JASPER NEWTON FOUNDATION INC (EIN 351842404) - 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

1991

Legal Domicile

Principal Officer

BRIENNE HOOKER

Phone

2198665899

Tax Period

2023-01-01 to 2023-12-31

JASPER NEWTON FOUNDATION INC, founded in 1991, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $3.2M exceeded revenue, resulting in a 98% operating deficit.

Mission

TO ASSIST DONORS IN CREATING A SOURCE OF ASSETS TO MEET THE ONGOING AND CHANGING NEEDS AND INTERESTS OF THE PEOPLE OF ALL OF OUR JASPER AND NEWTON COUNTY COMMUNITIES.

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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 $965,314

Program Service Revenue $3,803

Investment Income $648,503

Other Revenue $13,082

TOTAL REVENUE $1,630,702

Expense Breakdown

Grants Paid $2,800,779

Salaries & Benefits $201,152

Fundraising Expenses $86,834

Program Expenses $2,939,716

Other Expenses $222,478

TOTAL EXPENSES $3,224,409

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,630,702	$2,553,897	-0.4%
Expenses	$3,224,409	$1,840,283	+0.8%
Net Income	$-1,593,707	$713,614	-3.2%

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

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

$88,060

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATTY STRINGFELLOW	CHAIR	1.00	Officer Director	$0	$0	$0
CANDACE ARMSTRONG	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAVE SCHRUM	CORP TREASUR	1.00	Officer Director	$0	$0	$0
MATT WALSH	SECRETARY	1.00	Officer Director	$0	$0	$0
ALAN WASHBURN	EX-OFFICIO	1.00	Director	$0	$0	$0
ALYSHA STYCK	DIRECTOR	1.00	Director	$0	$0	$0
LANA ZIMMER	DIRECTOR	1.00	Director	$0	$0	$0
BRIENNE HOOKER	EXECUTIVE DI	40.00	Officer	$85,660	$2,400	$88,060

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	$1,630,702	$3,224,409	$24,829,159	$-1,593,707
2022	$2,553,897	$1,840,283	$24,490,528	$713,614
2021	$5,202,652	$2,088,298	$27,799,726	$3,114,354
2020	$2,574,093	$2,843,692	$24,034,457	$-269,599
2019	$3,262,792	$1,734,061	$23,191,053	$1,528,731
2018	$1,862,501	$1,436,162	$19,361,532	$426,339

JASPER NEWTON FOUNDATION INC