GOOD COUNSEL CHARITABLE TRUST (EIN 364146079) - 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

1996

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

GOOD COUNSEL CHARITABLE TRUST, founded in 1996, is a small nonprofit in the Religion sector that reported $342K in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 227% operating deficit.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE FOR THE NEEDS OF THE PROVINCE OF OUR MOTHER OF GOOD COUNSEL OF THE AUGUSTINIAN ORDER IN THE FURTHERANCE OF ITS CORPORATE PURPOSES TO CONDUCT, PERFORM AND ADMINISTER EDUCATIONAL AND OTHER WORKS OF THE AUGUSTINIAN ORDER.

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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 $0

Program Service Revenue $0

Investment Income $342,037

Other Revenue $0

TOTAL REVENUE $342,037

Expense Breakdown

Grants Paid $1,100,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,118,456

Other Expenses $18,456

TOTAL EXPENSES $1,118,456

Year-over-Year Comparison

	2023	2022	Change
Revenue	$342,037	$202,027	+0.7%
Expenses	$1,118,456	$373,684	+2.0%
Net Income	$-776,419	$-171,657	+3.5%

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

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV JAMES HALSTEAD	TRUSTEE	0.50	Director	$0	$0	$0
PETER LISNIC	TRUSTEE	0.50	Director	$0	$0	$0
THERESA FERRARO	TRUSTEE	0.50	Director	$0	$0	$0
TED BERMAN	TRUSTEE	2.00	Director	$0	$0	$0
CHARLES ENGVALL	TRUSTEE	1.50	Director	$0	$0	$0
MARK BUTTERWORTH	TRUSTEE	0.50	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$342,037	$1,118,456	$6,138,611	$-776,419
2022	$202,027	$373,684	$5,996,387	$-171,657
2021	$374,808	$213,142	$7,390,637	$161,666
2020	$264,602	$468,097	$6,773,711	$-203,495

GOOD COUNSEL CHARITABLE TRUST