TUSK CHARITABLE FOUNDATION INC FORMERLY TUSK MONTGOMERY CHAR FOUND INC (EIN 471642059) - 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

GABRIEL TUSK

Phone

2122590581

Tax Period

2023-01-01 to 2023-12-31

TUSK CHARITABLE FOUNDATION INC FORMERLY TUSK MONTGOMERY CHAR FOUND INC, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $399K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $574K exceeded revenue, resulting in a 44% operating deficit.

Mission

The purpose of the Foundation is make funds available exclusively to a broad range of section 501(c)(3) Public Charities whose needs correspond to the philanthropic goals of its founders and come within the charitable purposes outlined in section 501(c)(3) of the Internal Revenue Code.

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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 (2023)

Revenue Breakdown

Contributions & Grants $399,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $399,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $340,148

Fundraising Expenses $0

Program Expenses $565,880

Other Expenses $233,667

TOTAL EXPENSES $573,815

Year-over-Year Comparison

	2023	2022	Change
Revenue	$399,000	$806,938	-0.5%
Expenses	$573,815	$633,586	-0.1%
Net Income	$-174,815	$173,352	-2.0%

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

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	Role	Reportable Comp	Other Comp	Total
BRADLEY TUSK	President	Officer Director	$0	$0	$0
GABRIEL TUSK	Treasurer	Officer Director	$0	$0	$0
HARPER MONTGOMERY	Director	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	$399,000	$573,815	$2,150	$-174,815
2022	$806,938	$633,586	$176,965	$173,352

TUSK CHARITABLE FOUNDATION INC FORMERLY TUSK MONTGOMERY CHAR FOUND INC