HENRY & LOUISE TIMKEN FOUNDATION (EIN 346596671) - Form 990 Financial Analysis & Trantor Score

🔒

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

1980

Legal Domicile

Principal Officer

JANE M TIMKEN

Phone

3304543426

Tax Period

2023-01-01 to 2023-12-31

HENRY & LOUISE TIMKEN FOUNDATION, founded in 1980, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $329K in total revenue in fiscal year 2023. Net assets of $10.4M represent 381 months of operating reserves.

Mission

THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, AND TO CARRY OUT THE PURPOSE OF STARK COMMUNITY FOUNDATION.

🔒

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 $328,733

Other Revenue $0

TOTAL REVENUE $328,733

Expense Breakdown

Grants Paid $199,460

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $199,460

Other Expenses $142,654

TOTAL EXPENSES $342,114

Year-over-Year Comparison

	2023	2022	Change
Revenue	$328,733	$309,517	+0.1%
Expenses	$342,114	$374,410	-0.1%
Net Income	$-13,381	$-64,893	-0.8%

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

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
WARD J TIMKEN SR	DIRECTOR	1.00	Director	$0	$0	$0
THEODORE V BOYD	DIRECTOR	1.00	Director	$0	$0	$0
DOUG SIBILA BEG 121323	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM H BELDEN JR	V.P., TREASURER	1.00	Officer Director	$0	$0	$0
PAUL R BISHOP	DIRECTOR	1.00	Director	$0	$0	$0
WR TIMKEN JR	SECRETARY	1.00	Officer Director	$0	$0	$0
JANE M TIMKEN	PRESIDENT	1.00	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	No data	No data	No data	No data
2023	$328,733	$342,114	$10,425,133	$-13,381
2022	$309,517	$374,410	$9,493,346	$-64,893
2021	$392,833	$370,515	$10,749,322	$22,318
2020	$296,607	$454,985	$9,389,952	$-158,378
2019	$521,366	$288,827	$9,078,715	$232,539
2018	$380,750	$250,889	$7,946,700	$129,861

HENRY & LOUISE TIMKEN FOUNDATION