MARTIN W RICHARD CHARITABLE FOUNDATION INC (EIN 352491896) - 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

2014

Legal Domicile

Principal Officer

DENISE RICHARD

Phone

7812351490

Tax Period

2023-01-01 to 2023-12-31

MARTIN W RICHARD CHARITABLE FOUNDATION INC, founded in 2014, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 158% from the prior year, signaling strong growth momentum.

Mission

HONOR THE MEMORY OF MARTIN W. RICHARD'S MESSAGE OF "NO MORE HURTING PEOPLE" BY RAISING FUNDS TO INVEST IN EDUCATION, ATHLETICS AND COMMUNITY.

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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 $1,314,812

Program Service Revenue $0

Investment Income $125,178

Other Revenue $0

TOTAL REVENUE $1,439,990

Expense Breakdown

Grants Paid $1,144,407

Salaries & Benefits $0

Fundraising Expenses $191,889

Program Expenses $1,167,465

Other Expenses $338,716

TOTAL EXPENSES $1,483,123

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,439,990	$557,428	+1.6%
Expenses	$1,483,123	$1,900,430	-0.2%
Net Income	$-43,133	$-1,343,002	-1.0%

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	Role	Reportable Comp	Other Comp	Total
DENISE K RICHARD	PRESIDENT	Officer Director	$0	$0	$0
WILLIAM A RICHARD	TREASURER	Officer Director	$0	$0	$0
JOHN E HERNANDEZ	CLERK	Director	$0	$0	$0
BRENDAN MCDONOUGH	DIRECTOR	Director	$0	$0	$0
ERIN G O'BRIEN	ASSISTANT CLERK	Director	$0	$0	$0
VICKY SHEN	DIRECTOR	Director	$0	$0	$0
DOT JOYCE	DIRECTOR	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	$1,439,990	$1,483,123	$2,869,172	$-43,133
2022	$557,428	$1,900,430	$2,724,200	$-1,343,002
2021	$768,279	$1,123,878	$4,083,708	$-355,599
2020	$494,156	$1,073,907	$4,507,616	$-579,751
2019	$1,398,329	$2,058,211	$4,523,589	$-659,882
2018	$2,442,365	$2,233,369	$4,455,410	$208,996

MARTIN W RICHARD CHARITABLE FOUNDATION INC