FLORENCE L ABBOTT

EIN: 366025673

PO BOX CHICAGO, IL

Total Revenue
$25,846
Total Expenses
$21,320
Total Assets
$481,199
Net Assets
$481,199
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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
1939
Legal Domicile
IL
Principal Officer
SAME AS 'C' ABOVE
Phone
3126306000
Tax Period
2024-05-01 to 2025-04-30

FLORENCE L ABBOTT, founded in 1939, is a micro nonprofit that reported $26K in total revenue in fiscal year 2024. The organization ran a surplus of $5K, a strong 18% operating margin.

Mission

TO SUPPORT THE UNIVERSITY OF MICHIGAN

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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 $25,846
Other Revenue $0
TOTAL REVENUE $25,846

Expense Breakdown

Grants Paid $11,808
Salaries & Benefits $6,581
Fundraising Expenses $0
Program Expenses $16,744
Other Expenses $2,931
TOTAL EXPENSES $21,320

Year-over-Year Comparison

2024 2023 Change
Revenue $25,846 $26,194 0.0%
Expenses $21,320 $22,728 -0.1%
Net Income $4,526 $3,466 +0.3%
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
1
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NORTHERN TRUST COMPANY TRUSTEE 40.0
$6,581 $0 $6,581
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 $25,846 $21,320 $481,199 $4,526
2024 $26,194 $22,728 $476,683 $3,466
2023 $-13,853 $19,389 $473,138 $-33,242
2022 $31,020 $19,745 $506,490 $11,275
2021 $14,799 $17,242 $495,213 $-2,443
2020 $27,121 $20,741 $497,655 $6,380
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