EMERALD FOUNDATION

EIN: 364660784 501(c)(3) Philanthropy & Grantmaking

LANCASTER, PA

Total Revenue
$686,762
Total Expenses
$977,069
Total Assets
$1,549,207
Net Assets
$-722,090
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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
2009
Legal Domicile
PA
Principal Officer
JOSEPH E BESECKER
Phone
7175607572
Tax Period
2022-07-01 to 2023-06-30

EMERALD FOUNDATION, founded in 2009, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $687K in total revenue in fiscal year 2022. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $977K exceeded revenue, resulting in a 42% operating deficit.

Mission

THE FOUNDATION'S VISION IS TO ENGAGE THE COMMUNITY AND NON-PROFIT ORGANIZATIONS IN A WAY THAT WILL ENRICH AND EMPOWER LIVES. EVERYONE IS WELCOME AT "THE E." WITH A FOCUS ON EDUCATION, YOUTH AND HEALTHCARE, WE STRIVE TO CREATE A THRIVING COMMUNITY BY PROVIDING (1) RENTAL SUBSIDIES AND COLLABORATIVE PROGRAMMING OPPORTUNITIES FOR NON-PROFITS, (2) DEVELOP EMERALD NON-PROFIT PROGRAMMING TO FILL UNMET COMMUNITY NEEDS, AND (3) OFFER OPPORTUNITIES FOR DIVERSE CITIZENS TO MEET AND LEARN FROM ONE ANOTHER. CURRENTLY, THE EMERALD FOUNDATION IS HOME TO SIX NON-PROFIT TENANTS, HAS FOUR OF ITS OWN NON-PROFIT PROGRAMS (INCLUDING OUR "ACCESS TO OPPORTUNITIES" AFTER SCHOOL PROGRAM, A FOOD PANTRY AND TWO PROGRAMS FOR CHILDREN AND ADULTS WITH DISABILITIES). WE ALSO HOLD MANY COMMUNITY EDUCATIONAL EVENTS, AND AN EMERGING ARTIST SERIES.

Program Service Accomplishments

Program 1
Expenses: $737,776

CREATE A THRIVING COMMUNITY BY PROVIDING SERVICES AND SUPPORT TO NON-PROFIT ORGANIZATIONS THAT FOCUS ON EDUCATION, YOUTH, AND HEALTHCARE RESEARCH, AND OFFER OPPORTUNITIES FOR DIVERSE COMMUNITIES TO...

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CREATE A THRIVING COMMUNITY BY PROVIDING SERVICES AND SUPPORT TO NON-PROFIT ORGANIZATIONS THAT FOCUS ON EDUCATION, YOUTH, AND HEALTHCARE RESEARCH, AND OFFER OPPORTUNITIES FOR DIVERSE COMMUNITIES TO MEET AND LEARN FROM ONE ANOTHER.

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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 (2022)

Revenue Breakdown

Contributions & Grants $576,604
Program Service Revenue $0
Investment Income $8
Other Revenue $110,150
TOTAL REVENUE $686,762

Expense Breakdown

Grants Paid $0
Salaries & Benefits $136,758
Fundraising Expenses $0
Program Expenses $737,776
Other Expenses $840,311
TOTAL EXPENSES $977,069

Year-over-Year Comparison

2022 2021 Change
Revenue $686,762 $413,403 +0.7%
Expenses $977,069 $653,486 +0.5%
Net Income $-290,307 $-240,083 +0.2%
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
3
Employees
6
Volunteers
12

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
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTHA BESECKER INTERIM DIRECTOR 40.00
Director
$0 $0 $0
JOE BESECKER PRESIDENT 2.00
Officer
$0 $0 $0
PAUL WARE VICE PRESIDENT 2.00
Officer
$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
2023 $686,762 $977,069 $1,549,207 $-290,307
2022 $413,403 $653,486 $1,609,371 $-240,083
2021 $211,805 $594,608 $1,714,055 $-382,803
2020 $1,002,642 $1,013,404 $2,093,717 $-10,762
2019 $755,535 $634,838 $1,819,129 $120,697
2018 $496,925 $392,658 $1,692,813 $104,267
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