DEMOLAY FOUNDATION INC (EIN 430893446) - 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

1948

Legal Domicile

Principal Officer

ALAN KELVIN

Phone

8168918333

Tax Period

2023-01-01 to 2023-12-31

DEMOLAY FOUNDATION INC, founded in 1948, is a small nonprofit in the Youth Development sector that reported $357K in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $553K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO PROVIDE SCHOLARSHIPS AND OTHER LEADERSHIP OPPORTUNITIES FOR YOUTH INVOLVED IN DEMOLAY.

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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 $149,116

Program Service Revenue $0

Investment Income $144,105

Other Revenue $63,603

TOTAL REVENUE $356,824

Expense Breakdown

Grants Paid $226,047

Salaries & Benefits $0

Fundraising Expenses $96,812

Program Expenses $228,861

Other Expenses $239,887

TOTAL EXPENSES $552,934

Year-over-Year Comparison

	2023	2022	Change
Revenue	$356,824	$200,869	+0.8%
Expenses	$552,934	$423,409	+0.3%
Net Income	$-196,110	$-222,540	-0.1%

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

500

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
GEORGE BRAATZ	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN DODSON	TRUSTEE	1.00	Director	$0	$0	$0
AARON HABBEN	TRUSTEE	1.00	Director	$0	$0	$0
FRED BAERENZ	TRUSTEE	1.00	Director	$0	$0	$0
ALLAN IDING	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN DOAN	TREASURER	1.00	Officer Director	$0	$0	$0
LOUIS CAMPBELL	SECRETARY	1.00	Officer Director	$0	$0	$0
RICHARD LYNN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMES MCGEE	PRESIDENT	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	$356,824	$552,934	$7,221,097	$-196,110
2022	$200,869	$423,409	$6,640,461	$-222,540
2021	$488,340	$544,033	$7,965,451	$-55,693
2020	$489,360	$628,101	$7,175,303	$-138,741
2019	$319,025	$461,663	$6,987,331	$-142,638
2018	$409,799	$362,899	$6,124,844	$46,900

DEMOLAY FOUNDATION INC