COLE FOUNDATION INC (EIN 455417308) - Form 990 Financial Analysis & Trantor Score

🔒

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

2012

Legal Domicile

Principal Officer

JANIE HILFIGER

Phone

8142749300

Tax Period

2021-07-01 to 2022-06-30

COLE FOUNDATION INC, founded in 2012, is a small nonprofit in the Health Care sector that reported $195K in total revenue in fiscal year 2021. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $235K exceeded revenue, resulting in a 20% operating deficit.

Mission

COLE FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO SUPPORTING AND ENHANCING THE WORK OF UPMC COLE. SEE SCHEDULE O FOR ADDITIONAL INFO.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $181,030

Program Service Revenue $0

Investment Income $135

Other Revenue $14,273

TOTAL REVENUE $195,438

Expense Breakdown

Grants Paid $74,062

Salaries & Benefits $86,580

Fundraising Expenses $0

Program Expenses $220,132

Other Expenses $74,557

TOTAL EXPENSES $235,199

Year-over-Year Comparison

	2021	2020	Change
Revenue	$195,438	$692,526	-0.7%
Expenses	$235,199	$218,303	+0.1%
Net Income	$-39,761	$474,223	-1.1%

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

Employees

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

$1,308,499

Total Directors

$1,411,438

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY FOUST DO	VICE CHAIR	1.0	Officer Director	$0	$64,193	$919,220
JANIE HILFIGER	ASSIST SECRETARY/TREASURER	1.0	Officer Director	$0	$34,303	$317,105
EDWARD PITCHFORD	ASSIST SECRETARY/TREASURER	0.0		$0	$0	$292,699
AMY HUNT	EX OFFICIO	1.0	Director	$0	$29,668	$175,113
ANDREA STREICH	EXECUTIVE DIRECTOR	32.0	Officer	$0	$4,186	$72,174
AMI FOUST	DIRECTOR	1.0	Director	$0	$0	$0
KAREN LARSEN	CHAIR	1.0	Officer Director	$0	$0	$0
CLIFF WOOD	DIRECTOR	1.0	Director	$0	$0	$0
SAMUEL LUSH	DIRECTOR	1.0	Director	$0	$0	$0
JOSH COSTA	DIRECTOR	1.0	Director	$0	$0	$0
ROBERT SMITH	DIRECTOR	1.0	Director	$0	$0	$0
DAVID ERRICK	SECRETARY/TREASURER	1.0	Officer 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	$195,438	$235,199	$2,362,233	$-39,761
2021	$692,526	$218,303	$2,554,205	$474,223
2020	$123,935	$115,937	$1,543,585	$7,998
2019	$175,827	$204,506	$1,491,125	$-28,679
2018	$317,953	$141,628	$1,304,154	$176,325

COLE FOUNDATION INC