HULL COMMUNITY FOUNDATION (EIN 421495017) - 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

Principal Officer

JOHN DE KOSTER

Tax Period

2024-01-01 to 2024-12-31

HULL COMMUNITY FOUNDATION is a micro nonprofit in the Community Improvement sector that reported $38K in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $383K exceeded revenue, resulting in a 896% operating deficit.

Mission

TO PROMOTE SUPPORT FOR THE 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $38,415

Other Revenue $0

TOTAL REVENUE $38,415

Expense Breakdown

Grants Paid $381,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $382,775

Other Expenses $975

TOTAL EXPENSES $382,775

Year-over-Year Comparison

	2024	2023	Change
Revenue	$38,415	$400,866	-0.9%
Expenses	$382,775	$24,850	+14.4%
Net Income	$-344,360	$376,016	-1.9%

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
GLENDA BONESTROO	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN DOUMA	DIRECTOR	1.00	Director	$0	$0	$0
JIM EEKHOFF	DIRECTOR	1.00	Director	$0	$0	$0
JOHN DE KOSTER	PRESIDENT	1.00	Officer Director	$0	$0	$0
LOREN REYELTS	DIRECTOR	1.00	Director	$0	$0	$0
PHYLLIS UITTENBOGAARD	TREASURER	1.00	Officer Director	$0	$0	$0
GARY WESTRA	VICE PRESIDE	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
2025	No data	No data	No data	No data
2024	$38,415	$382,775	$1,119,065	$-344,360
2023	$400,866	$24,850	$1,463,425	$376,016
2022	$20,986	$20,775	$1,087,409	$211
2021	$20,771	$24,450	$1,087,198	$-3,679
2020	$24,993	$22,675	$1,090,877	$2,318
2019	$25,171	$24,240	$1,088,559	$931
2018	$20,343	$21,650	$1,087,628	$-1,307

HULL COMMUNITY FOUNDATION