TSC FOUNDATION

EIN: 363312847 501(c)(3)

LAKE GENEVA, WI

Total Revenue
$230,359
Total Expenses
$53,671
Total Assets
$317,827
Net Assets
$317,112
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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
1984
Legal Domicile
IL
Principal Officer
PAUL RIGBY
Phone
3126360637
Tax Period
2021-07-01 to 2022-06-30

TSC FOUNDATION, founded in 1984, is a small nonprofit that reported $230K in total revenue in fiscal year 2021. Revenue surged 360% from the prior year, signaling strong growth momentum. The organization ran a surplus of $177K, a strong 77% operating margin.

Mission

TSC FOUNDATION HELPS CHILDREN WITH SPECIAL PHYSICAL AND MENTAL NEEDS AS WELL AS CHILDREN WITH FINANCIAL NEED, TO PROVIDE THEM WITH ACCESS TO SPORTS ACTIVITIES IN A SAFE, FUN, AND ENCOURAGING ATMOSPHERE, PROMOTING FRINDSHIP AND COMPASSION.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $230,289
Program Service Revenue $0
Investment Income $70
Other Revenue $0
TOTAL REVENUE $230,359

Expense Breakdown

Grants Paid $16,500
Salaries & Benefits $21,836
Fundraising Expenses $0
Program Expenses $21,899
Other Expenses $15,335
TOTAL EXPENSES $53,671

Year-over-Year Comparison

2021 2020 Change
Revenue $230,359 $50,050 +3.6%
Expenses $53,671 $57,651 -0.1%
Net Income $176,688 $-7,601 -24.2%
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

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Governance

Voting Members
3
Independent Members
2
Employees
1
Volunteers
100

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
$17,820
Total Directors
3
$17,820
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL RIGBY President 2.00
Officer Director
$17,820 $0 $17,820
STEVE SNOWER Director 2.00
Officer Director
$0 $0 $0
RANDY HARMER Director 0.00
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
2022 $230,359 $53,671 $317,827 $176,688
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