SPALDING CATHOLIC FOUNDATION INC (EIN 421288570) - 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

1986

Legal Domicile

Principal Officer

DAN GOEBEL

Phone

7127564528

Tax Period

2023-01-01 to 2023-12-31

SPALDING CATHOLIC FOUNDATION INC, founded in 1986, is a micro nonprofit that reported $29K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6K, a strong 21% operating margin.

Mission

PROVIDE FUNDING TO SPALDING CATHOLIC SCHOOLS FOR PROJECTS

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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 $100

Program Service Revenue $0

Investment Income $28,436

Other Revenue $0

TOTAL REVENUE $28,536

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,449

Other Expenses $2,449

TOTAL EXPENSES $22,449

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,536	$19,614	+0.5%
Expenses	$22,449	$62,469	-0.6%
Net Income	$6,087	$-42,855	-1.1%

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
BISHOP R WALKER NICKLESS	DIRECTOR	1.00	Director	$0	$0	$0
REV BRAD PELZEL VG	DIRECTOR	1.00	Director	$0	$0	$0
REV DAN GREVING	DIRECTOR	1.00	Director	$0	$0	$0
DALE HANSEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
KENNETH MURPHY	TREASURER	1.00	Officer Director	$0	$0	$0
RICK KELLEN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LOREN VELDHUIZEN	DIRECTOR	1.00	Director	$0	$0	$0
RUTH KONZ	DIRECTOR	1.00	Director	$0	$0	$0
DAN GOERGEN	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN LANGEL	DIRECTOR	1.00	Director	$0	$0	$0
LORIE NUSSBAUM	DIRECTOR	1.00	Director	$0	$0	$0
DAN GOEBEL	SECRETARY	1.00	Officer 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	No data	No data	No data	No data
2023	$28,536	$22,449	$770,261	$6,087
2022	$19,614	$62,469	$711,559	$-42,855
2021	$74,330	$23,081	$864,532	$51,249
2020	$50,811	$21,962	$795,381	$28,849
2019	$26,539	$41,742	$723,776	$-15,203

SPALDING CATHOLIC FOUNDATION INC