ONELEGACY FOUNDATION (EIN 452936915) - 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

THOMAS MONE

Phone

2132295600

Tax Period

2023-01-01 to 2023-12-31

ONELEGACY FOUNDATION, founded in 2011, is a community nonprofit in the Health Care sector that reported $4.3M in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $6.0M exceeded revenue, resulting in a 40% operating deficit.

Mission

THE ONELEGACY FOUNDATION WAS CREATED TO SUPPORT THE MISSION OF ONELEGACY IN RAISING FUNDS AND EDUCATION AND PROVIDING HEALING TO THE FAMILIES WE SERVE.

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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 $3,308,109

Program Service Revenue $205,598

Investment Income $803,957

Other Revenue $0

TOTAL REVENUE $4,317,664

Expense Breakdown

Grants Paid $975,467

Salaries & Benefits $1,359,597

Fundraising Expenses $0

Program Expenses $4,830,605

Other Expenses $3,708,364

TOTAL EXPENSES $6,043,428

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,317,664	$6,075,546	-0.3%
Expenses	$6,043,428	$12,095,803	-0.5%
Net Income	$-1,725,764	$-6,020,257	-0.7%

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

Volunteers

225

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

$2,676,835

Total Directors

$1,502,782

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHOWDARY P GARIMELLA	CEO	20.00	Officer Director	$0	$142,882	$1,259,032
WILLIAM CHERTOK	DIRECTOR	0.25	Director	$0	$0	$62,500
TOM ROSENTHAL MD	DIRECTOR	0.25	Director	$0	$0	$40,000
GLORIA BOHRER	SECRETARY	0.25	Officer Director	$0	$0	$35,000
ROBERT BLACKMAN	DIRECTOR	0.25	Director	$0	$0	$25,000
JAMES ATKINSON	CHAIR OF THE BOARD	0.25	Officer Director	$0	$0	$81,250
THOMAS D MONE	CHIEF EXTERNAL AFFAIRS OFFICER AND V	40.00	Officer	$603,366	$105,010	$708,376
CYNTHIA M PERLEY	CFO	20.00	Officer	$0	$89,413	$593,177
E'TIFFANY JONES	COMMUNICATIONS MANAGER	40.00	Highest	$125,425	$29,114	$154,539

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	$4,317,664	$6,043,428	$29,200,104	$-1,725,764
2022	$6,075,546	$12,095,803	$29,070,719	$-6,020,257
2021	$4,305,884	$3,653,703	$43,511,180	$652,181
2020	$729,438	$2,859,444	$40,478,737	$-2,130,006
2019	$7,778,630	$5,699,167	$39,620,178	$2,079,463
2018	$13,139,345	$3,695,629	$36,000,379	$9,443,716

ONELEGACY FOUNDATION