JAMES W FOLEY LEGACY FOUNDATION INC (EIN 471759388) - 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

DIANE M FOLEY

Phone

8008037010

Tax Period

2023-01-01 to 2023-12-31

JAMES W FOLEY LEGACY FOUNDATION INC, founded in 2014, is a small nonprofit in the Human Services sector that reported $574K in total revenue in fiscal year 2023. Expenses of $664K exceeded revenue, resulting in a 16% operating deficit.

Mission

INSPIRED BY THE LIFE, WORK, AND MORAL COURAGE OF AMERICAN JOURNALIST, EDUCATOR, AND HUMANITARIAN JAMES W. FOLEY, THE FOLEY FOUNDATION ADVOCATES FOR THE FREEDOM OF INNOCENT US NATIONALS HELD CAPTIVE ABROAD AND PROMOTE JOURNALIST SAFETY. TO DO THIS, WE CONDUCT UNIQUE AND AUTHORITATIVE RESEARCH ABOUT HOSTAGE-TAKING. WE USE DATA ABOUT ISSUES AND STRUCTURED INTERVIEWS THAT CAPTURE THE LIVED EXPERIENCES OF HOSTAGE FAMILIES AND THOSE WHO HAVE RETURNED FROM CAPTIVITY TO INFORM THE PUBLIC AND POLICYMAKERS. WE MAKE LEGISLATIVE AND POLICY RECOMMENDATIONS FOR REFORMS THAT WILL BRING MORE AMERICANS HOME MORE QUICKLY, SUPPORT VICTIMS, AND ULTIMATELY DETER AND PREVENT THE SCOURGE OF HOSTAGE-TAKING.

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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 $319,472

Program Service Revenue $0

Investment Income $21,540

Other Revenue $232,711

TOTAL REVENUE $573,723

Expense Breakdown

Grants Paid $0

Salaries & Benefits $381,903

Fundraising Expenses $177,571

Program Expenses $409,557

Other Expenses $282,471

TOTAL EXPENSES $664,374

Year-over-Year Comparison

	2023	2022	Change
Revenue	$573,723	$561,255	+0.0%
Expenses	$664,374	$540,233	+0.2%
Net Income	$-90,651	$21,022	-5.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE M FOLEY	PRESIDENT	40.00	Officer Director	$0	$0	$0
PETER VENTURA	TREASURER	2.00	Officer Director	$0	$0	$0
ELLEN SHEARER	CHAIR	2.00	Officer Director	$0	$0	$0
JERE VAN DYK	BOARD MEMBER	2.00	Director	$0	$0	$0
ALI SOUFAN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
CHRISTOPHER COSTA	BOARD MEMBER	2.00	Director	$0	$0	$0
RANA H ALTENBURG	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVID LEVINSON	BOARD MEMBER	2.00	Director	$0	$0	$0
FERNANDO COLINA	BOARD MEMBER	2.00	Director	$0	$0	$0
RICHARD GINGRAS	BOARD MEMBER	2.00	Director	$0	$0	$0
NEDA SHARGHI SALEHI	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK DONIG	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	No data	No data	No data	No data
2023	$573,723	$664,374	$933,310	$-90,651
2022	$561,255	$540,233	$966,139	$21,022
2021	$477,958	$449,037	$1,045,322	$28,921
2020	$387,938	$363,231	$933,486	$24,707
2019	$399,800	$417,847	$834,552	$-18,047
2018	$339,183	$348,443	$852,559	$-9,260

JAMES W FOLEY LEGACY FOUNDATION INC