Eureka Foundation (EIN 412155936) - 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

2004

Legal Domicile

Principal Officer

Isaac Boone

Phone

6207500295

Tax Period

2023-01-01 to 2023-12-31

Eureka Foundation, founded in 2004, is a micro nonprofit in the Community Improvement sector that reported $71K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $25K, a strong 36% operating margin.

Mission

To improve the appearance of the community Demolition of abandoned buildings; Painting and repair of buildings Also provide scholarships to Eureka students, & Duplex Rentals

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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 $5,367

Program Service Revenue $45,750

Investment Income $19,852

Other Revenue $0

TOTAL REVENUE $70,969

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $42,261

Other Expenses $45,718

TOTAL EXPENSES $45,718

Year-over-Year Comparison

	2023	2022	Change
Revenue	$70,969	$61,209	+0.2%
Expenses	$45,718	$52,119	-0.1%
Net Income	$25,251	$9,090	+1.8%

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
Isaac Boone	President	5.00	Officer	$0	$0	$0
Matt Wilson	Secretary	5.00	Officer	$0	$0	$0
Jamie Lindamood	Treasurer	5.00	Officer	$0	$0	$0
Craig Olson	Vice-President	2.00	Officer	$0	$0	$0
Scott Hoyt	Board Member	2.00	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
2023	$70,969	$45,718	$873,979	$25,251
2022	$61,209	$52,119	$937,331	$9,090
2021	$63,697	$53,508	$927,488	$10,189
2020	$61,220	$72,630	$926,499	$-11,410
2019	$77,222	$90,626	$722,210	$-13,404
2018	$334,998	$47,926	$921,222	$287,072

Eureka Foundation