BALLENISLES CHARITIES FOUNDATION INC (EIN 452653459) - 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

2011

Legal Domicile

Principal Officer

MARK FREEMAN

Phone

5616255761

Tax Period

2024-06-01 to 2025-05-31

BALLENISLES CHARITIES FOUNDATION INC, founded in 2011, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 10% surplus.

Mission

TO CONTRIBUTE TO CHARITABLE ORGANIZATIONS WHICH BENEFIT THE LOCAL COMMUNITY AND ITS CITIZENS

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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 $1,643,674

Program Service Revenue $0

Investment Income $26,576

Other Revenue $0

TOTAL REVENUE $1,670,250

Expense Breakdown

Grants Paid $1,475,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,475,200

Other Expenses $22,191

TOTAL EXPENSES $1,497,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,670,250	$1,270,935	+0.3%
Expenses	$1,497,391	$1,369,399	+0.1%
Net Income	$172,859	$-98,464	-2.8%

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
CHERE GOLDSTEIN	VICE PRESIDENT	15.00	Officer Director	$0	$0	$0
CARL EKSTEIN	SECRETARY	15.00	Officer Director	$0	$0	$0
JODY PASSOV	VICE PRESIDENT	15.00	Officer Director	$0	$0	$0
KEN HORNER	VICE PRESIDENT AND TREASUR	15.00	Officer Director	$0	$0	$0
MARK FREEMAN	PRESIDENT	25.00	Officer Director	$0	$0	$0
DIANE BRILL	DIRECTOR	3.00	Director	$0	$0	$0
ALLEN HIRSCH	DIRECTOR	3.00	Director	$0	$0	$0
LINDA GREENHOUSE	DIRECTOR	3.00	Director	$0	$0	$0
JOEL SCHLESINGER	DIRECTOR	3.00	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	$1,670,250	$1,497,391	$324,840	$172,859
2024	$1,270,935	$1,369,399	$150,502	$-98,464
2023	$1,230,958	$1,252,342	$248,966	$-21,384
2022	$1,192,645	$1,177,782	$271,096	$14,863
2021	$950,400	$819,027	$255,486	$131,373

BALLENISLES CHARITIES FOUNDATION INC