Guardian Foundation Inc

EIN: 521623898 501(c)(3)

Ooltewah, TN

Total Revenue
$3,271,493
Total Expenses
$6,601,325
Total Assets
$47,335,617
Net Assets
$21,507,713
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
PA
Phone
4042336500
Tax Period
2024-07-01 to 2025-06-30

Guardian Foundation Inc, founded in 1989, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2024. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $6.6M exceeded revenue, resulting in a 102% operating deficit.

Mission

THE ORGANIZATION IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE COMMONWEALTH OF PENNSYLVANIA. THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR PUBLIC CHARITABLE USES AND PURPOSES. THE CORPORATION'S LONG-TERM CHARITABLE MISSION IS TO PROVIDE SUPPORTING SERVICES TO ITS AFFILIATED ENTITIES, WHICH DEVELOP OR ACQUIRE AND THEREAFTER OWN AND OPERATE NURSING HOMES, HOSPICES, RETIREMENT FACILITIES, AND FACILITIES FOR THE DEVELOPMENTALLY DISABLED. THE BOARD OF DIRECTORS OF THE ORGANIZATION HAS THE RIGHT TO APPOINT DIRECTORS OF EACH OF ITS AFFILIATED CORPORATIONS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $172,145
Program Service Revenue $2,218,642
Investment Income $880,706
Other Revenue $0
TOTAL REVENUE $3,271,493

Expense Breakdown

Grants Paid $2,809,589
Salaries & Benefits $2,279,705
Fundraising Expenses $0
Program Expenses $5,860,867
Other Expenses $1,512,031
TOTAL EXPENSES $6,601,325

Year-over-Year Comparison

2024 2023 Change
Revenue $3,271,493 $10,381,357 -0.7%
Expenses $6,601,325 $7,405,447 -0.1%
Net Income $-3,329,832 $2,975,910 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
5
Employees
7
Volunteers
5

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
3
$1,257,957
Total Directors
7
$1,344,325
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK A WALDROP DIR, PRESIDENT/CEO 40.0
Officer Director
$715,122 $34,148 $749,270
TIMOTHY A DUGGAN DIR, ASST SEC 3.0
Officer Director
$48,000 $0 $48,000
WILLIAM F ROWE III DIRECTOR, Asst Secretary, Consultant 20.0
Officer Director
$460,687 $0 $460,687
BLAIR LAKE Director 1.0
Director
$0 $0 $0
JAMES W FIELD DIRECTOR 1.0
Director
$32,000 $0 $32,000
RICHARD J HENRY DIRECTOR 1.0
Director
$44,000 $0 $44,000
Robin E Mitchell DIRECTOR 1.0
Director
$10,368 $0 $10,368
Jarryd Klaffka VP Accounting 40.0
Highest
$193,941 $11,179 $205,120
Kimberly Graham VP of Designs 40.0
Highest
$160,667 $16,597 $177,264
LEIGH ATHERTON VP COMMUNITY RELATIONS 40.0
Highest
$137,383 $13,532 $150,915
MICHAEL R WYLIE VP OF OUTREACH 40.0
Highest
$129,899 $17,316 $147,215
PHIL DAVIS VP/SEC/TREASURER 40.0
Highest
$203,041 $42,206 $245,247
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
2025 $3,271,493 $6,601,325 $47,335,617 $-3,329,832
2024 No data No data No data No data
2023 $8,838,140 $2,468,851 $23,444,253 $6,369,289
2022 $1,922,778 $2,359,497 $14,491,995 $-436,719
2021 $2,524,812 $2,038,444 $15,363,299 $486,368
2020 $3,822,607 $2,246,360 $14,204,935 $1,576,247
2019 $2,508,095 $2,497,956 $12,490,456 $10,139
2018 $2,984,868 $2,469,204 $12,459,122 $515,664
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