The Church of the Holy Spirit Endowment Fund (EIN 510147902) - 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

2012

Legal Domicile

Principal Officer

Tom Snow

Phone

7134687796

Tax Period

2024-01-01 to 2024-12-31

The Church of the Holy Spirit Endowment Fund, founded in 2012, is a micro nonprofit that reported $94K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 58% operating margin.

Mission

To support the long-term financial health and growth of Holy Spirit Episcopal Church and to provide funding, via grants, to the various ministries related to the church.

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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 $24,940

Program Service Revenue $0

Investment Income $68,802

Other Revenue $0

TOTAL REVENUE $93,742

Expense Breakdown

Grants Paid $23,520

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,520

Other Expenses $16,263

TOTAL EXPENSES $39,783

Year-over-Year Comparison

	2024	2023	Change
Revenue	$93,742	$65,659	+0.4%
Expenses	$39,783	$30,207	+0.3%
Net Income	$53,959	$35,452	+0.5%

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

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
Linda Higgins	Trustee/Director	Director	$0	$0	$0
Christine Howard	Trustee/Director	Director	$0	$0	$0
Christine Pallenik	Trustee/Director	Director	$0	$0	$0
Joanne Polansky	Trustee/Director	Director	$0	$0	$0
Claire Martin	Trustee/Director	Director	$0	$0	$0
Rob Van Paasschen	President/Treasurer	Officer 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	$93,742	$39,783	$2,193,346	$53,959
2023	$65,659	$30,207	$2,033,823	$35,452
2022	$32,682	$43,875	$1,852,098	$-11,193
2021	$54,035	$58,333	$2,013,308	$-4,298
2020	$32,016	$49,150	$1,935,613	$-17,134
2019	$223,556	$53,411	$1,836,678	$170,145
2018	$161,742	$50,532	$1,679,838	$111,210

The Church of the Holy Spirit Endowment Fund