FOUNDATION 36 INC

EIN: 371927112 501(c)(3) Philanthropy & Grantmaking

RENO, NV

Total Revenue
$1,711,386
Total Expenses
$58,907
Total Assets
$4,130,212
Net Assets
$2,619,854
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NV
Principal Officer
MICHAEL MENATH
Phone
7758328754
Tax Period
2023-01-01 to 2023-12-31

FOUNDATION 36 INC, founded in 2019, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 229% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 97% operating margin.

Mission

FOUNDATION 36 IS DEDICATED TO EDUCATING THE PUBLIC ABOUT, AND PRESERVING, NEVADA'S CULTURAL, HISTORIC, AND NATURAL TREASURES; ERECTING AND MAINTAINING PUBLIC BUILDINGS, MONUMENTS, AND WORKS; ACQUIRING, CURATING, PRESERVING, INTERPRETING, AND HOLDING IN TRUST ARTIFACTS AND ARCHIVES PERTAINING TO NEVADA'S HISTORY; ACQUIRING, RESTORING, AND PRESERVING STRUCTURES INCLUDING HOMES, CHURCHES, AND COMMERCIAL AND PUBLIC BUILDINGS HAVING HISTORICAL OR ARCHITECTURAL SIGNIFICANCE; AND INCORPORATING HISTORIC ELEMENTS, STRUCTURES, AND LANDSCAPES INTO INTERPRETIVE ENVIRONMENTS FOR PUBLIC EDUCATION. FOUNDATION 36 IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR CORRESPONDING SECTION OF ANY UNITED STATES INTERNAL REVENUE LAW.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,685,500
Program Service Revenue $0
Investment Income $16,086
Other Revenue $9,800
TOTAL REVENUE $1,711,386

Expense Breakdown

Grants Paid $6,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $55,417
Other Expenses $52,407
TOTAL EXPENSES $58,907

Year-over-Year Comparison

2023 2022 Change
Revenue $1,711,386 $519,717 +2.3%
Expenses $58,907 $464,614 -0.9%
Net Income $1,652,479 $55,103 +29.0%
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

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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
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK STEPHENSON CHAIRMAN 2.00
Officer Director
$0 $0 $0
MICHAEL MENATH TREASURER 2.00
Officer Director
$0 $0 $0
SHIREEN PIRAMOOM SECRETARY 2.00
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 No data No data No data No data
2023 $1,711,386 $58,907 $4,130,212 $1,652,479
2022 $519,717 $464,614 $982,189 $55,103
2021 $135,622 $69,701 $1,014,953 $65,921
2020 $1,037,959 $112,884 $924,946 $925,075
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