WITHUMSMITHBROWN STAFF HARDSHIP RELIEF FUND INC (EIN 461391826) - 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

2013

Legal Domicile

Principal Officer

PATRICK WALSH CPA MBA

Phone

6095201188

Tax Period

2023-01-01 to 2023-12-31

WITHUMSMITHBROWN STAFF HARDSHIP RELIEF FUND INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $367K in total revenue in fiscal year 2023. The organization ran a surplus of $202K, a strong 55% operating margin.

Mission

THE ORGANIZATION PROVIDES ASSISTANCE TO INDIVIDUALS DUE TO AN EMERGENCY OR OTHER UNFORSEEN SITUATION; AWARDS SCHOLARSHIPS AND HELPS INDIVIDUALS WITH STUDENT LOAN FORGIVENESS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $343,201

Program Service Revenue $0

Investment Income $23,960

Other Revenue $0

TOTAL REVENUE $367,161

Expense Breakdown

Grants Paid $165,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $165,500

Other Expenses $0

TOTAL EXPENSES $165,500

Year-over-Year Comparison

	2023	2022	Change
Revenue	$367,161	$342,455	+0.1%
Expenses	$165,500	$183,665	-0.1%
Net Income	$201,661	$158,790	+0.3%

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

N/A

Volunteers

N/A

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
PATRICK WALSH CPA MBA	PRESIDENT - TRUSTEE	1.0	Officer Director	$0	$0	$0
JOHN MORTENSON CPA	SECRETARY - TRUSTEE	1.0	Officer Director	$0	$0	$0
CHRISTOPHER DEMAYO CPA MBA	TREASURER - TRUSTEE	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
2024	No data	No data	No data	No data
2023	$367,161	$165,500	$1,673,441	$201,661
2022	$342,455	$183,665	$1,228,903	$158,790
2021	$238,600	$220,876	$1,310,228	$17,724
2020	$318,372	$34,185	$1,059,271	$284,187
2019	$132,850	$31,314	$686,576	$101,536
2018	$171,553	$68,789	$539,561	$102,764

WITHUMSMITHBROWN STAFF HARDSHIP RELIEF FUND INC