The Hargrove Foundation Inc

🔒

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

2011

Legal Domicile

Principal Officer

John E B Shell

Phone

2513755657

Tax Period

2024-01-01 to 2024-12-31

The Hargrove Foundation Inc, founded in 2011, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $741K in total revenue in fiscal year 2024. The organization ran a surplus of $334K, a strong 45% operating margin.

Mission

The mission of The Hargrove Foundation, Inc. is to identify charitable causes and organizations in local communities where we can have an impact on lives by giving of our resources and talents to bring greater opportunities for success and development.

Program Service Accomplishments

Program 1

Expenses: $22,500 Revenue: $0

Contributions to an interfaith religeous organization dedicated to job training abd skills development for under served individuals. The organization also has a program for recycling used electronics.

Program 2

Expenses: $47,707 Revenue: $0

Contributions to hurrican relief programs

Program 3

Expenses: $12,500 Revenue: $0

Contributions to the local chapter of the Downtown Parks Conservancy dedicated to enhancing the beauty and utilization of downtown parks in Mobile Alabama.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $473,409

Program Service Revenue $0

Investment Income $47,656

Other Revenue $219,752

TOTAL REVENUE $740,817

Expense Breakdown

Grants Paid $392,764

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $392,764

Other Expenses $13,584

TOTAL EXPENSES $406,348

Year-over-Year Comparison

	2024	2023	Change
Revenue	$740,817	$747,225	0.0%
Expenses	$406,348	$440,504	-0.1%
Net Income	$334,469	$306,721	+0.1%

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

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
Micki	Kohn	5.00	Officer Director	$0	$0	$0
Ralph	Hargrove	5.00	Director	$0	$0	$0
John B	Shell	5.00	Director	$0	$0	$0
Dennis	Watson	1.00	Director	$0	$0	$0
Sally	Steadman	1.00	Director	$0	$0	$0
Leta	Walton	1.00	Director	$0	$0	$0
Karen	Griffin	1.00	Director	$0	$0	$0
Vicki	Studstill	5.00	Director	$0	$0	$0
Travis	Odom	5.00	Officer Director	$0	$0	$0
Jeff	Drinkard	1.00	Director	$0	$0	$0
Tem	McGallagher	1.00	Director	$0	$0	$0
Kalyn	Andrews	1.00	Director	$0	$0	$0
David	Funes	1.00	Director	$0	$0	$0
Wes	Harris	1.00	Director	$0	$0	$0
Sarah	White	1.00	Director	$0	$0	$0
Martin	Bretschneider	1.00	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	No data	No data	No data	No data
2024	$740,817	$406,348	$2,524,117	$334,469
2023	$747,225	$440,504	$2,038,475	$306,721
2022	$632,646	$345,512	$1,604,980	$287,134
2021	$558,230	$297,103	$1,465,809	$261,127
2020	$516,175	$411,750	$1,170,683	$104,425
2019	$590,690	$347,766	$927,414	$242,924
2018	$655,818	$444,167	$612,332	$211,651