Mawaka Foundation Inc (EIN 510505893) - 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

2004

Legal Domicile

Principal Officer

Scott Mawaka

Phone

2343805718

Tax Period

2023-01-01 to 2023-12-31

Mawaka Foundation Inc, founded in 2004, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $116K in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $441K exceeded revenue, resulting in a 280% operating deficit.

Mission

ROC IN CLEVELAND & WRLC; A WEEKEND-LONG CHARITABLE EVENT, INCLUDING CORPORATE BREAKFAST AND A CONCERT WITH PROCEEDS DONATED TO SUPPORT LOCAL ORGANIZATIONS AND RAISE AWARENESS.

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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 $109,251

Program Service Revenue $0

Investment Income $8,217

Other Revenue $-1,345

TOTAL REVENUE $116,123

Expense Breakdown

Grants Paid $425,000

Salaries & Benefits $0

Fundraising Expenses $14,510

Program Expenses $425,000

Other Expenses $15,760

TOTAL EXPENSES $440,760

Year-over-Year Comparison

	2023	2022	Change
Revenue	$116,123	$358,697	-0.7%
Expenses	$440,760	$181,814	+1.4%
Net Income	$-324,637	$176,883	-2.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Jeff Fender	Director	Director	$0	$0	$0
Julie Mawaka	President	Officer Director	$0	$0	$0
Scott Mawaka	Chairman	Officer Director	$0	$0	$0
Tom Tonozzi	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	$116,123	$440,760	$40,279	$-324,637
2022	$358,697	$181,814	$364,916	$176,883
2021	$184,698	$235,419	$188,033	$-50,721
2020	$135,802	$9,432	$238,754	$126,370
2019	$9,109	$8,297	$112,384	$812
2018	$99,257	$7,297	$111,062	$91,960

Mawaka Foundation Inc