GREENCO INDUSTRIES FOUNDATION INC (EIN 396399233) - 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

1984

Legal Domicile

Principal Officer

ART CARTER

Phone

6083288311

Tax Period

2024-01-01 to 2024-12-31

GREENCO INDUSTRIES FOUNDATION INC, founded in 1984, is a small nonprofit that reported $512K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $445K, a strong 87% operating margin.

Mission

SOLICIT AND OBTAIN FINANCIAL SUPPORT AND TO ADMINISTER FUNDS RECEIVED BY IT FOR THE BENEFIT OF NONPROFIT ORGANIZATIONS EXISTING TO SERVE THE NEEDS OF THE PHYSICALLY AND MENTALLY CHALLENGED.

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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 $10,724

Program Service Revenue $0

Investment Income $501,422

Other Revenue $0

TOTAL REVENUE $512,146

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,000

Other Expenses $60,962

TOTAL EXPENSES $66,962

Year-over-Year Comparison

	2024	2023	Change
Revenue	$512,146	$554,567	-0.1%
Expenses	$66,962	$197,088	-0.7%
Net Income	$445,184	$357,479	+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

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

$179,868

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ART CARTER	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN KUNDERT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT DENURE	SECRETARY	1.00	Officer Director	$0	$0	$0
JOE PALOMBI	TREASURER	1.00	Officer Director	$0	$0	$0
ROB HODGSON	DIRECTOR	1.00	Director	$0	$0	$0
RANDY KLEIN	CEO OF GREENCO INDUSTRIES,	0.30	Officer	$0	$27,823	$179,868

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	$512,146	$66,962	$10,725,539	$445,184
2023	$554,567	$197,088	$9,846,247	$357,479
2022	$126,266	$72,519	$9,068,798	$53,747
2021	$343,290	$94,828	$10,169,243	$248,462
2020	$228,792	$75,652	$9,355,652	$153,140
2019	$407,703	$69,361	$8,701,064	$338,342
2018	$445,905	$56,655	$7,608,584	$389,250

GREENCO INDUSTRIES FOUNDATION INC