THE JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION (EIN 462943706) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

SHERRIE ARMSTRONG

Phone

8043307400

Tax Period

2023-01-01 to 2023-12-31

THE JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION, founded in 2013, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $153K in total revenue in fiscal year 2018. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $52K, a strong 34% operating margin.

Mission

THE FOUNDATION SUPPORTS LITERARY, SCIENTIFIC, AND EDUCATIONAL PROGRAMS, WITH PREFERENCE GIVEN TO ORGANIZATIONS PRINCIPALLY SERVING HANOVER, CAROLINE AND KING WILLIAM COUNTIES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $20,278

Other Revenue $200,710

TOTAL REVENUE $220,988

Expense Breakdown

Grants Paid $92,257

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $92,257

Other Expenses $22,759

TOTAL EXPENSES $115,016

Year-over-Year Comparison

	2023	2022	Change
Revenue	$220,988	$933,645	-0.8%
Expenses	$115,016	$127,517	-0.1%
Net Income	$105,972	$806,128	-0.9%

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

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

$548,704

Total Directors

$548,704

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FARHAD AGHDAMI	APPOINTED DIRECTOR	0.50	Director	$0	$0	$0
ANNE G CROSS	SECRETARY	0.50	Officer Director	$0	$0	$0
GRAYSON S JOHNSON	APPOINTED DIRECTOR	0.50	Director	$0	$0	$0
J FRANKLIN JONES JR	LEGACY DIRECTOR	0.50	Director	$0	$0	$0
NORMAN L LONG	LEGACY DIRECTOR	0.50	Director	$0	$0	$0
SYLVIA S ACORS	CHAIR	1.00	Officer Director	$0	$0	$0
SHERRIE ARMSTRONG	TREASURER	0.50	Officer Director	$0	$64,424	$548,704

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	$220,988	$115,016	$13,373,527	$105,972
2022	$933,645	$127,517	$13,479,020	$806,128
2021	$192,596	$80,267	$9,034,736	$112,329
2020	$90,948	$62,479	$8,954,043	$28,469
2019	$110,637	$67,067	$8,772,346	$43,570
2018	$152,959	$100,558	$8,697,746	$52,401

THE JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION