THE GIBBS FOUNDATION INC (EIN 465391268) - 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

2014

Legal Domicile

Principal Officer

LEE GROZA

Phone

5025891000

Tax Period

2024-01-01 to 2024-12-31

THE GIBBS FOUNDATION INC, founded in 2014, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

THE GIBBS FOUNDATION'S PURPOSE IS TO PROVIDE FUNDS TO ORGANIZATIONS QUALIFYING AS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS STIPULATED BY THE GIBBS FOUNDATION CRITERIA.

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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 $1,945,000

Program Service Revenue $0

Investment Income $129,215

Other Revenue $0

TOTAL REVENUE $2,074,215

Expense Breakdown

Grants Paid $2,218,250

Salaries & Benefits $12,750

Fundraising Expenses $0

Program Expenses $2,218,250

Other Expenses $18,948

TOTAL EXPENSES $2,249,948

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,074,215	$2,230,959	-0.1%
Expenses	$2,249,948	$3,263,977	-0.3%
Net Income	$-175,733	$-1,033,018	-0.8%

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

$12,750

Total Directors

$12,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK A MOSS JR	DIRECTOR	1.00	Director	$0	$0	$0
HANNAH ROQUET	SECRETARY	1.00	Officer Director	$12,750	$0	$12,750
LEE GROZA	CHAIRMAN/TREASURER	1.00	Officer Director	$0	$0	$0
ANN D SCHELL	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JAMES E MOORE III	DIRECTOR	1.00	Director	$0	$0	$0
IVAN SCHELL	DIRECTOR	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
2024	$2,074,215	$2,249,948	$953,760	$-175,733
2023	$2,230,959	$3,263,977	$1,119,381	$-1,033,018
2022	$867,766	$1,147,612	$2,152,399	$-279,846
2022	$867,766	$1,147,612	$2,152,399	$-279,846
2021	$143,627	$788,090	$2,432,221	$-644,463
2020	$2,765,049	$474,116	$3,080,016	$2,290,933
2018	$1,124,367	$424,488	$960,676	$699,879

THE GIBBS FOUNDATION INC