Columbian Club Charitable Foundation

EIN: 363562873 501(c)(3)

Roselle, IL

Total Revenue
$238,153
Total Expenses
$120,611
Total Assets
$1,738,498
Net Assets
$1,738,497
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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
1987
Legal Domicile
IL
Principal Officer
Michael Russotto
Phone
7084569200
Tax Period
2024-01-01 to 2024-12-31

Columbian Club Charitable Foundation, founded in 1987, is a small nonprofit that reported $238K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $118K, a strong 49% operating margin.

Mission

To raise funds for charities and scholarships

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $155,527
Other Revenue $82,626
TOTAL REVENUE $238,153

Expense Breakdown

Grants Paid $94,829
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $94,829
Other Expenses $25,782
TOTAL EXPENSES $120,611

Year-over-Year Comparison

2024 2023 Change
Revenue $238,153 $166,018 +0.4%
Expenses $120,611 $121,247 0.0%
Net Income $117,542 $44,771 +1.6%
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
10
Independent Members
10
Employees
N/A
Volunteers
48

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Volpe Secretary 3.00
Officer Director
$0 $0 $0
Frank Lucchese Director 3.00
Director
$0 $0 $0
Frank Trocchio Treasurer 3.00
Officer Director
$0 $0 $0
Michael Russotto Chairman 3.00
Director
$0 $0 $0
Gabe Caporale Trustee 3.00
Director
$0 $0 $0
Anthony Ambrose Trustee 3.00
Officer Director
$0 $0 $0
Stuart Caravello Trustee 3.00
Officer 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 $238,153 $120,611 $1,738,498 $117,542
2023 $166,018 $121,247 $1,617,024 $44,771
2022 $278,820 $445,320 $1,431,089 $-166,500
2021 $147,582 $135,237 $1,585,862 $12,345
2020 $-22,890 $54,025 $1,384,189 $-76,915
2018 $102,241 $90,433 $1,341,382 $11,808
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