216 E WASHINGTON BLVD FOUNDATION (EIN 351867694) - 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

TERRY R WEBB

Phone

2607444770

Tax Period

2023-01-01 to 2023-12-31

216 E WASHINGTON BLVD FOUNDATION, founded in 1991, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $57K in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $177K exceeded revenue, resulting in a 210% operating deficit.

Mission

PRESERVATION OF HISTORIC REGISTER BUILDING

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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 $34,269

Program Service Revenue $0

Investment Income $25,113

Other Revenue $-2,403

TOTAL REVENUE $56,979

Expense Breakdown

Grants Paid $172,969

Salaries & Benefits $2,000

Fundraising Expenses $0

Program Expenses $173,969

Other Expenses $1,871

TOTAL EXPENSES $176,840

Year-over-Year Comparison

	2023	2022	Change
Revenue	$56,979	$141,599	-0.6%
Expenses	$176,840	$245,702	-0.3%
Net Income	$-119,861	$-104,103	+0.2%

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

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

$2,000

Total Directors

$2,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY R WEBB	TREASURER	2.00	Officer Director	$1,000	$0	$1,000
DAVID GROHOLSKI	PRESIDENT	2.00	Officer Director	$0	$0	$0
LAVAR BREWER	SECRETARY	2.00	Officer Director	$1,000	$0	$1,000
M BRUCE SCOTT	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
REV EDWARD SNYDER	DIRECTOR	1.00	Director	$0	$0	$0
TIFFANY YOQUELET	DIRECTOR	1.00	Director	$0	$0	$0
B NATHAN BAGGETT	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE SCOTT WRAY	DIRECTOR	1.00	Director	$0	$0	$0
REV RONALD BEARDON	DIRECTOR	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	No data	No data	No data	No data
2023	$56,979	$176,840	$589,396	$-119,861
2022	$141,599	$245,702	$709,257	$-104,103
2021	$61,317	$77,338	$813,360	$-16,021
2020	$38,748	$56,975	$829,381	$-18,227
2019	$61,094	$30,016	$847,608	$31,078

216 E WASHINGTON BLVD FOUNDATION