BERGELECTRIC CHARITABLE FOUNDATION (EIN 455082239) - 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

2012

Legal Domicile

Principal Officer

ALAN MASHBURN

Phone

7606382374

Tax Period

2021-01-01 to 2021-12-31

BERGELECTRIC CHARITABLE FOUNDATION, founded in 2012, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $231K in total revenue in fiscal year 2021. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $313K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO SUPPORT AND PROMOTE LOCAL INITIATIVES AND CHARITABLE ORGANIZATIONS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $231,343

Program Service Revenue $0

Investment Income $2

Other Revenue $0

TOTAL REVENUE $231,345

Expense Breakdown

Grants Paid $300,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $300,500

Other Expenses $12,493

TOTAL EXPENSES $312,993

Year-over-Year Comparison

	2021	2020	Change
Revenue	$231,345	$337,640	-0.3%
Expenses	$312,993	$252,894	+0.2%
Net Income	$-81,648	$84,746	-2.0%

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

N/A

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

$2,143,873

Total Directors

$2,143,873

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM WINGERNING	PRESIDENT	1.00	Officer Director	$0	$26,117	$479,002
ALAN MASHBURN	TREASURER/SECRETARY	1.00	Officer Director	$0	$31,353	$1,664,871

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
2021	$231,345	$312,993	$261,437	$-81,648
2020	$337,640	$252,894	$343,085	$84,746
2019	$391,999	$233,691	$258,339	$158,308
2018	$248,989	$220,847	$100,031	$28,142

BERGELECTRIC CHARITABLE FOUNDATION