST	TRUSTEE	1.00	Director	$0	$0	$0
PAUL WILKIE	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	$40,047	$45,952	$778,666	$-5,905
2023	$43,072	$57,125	$659,024	$-14,053
2022	$57,712	$41,382	$655,789	$16,330
2021	$49,255	$25,800	$791,003	$23,455
2020	$75,657	$27,597	$649,245	$48,060
2019	$125,402	$46,410	$601,185	$78,992
2018	$65,226	$32,709	$522,193	$32,517

TALLMADGE FOUNDATION