THE PAUL C JOHNSON FOUNDATION (EIN 382919769) - 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

1989

Legal Domicile

Principal Officer

CHARLES E JOHNSON II

Phone

2317224538

Tax Period

2024-01-01 to 2024-12-31

THE PAUL C JOHNSON FOUNDATION, founded in 1989, is a small nonprofit that reported $121K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $159K exceeded revenue, resulting in a 31% operating deficit.

Mission

SUPPORTING ORGANIZATION OF THE COMMUNITY FOUNDATION FOR MUSKEGON COUNTY COMMITTED TO FURTHERING THE PHILANTROPIC ACTIVITIES OF THAT ORGANIZATION

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $121,134

Other Revenue $0

TOTAL REVENUE $121,134

Expense Breakdown

Grants Paid $138,685

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $138,685

Other Expenses $20,248

TOTAL EXPENSES $158,933

Year-over-Year Comparison

	2024	2023	Change
Revenue	$121,134	$268,766	-0.5%
Expenses	$158,933	$227,711	-0.3%
Net Income	$-37,799	$41,055	-1.9%

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

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

$199,484

Total Directors

$199,484

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES E JOHNSON II	PRESIDENT EMERITI	1.00	Officer Director	$0	$0	$0
PETER C JOHNSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES E JOHNSON III	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TODD JACOBS	TREASURER/SECRETARY	1.00	Officer Director	$0	$8,870	$199,484
BROCK DANA	DIRECTOR	1.00	Director	$0	$0	$0
LARRY W HINES	DIRECTOR	1.00	Director	$0	$0	$0
WENDY KERSMAN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES M SHERIDAN	DIRECTOR	1.00	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	$121,134	$158,933	$3,988,646	$-37,799
2023	$268,766	$227,711	$3,803,460	$41,055
2022	$189,389	$144,994	$3,429,467	$44,395
2021	$232,270	$15,023	$4,006,245	$217,247
2020	$105,895	$87,981	$3,581,786	$17,914
2019	$84,415	$17,812	$3,310,907	$66,603
2018	$-457,324	$94,530	$2,884,291	$-551,854

THE PAUL C JOHNSON FOUNDATION