JO MCDONOUGH TRUST

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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

1952

Legal Domicile

Principal Officer

MIDWESTONE BANK

Phone

3192485146

Tax Period

2024-01-01 to 2024-12-31

JO MCDONOUGH TRUST, founded in 1952, is a small nonprofit that reported $107K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $120K exceeded revenue, resulting in a 13% operating deficit.

Mission

SUPPORT THE AMERICAN NATIONAL RED CROSS.

Program Service Accomplishments

Program 1

Expenses: $101,718

IN ACCORDANCE WITH ITS ORGANIZATIONAL DOCUMENTS, ALL NET INCOME WAS PAID TO ITS SUPPORTED ORGANIZATION, THE AMERICAN NATIONAL RED CROSS.

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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 $5,040

Other Revenue $101,620

TOTAL REVENUE $106,660

Expense Breakdown

Grants Paid $101,718

Salaries & Benefits $12,106

Fundraising Expenses $0

Program Expenses $101,718

Other Expenses $6,183

TOTAL EXPENSES $120,007

Year-over-Year Comparison

	2024	2023	Change
Revenue	$106,660	$146,416	-0.3%
Expenses	$120,007	$102,536	+0.2%
Net Income	$-13,347	$43,880	-1.3%

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

N/A

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
MIDWESTONE BANK	TRUSTEE	3.00		$12,106	$0	$12,106

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	$106,660	$120,007	$4,380,481	$-13,347
2023	$146,416	$102,536	$4,531,078	$43,880
2022	$101,424	$91,870	$4,463,272	$9,554
2021	$95,330	$108,505	$4,453,718	$-13,175
2020	$97,174	$98,154	$3,417,123	$-980
2019	$92,861	$105,324	$3,418,103	$-12,463
2018	$90,677	$101,777	$3,367,956	$-11,100