VENABLE FOUNDATION INC (EIN 521283255) - 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

1983

Legal Domicile

Principal Officer

ROBERT WALDMAN

Phone

4102447400

Tax Period

2023-01-01 to 2023-12-31

VENABLE FOUNDATION INC, founded in 1983, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.1M in total revenue in fiscal year 2023. Expenses of $3.8M left a modest 8% surplus.

Mission

THE FOUNDATION SUPPORTS A WIDE RANGE OF CIVIC, CULTURAL AND CHARITABLE ENDEAVORS AS WELL AS PUBLIC INTEREST LAW AND LEGAL EDUCATION, WITH A CENTRAL FOCUS ON LEGAL ASSISTANCE AND LEGAL EDUCATION PROGRAMS.

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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 $4,136,000

Program Service Revenue $0

Investment Income $4,999

Other Revenue $0

TOTAL REVENUE $4,140,999

Expense Breakdown

Grants Paid $3,806,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,806,000

Other Expenses $0

TOTAL EXPENSES $3,806,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,140,999	$3,959,947	+0.0%
Expenses	$3,806,000	$4,293,000	-0.1%
Net Income	$334,999	$-333,053	-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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDSAY MEYER	PRESIDENT/DIRECTOR	1.0	Officer Director	$0	$0	$0
ROBERT WALDMAN	VP/DIRECTOR	1.0	Officer Director	$0	$0	$0
COLLEEN MALLON CASSE	TREASURER/DIRECTOR	1.0	Officer Director	$0	$0	$0
CRAIG THOMPSON	SECRETARY/DIRECTOR	1.0	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	No data	No data	No data	No data
2023	$4,140,999	$3,806,000	$455,704	$334,999
2022	$3,959,947	$4,293,000	$120,705	$-333,053
2021	$3,720,067	$3,605,000	$411,758	$115,067
2020	$3,326,172	$4,149,666	$281,691	$-823,494
2019	$3,308,803	$3,309,334	$1,105,812	$-531
2018	$3,212,619	$2,788,485	$832,043	$424,134

VENABLE FOUNDATION INC