GARCES FAMILY FOUNDATION

EIN: 453555133 501(c)(3) Human Services

PHILADELPHIA, PA

Total Revenue
$444,097
Total Expenses
$480,145
Total Assets
$266,317
Net Assets
$246,551
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
PA
Principal Officer
ROBIN MORRIS
Phone
2672847905
Tax Period
2024-01-01 to 2024-12-31

GARCES FAMILY FOUNDATION, founded in 2011, is a small nonprofit in the Human Services sector that reported $444K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.

Mission

The Garces Foundation is a community-based, non-profit organization committed to providing Philadelphias immigrant population the healthcare, education, and support to empower them to fulfill their potential as citizens and enjoy the highest possible quality of life.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $455,829
Program Service Revenue $27,985
Investment Income $448
Other Revenue $-40,165
TOTAL REVENUE $444,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $241,581
Fundraising Expenses $77,243
Program Expenses $318,441
Other Expenses $238,564
TOTAL EXPENSES $480,145

Year-over-Year Comparison

2024 2023 Change
Revenue $444,097 $551,235 -0.2%
Expenses $480,145 $498,128 0.0%
Net Income $-36,048 $53,107 -1.7%
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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Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
71

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
5
$108,673
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBIN MORRIS EXECUTIVE DIRECTOR 40.00
Officer
$97,052 $11,621 $108,673
DAVID WEISBERG BOARD CHAIR 4.00
Officer Director
$0 $0 $0
LUCERO PIZANO-ORTIZ BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
CHRIS PAPPO BOARD TREASURER 1.00
Officer Director
$0 $0 $0
ADAM BONIN COUNSEL 1.00
Officer Director
$0 $0 $0
JUDY MOORE MEMBER 1.00
Director
$0 $0 $0
JEFF KRISCIUNAS MEMBER 2.00
Director
$0 $0 $0
DEREK CONOVER MEMBER 1.00
Director
$0 $0 $0
MICHAEL CAPRIOTTI MEMBER 1.00
Director
$0 $0 $0
GREGG MOHRMANN MEMBER 1.00
Director
$0 $0 $0
MARK LERNER MEMBER 1.00
Director
$0 $0 $0
RAUL BERIO-DORTA MEMBER 1.00
Director
$0 $0 $0
MARK KOGAN MEMBER 1.00
Director
$0 $0 $0
BEATRIZ GARCES EX-OFFICIO 5.00
Director
$0 $0 $0
JOSE GARCES EX-OFFICIO 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
2024 $444,097 $480,145 $266,317 $-36,048
2023 $551,235 $498,128 $293,442 $53,107
2022 $395,616 $582,443 $263,214 $-186,827
2021 $550,261 $572,363 $430,957 $-22,102
2020 $2,550,948 $2,130,084 $441,280 $420,864
2019 $249,464 $259,565 $53,030 $-10,101
2018 $546,839 $584,152 $39,861 $-37,313
2018 $355,791 $343,112 $45,206 $12,679
2017 $603,086 $609,607 $51,918 $-6,521
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