MIGHTY ACORN FOUNDATION (EIN 462778460) - 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

2013

Legal Domicile

Principal Officer

DENISE WALSH

Phone

5743616737

Tax Period

2024-01-01 to 2024-12-31

MIGHTY ACORN FOUNDATION, founded in 2013, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $454K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $438K left a modest 3% surplus.

Mission

TO OFFER, CONDUCT, SUPPORT, ENCOURAGE AND/OR ASSIST EDUCATIONAL, CHARITABLE, RELIGIOUS, AND OTHER PROGRAMS AND PROJECTS THAT ARE DIRECTED TOWARDS THE ADVANCEMENT OF EDUCATION, THE RELIEF OF THE POOR AND OTHER CHARITABLE ACTIVITIES.

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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 $453,917

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $453,917

Expense Breakdown

Grants Paid $359,171

Salaries & Benefits $47,090

Fundraising Expenses $8,733

Program Expenses $361,199

Other Expenses $32,170

TOTAL EXPENSES $438,431

Year-over-Year Comparison

	2024	2023	Change
Revenue	$453,917	$579,858	-0.2%
Expenses	$438,431	$527,543	-0.2%
Net Income	$15,486	$52,315	-0.7%

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

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

$43,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE WALSH	PRESIDENT	40.00	Officer	$43,700	$0	$43,700
DAVID DEMARCHIS	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER BREA FREEMAN	BOARD MEMBER	3.00	Director	$0	$0	$0
JONATHAN FREEMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
LYNETTE HEISLER	BOARD MEMBER	2.00	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
2024	$453,917	$438,431	$93,523	$15,486
2023	$579,858	$527,543	$77,908	$52,315
2022	$310,371	$320,625	$25,698	$-10,254
2021	$1,049,013	$1,063,377	$52,912	$-14,364
2020	$453,935	$464,957	$70,353	$-11,022
2019	$478,497	$454,090	$70,849	$24,407
2018	$517,159	$604,483	$44,477	$-87,324

MIGHTY ACORN FOUNDATION