THE TEARS FOUNDATION (EIN 450500497) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

THE TEARS FOUNDATION, founded in 2002, is a small nonprofit in the Human Services sector that reported $674K in total revenue in fiscal year 2023. Expenses of $905K exceeded revenue, resulting in a 34% operating deficit.

Mission

TO COMPASSIONATELY ASSIST BEREAVED PARENTS WITH EMOTIONAL SUPPORT AND FINANCIAL ASSISTANCE FOR FUNERAL EXPENSES WHEN THEIR PRECIOUS CHILD DIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $370,357

Program Service Revenue $0

Investment Income $2,064

Other Revenue $301,448

TOTAL REVENUE $673,869

Expense Breakdown

Grants Paid $179,303

Salaries & Benefits $279,836

Fundraising Expenses $93,154

Program Expenses $676,609

Other Expenses $445,841

TOTAL EXPENSES $904,980

Year-over-Year Comparison

	2023	2022	Change
Revenue	$673,869	$689,344	0.0%
Expenses	$904,980	$913,672	0.0%
Net Income	$-231,111	$-224,328	+0.0%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

1000

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
ELIZABETH OREILLY	DIRECTOR	2.00	Director	$0	$0	$0
BETHANY DAVISON	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL STEFFARO	DIRECTOR	2.00	Director	$0	$0	$0
SARAH SLACK	PRESIDENT AND EXECUTIVE DIREC	50.00	Officer	$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	No data	No data	No data	No data
2023	$673,869	$904,980	$842,804	$-231,111
2022	$689,344	$913,672	$997,437	$-224,328
2021	$809,369	$722,222	$1,130,921	$87,147
2020	$666,447	$699,799	$1,022,349	$-33,352

THE TEARS FOUNDATION