MICHAEL P NOSCO FOUNDATION INC (EIN 453794018) - 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

Phone

8054997056

Tax Period

2022-01-01 to 2022-12-31

MICHAEL P NOSCO FOUNDATION INC, founded in 2011, is a small nonprofit in the Human Services sector that reported $179K in total revenue in fiscal year 2022. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $171K left a modest 5% surplus.

Mission

Provide financial relief to families and or individuals who are confroning a life threatening illness in Southern California communities.

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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 (2022)

Revenue Breakdown

Contributions & Grants $172,303

Program Service Revenue $0

Investment Income $3

Other Revenue $7,179

TOTAL REVENUE $179,485

Expense Breakdown

Grants Paid $164,446

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $164,446

Other Expenses $6,690

TOTAL EXPENSES $171,136

Year-over-Year Comparison

	2022	2021	Change
Revenue	$179,485	$113,154	+0.6%
Expenses	$171,136	$104,320	+0.6%
Net Income	$8,349	$8,834	-0.1%

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

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
Jack Nosco	President	10.00	Officer Director	$0	$0	$0
Ramona Evey	Secretary	5.00	Officer Director	$0	$0	$0
Robert LaRosa	Treasurer	2.00	Officer Director	$0	$0	$0
Bob Schulz	Director	1.00	Director	$0	$0	$0
Tom Kattus	Director	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
2022	$179,485	$171,136	$34,495	$8,349
2021	$113,154	$104,320	$26,146	$8,834
2020	$65,578	$70,773	$17,312	$-5,195

MICHAEL P NOSCO FOUNDATION INC