REMNANT FOUNDATION (EIN 412011402) - 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

2001

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

REMNANT FOUNDATION, founded in 2001, is a small nonprofit in the Religion sector that reported $328K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $460K exceeded revenue, resulting in a 40% operating deficit.

Mission

The Distribution of Religious Information Through Book Publishing Conferences and Educational Tours.

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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 $169,224

Program Service Revenue $149,597

Investment Income $8,889

Other Revenue $0

TOTAL REVENUE $327,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $447,565

Other Expenses $460,176

TOTAL EXPENSES $460,176

Year-over-Year Comparison

	2023	2022	Change
Revenue	$327,710	$359,881	-0.1%
Expenses	$460,176	$379,347	+0.2%
Net Income	$-132,466	$-19,466	+5.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael J Matt	President	10.00	Officer	$0	$0	$0
Carol B Matt	Treasurer	2.00	Officer	$0	$0	$0
James L Mills	Vice President	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	$327,710	$460,176	$383,833	$-132,466
2023	$359,881	$379,347	$506,464	$-19,466
2022	$243,243	$217,274	$525,930	$25,969
2021	$417,354	$67,075	$526,752	$350,279

REMNANT FOUNDATION