The Michael Matters Foundation Inc

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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

2012

Legal Domicile

Phone

8479189100

Tax Period

2019-01-01 to 2019-12-31

The Michael Matters Foundation Inc, founded in 2012, is a small nonprofit in the Medical Research sector that reported $174K in total revenue in fiscal year 2019.

Mission

To increase publics awareness of the Glioblastoma Brain Tumor.To support research to find a cure. To provide emotional and financial support for families who suffer from diseases impact.

Program Service Accomplishments

Program 1

Expenses: $169,000

Foundation funded grants to provide financial assistance to patients with malignant gliomas receiving care at NorthShore Kellogg Cancer Center and supporting the Musella Foundation.

Program 2

Revenue: $138,923

Foundation organizes fund raisers to increase awareness of Glioblastoma Brain Tumors and to support those people and families affected by the disease.

Program 3

Foundation organizes an annual Fundraiser to increase awareness of Glioblastoma Brain Tumors and to support those people and families affected.

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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 (2019)

Revenue Breakdown

Contributions & Grants $34,614

Program Service Revenue $0

Investment Income $0

Other Revenue $138,923

TOTAL REVENUE $173,537

Expense Breakdown

Grants Paid $169,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $169,000

Other Expenses $5,091

TOTAL EXPENSES $174,091

Year-over-Year Comparison

	2019	2018	Change
Revenue	$173,537	N/A	N/A
Expenses	$174,091	N/A	N/A
Net Income	$-554	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

N/A

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
Ret Senator James F Clayborn	Director	2.00	Director	$0	$0	$0
Mary S Schostock	Director	5.00	Director	$0	$0	$0
Louis C Cairo	Director	2.00	Director	$0	$0	$0
Ryan Thomas Merrell	Director	2.00	Director	$0	$0	$0
William E Krauss	Director	2.00	Director	$0	$0	$0
Lawrence Fisher	Director	2.00	Director	$0	$0	$0
Richard H Kolb III	Director	2.00	Director	$0	$0	$0
Michael J Schostok	Director	2.00	Director	$0	$0	$0
Johnathan Kiwala	Director	2.00	Director	$0	$0	$0
Marisa Schostok Buckley	President	5.00		$0	$0	$0
Matthew L Williams	Vice President	5.00		$0	$0	$0
Jackie Bange	Secretary	2.00		$0	$0	$0
Richard H Kolb Jr	Treasurer	5.00		$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
2019	$173,537	$174,091	$92,077	$-554