Harry Dallara Memorial Foundation Inc co Charles Dallara

EIN: 472102968 501(c)(3) Philanthropy & Grantmaking

New York, NY

Total Revenue
$205,352
Total Expenses
$42,686
Total Assets
$531,057
Net Assets
$531,057
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NC
Phone
2129082606
Tax Period
2024-01-01 to 2024-12-31

Harry Dallara Memorial Foundation Inc co Charles Dallara, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $205K in total revenue in fiscal year 2024. Revenue surged 156% from the prior year, signaling strong growth momentum. The organization ran a surplus of $163K, a strong 79% operating margin.

Mission

THE HARRY DALLARA MEMORIAL FOUNDATION WAS ESTABLISHED TO HONOR THE LIFE AND MEMORY OF HARRY ANTHONY JOSEPH DALLARA (1917-2012) BY SUPPORTING ADDITIONS AND UPGRADES TO HARMON FIELD IN TRYON, NORTH CAROLINA. THE IMPROVEMENTS ARE INTENDED TO ENHANCE THE ENJOYMENT OF THOSE WHO MAKE USE OF HARMON FIELD, TO PROMOTE ADDITIONAL INTEREST IN THIS FAMILY-ORIENTED ATHLETIC FACILITY, AND TO BUILD BRIDGES ACROSS ALL PARTS OF THE TRYON COMMUNITY AND THE PIEDMONT REGION. WE WOULD LIKE TO INCREASE THE USE OF HARMON FIELD BY CREATING OPPORTUNITIES FOR INDIVIDUALS FROM A BROADER RANGE OF SOCIOECONOMIC AND ETHNIC BACKGROUNDS, RESULTING IN THE FACILITY'S BECOMING AN EXPANDED RESOURCE FOR THE ENTIRE COMMUNITY. WE PROPOSE TO WORK THROUGH AREA CHURCHES, CIVIC ORGANIZATIONS, AND PRIVATE BUSINESSES TO INCREASE PARTICIPATION IN LOCAL SPORTS LEAGUES, THEREBY INVOLVING A LARGER PORTION OF THE COMMUNITY BY INCREASING THE ATHLETIC AND COMMUNITY-BUILDING OPPORTUNITIES FOR RESIDENTS OF THE GREATER PIEDMONT REGION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $181,000
Program Service Revenue $0
Investment Income $23,173
Other Revenue $1,179
TOTAL REVENUE $205,352

Expense Breakdown

Grants Paid $5,200
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,681
Other Expenses $37,486
TOTAL EXPENSES $42,686

Year-over-Year Comparison

2024 2023 Change
Revenue $205,352 $80,250 +1.6%
Expenses $42,686 $24,873 +0.7%
Net Income $162,666 $55,377 +1.9%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
9

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adrian Dallara Director 1.0
Director
$0 $0 $0
Charles Dallara Chairman/Treasurer 3.0
Director
$0 $0 $0
Don McCutchan Director 1.0
Director
$0 $0 $0
Ellen Lou Director 1.0
Director
$0 $0 $0
Michael Penner Director 1.0
Director
$0 $0 $0
Omar S Qandeel Director 1.0
Director
$0 $0 $0
Peixin Dallara Director 1.0
Director
$0 $0 $0
Sam Foster Director 1.0
Director
$0 $0 $0
William Cummings Director 1.0
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 $205,352 $42,686 $531,057 $162,666
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Harry Dallara Memorial Foundation Inc co Charles Dallara with other nonprofits in New York and across the country.