VIGRAN FAMILY FOUNDATION INC (EIN 352107926) - 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

1999

Legal Domicile

Principal Officer

REBECCA S GILLIAM

Phone

7659621638

Tax Period

2023-01-01 to 2023-12-31

VIGRAN FAMILY FOUNDATION INC, founded in 1999, is a small nonprofit that reported $232K in total revenue in fiscal year 2023. Revenue surged 220% from the prior year, signaling strong growth momentum. Expenses of $2.2M exceeded revenue, resulting in a 862% operating deficit.

Mission

TO HELP CARRY OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE WAYNE COUNTY INDIANA FOUNDATION INC.

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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 $100

Program Service Revenue $0

Investment Income $231,787

Other Revenue $0

TOTAL REVENUE $231,887

Expense Breakdown

Grants Paid $2,197,227

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,231,100

Other Expenses $33,873

TOTAL EXPENSES $2,231,100

Year-over-Year Comparison

	2023	2022	Change
Revenue	$231,887	$72,373	+2.2%
Expenses	$2,231,100	$127,459	+16.5%
Net Income	$-1,999,213	$-55,086	+35.3%

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

$122,817

Total Directors

$122,817

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY VIGRAN	CHAIR	1.00	Officer Director	$0	$0	$0
ROSS VIGRAN	TREASURER	1.00	Officer Director	$0	$0	$0
DR KENNETH WOODMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
GORDON THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
REBECCA GILLIAM	SECRETARY	1.00	Officer Director	$0	$13,428	$122,817

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
2023	$231,887	$2,231,100	No data	$-1,999,213
2022	$72,373	$127,459	$1,907,278	$-55,086
2021	$95,165	$116,940	$2,365,104	$-21,775
2020	$373,476	$113,889	$2,114,536	$259,587
2019	$149,452	$114,860	$1,998,003	$34,592
2018	$80,097	$118,968	$1,696,278	$-38,871

VIGRAN FAMILY FOUNDATION INC