DoughMain Financial Literacy Foundation Inc

EIN: 461135282 501(c)(3) Human Services

Princeton, NJ

Total Revenue
$228,442
Total Expenses
$221,421
Total Assets
$58,038
Net Assets
$18,498
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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
2010
Legal Domicile
NJ
Principal Officer
Kenneth Damato
Phone
6095713300
Tax Period
2023-01-01 to 2023-12-31

DoughMain Financial Literacy Foundation Inc, founded in 2010, is a small nonprofit in the Human Services sector that reported $228K in total revenue in fiscal year 2023. Expenses of $221K left a modest 3% surplus.

Mission

DoughMain Finacnial Literacy Foundation seeks to improve financial litercy rates for children attending middle and highs school.

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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 (2023)

Revenue Breakdown

Contributions & Grants $228,442
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $228,442

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,224
Fundraising Expenses $64,025
Program Expenses $143,146
Other Expenses $194,197
TOTAL EXPENSES $221,421

Year-over-Year Comparison

2023 2022 Change
Revenue $228,442 N/A N/A
Expenses $221,421 N/A N/A
Net Income $7,021 N/A N/A
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
7
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth Damato Trustee 10.00
Director Key Emp
$0 $0 $0
Steve Bergida Trustee & Treasurer 1.00
Director Key Emp
$0 $0 $0
Maria Passannane-Derr Trustee 1.00
Director
$0 $0 $0
Carol ann Fernandez Trustee 1.00
Director
$0 $0 $0
Matthew Allan Trustee 1.00
Director
$0 $0 $0
Rob Michel Trustee 1.00
Director
$0 $0 $0
Peter Hand Trustee 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
2023 $228,442 $221,421 $58,038 $7,021
2021 $260,996 $195,606 $122,443 $65,390
2020 $168,189 $239,675 $57,317 $-71,486
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