DoughMain Financial Literacy Found… - Form 990 Financial Data

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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

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.

Program Service Accomplishments

Program 1

Expenses: $143,146 Revenue: $0

DoughMain Financial Literacy Foundation seeks to improve financial litreacy for children in midd and high schools.

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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 (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

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
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

DoughMain Financial Literacy Foundation Inc