FRIENDS OF VANCOUVER FOUNDATION (EIN 460523096) - 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

2009

Legal Domicile

Principal Officer

Kevin McCort

Phone

6046882204

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF VANCOUVER FOUNDATION, founded in 2009, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 199% from the prior year, signaling strong growth momentum. Expenses of $3.5M left a modest 14% surplus.

Mission

Established to facilitate donations from the United States of America. The organization is only permitted to make grants to and support charitable activities of the Vancouver Foundation.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,051,515

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,051,515

Expense Breakdown

Grants Paid $3,469,834

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,471,452

Other Expenses $1,618

TOTAL EXPENSES $3,471,452

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,051,515	$1,355,857	+2.0%
Expenses	$3,471,452	$1,375,264	+1.5%
Net Income	$580,063	$-19,407	-30.9%

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

$478,134

Total Directors

$478,134

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Kevin McCort	President and Director	Officer Director	$0	$9,084	$292,221
Eugene Lee	Vice President and Secretary and Treasurer and Director	Officer Director	$0	$20,528	$185,913
Roger Lee	Director	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
2025	No data	No data	No data	No data
2024	$4,051,515	$3,471,452	$580,549	$580,063
2023	$1,355,857	$1,375,264	$184	$-19,407
2022	$624,405	$684,976	$20,173	$-60,571
2021	$380,445	$300,912	$81,332	$79,533
2020	$2,787,551	$2,787,841	$629	$-290

FRIENDS OF VANCOUVER FOUNDATION