ROBERT H TANNAHILL FOUNDATION (EIN 386054453) - 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

1961

Legal Domicile

Principal Officer

JENNIFER HUDSON PARKE

Phone

3139616675

Tax Period

2023-01-01 to 2023-12-31

ROBERT H TANNAHILL FOUNDATION, founded in 1961, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $3.7M exceeded revenue, resulting in a 158% operating deficit.

Mission

PROVIDE GRANTS TO SUPPORT THE OPERATIONS OF EIGHT NAMED CHARITABLE INSTITUTIONS WHOSE PROGRAMS IMPACT THE LOCAL COMMUNITY.

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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 $1,426,674

Other Revenue $0

TOTAL REVENUE $1,426,674

Expense Breakdown

Grants Paid $3,199,903

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,199,903

Other Expenses $480,063

TOTAL EXPENSES $3,679,966

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,426,674	$4,611,530	-0.7%
Expenses	$3,679,966	$3,469,173	+0.1%
Net Income	$-2,253,292	$1,142,357	-3.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID M HEMPSTEAD	TREASURER	0.50	Officer Director	$0	$0	$0
JENNIFER HUDSON PARKE	PRESIDENT (BEG 10/23)	0.50	Officer Director	$0	$0	$0
LINDSEY FORD BUHL	SECRETARY (BEG 10/23)	0.50	Officer Director	$0	$0	$0
JOSEPH L HUDSON IV	TRUSTEE (BEG 06/23)	0.50	Director	$0	$0	$0
JOSEPH R PARKE	TRUSTEE (BEG 06/23)	0.50	Director	$0	$0	$0
LYNN FORD ALANDT	TRUSTEE	0.50	Director	$0	$0	$0
HARVEY B WALLACE II	ASSISTANT SECRETARY	0.50	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
2024	No data	No data	No data	No data
2023	$1,426,674	$3,679,966	$57,228,011	$-2,253,292
2022	$4,611,530	$3,469,173	$54,352,357	$1,142,357
2021	$3,137,488	$3,490,050	$64,918,115	$-352,562
2020	$1,106,328	$3,263,510	$59,482,715	$-2,157,182

ROBERT H TANNAHILL FOUNDATION