WASHINGTON TRUST FOUNDATION INC (EIN 521887951) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

WASHINGTON TRUST FOUNDATION INC, founded in 1994, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.5M in total revenue in fiscal year 2018. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 89% operating margin.

Mission

TO PROVIDE EDUCATION AND TO NETWORK WITH LOCAL CIVIL RIGHTS ORGANIZATIONS TO PROMOTE A BETTER BASIS OF UNDERSTANDING WITH LOCAL GOVERNMENT AND LAW ENFORCEMENT AGENCIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $2,515

Other Revenue $117,304

TOTAL REVENUE $119,819

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,906

Other Expenses $53,357

TOTAL EXPENSES $53,357

Year-over-Year Comparison

	2023	2022	Change
Revenue	$119,819	$112,003	+0.1%
Expenses	$53,357	$88,478	-0.4%
Net Income	$66,462	$23,525	+1.8%

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

N/A

Independent Members

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
IHSAN BAGBY	SECRETARY	1.00	Officer Director	$0	$0	$0
NEHAD HAMMAD	PRESIDENT	5.00	Officer Director	$0	$0	$0
ALLAM AL-ALAMI	DIRECTOR	1.00	Officer	$0	$0	$0
ESAM OMEISH	CHAIRMAN	1.00	Officer	$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	$119,819	$53,357	$16,679,198	$66,462
2022	$112,003	$88,478	$10,337,864	$23,525
2021	$151,278	$115,075	$7,970,656	$36,203
2020	$115,515	$149,409	$6,646,953	$-33,894
2019	$287,675	$439,954	$8,516,306	$-152,279
2018	$1,527,450	$169,049	$8,551,865	$1,358,401

WASHINGTON TRUST FOUNDATION INC