PAINTERS AND ALLIED TRADES FOR CHILDREN'S HOPE FOUNDATION (EIN 522318869) - 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

2001

Legal Domicile

Principal Officer

JAMES A WILLIAMS JR

Phone

4105645900

Tax Period

2023-01-01 to 2023-12-31

PAINTERS AND ALLIED TRADES FOR CHILDREN'S HOPE FOUNDATION, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $686K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $367K, a strong 54% operating margin.

Mission

THE FOUNDATION IS DEDICATED TO SUPPORTING YOUTH INSTITUTIONS AND PROGRAMS TO HELP ENSURE THAT CHILDREN IN NEED HAVE THE OPPORTUNITIES TO LIVE LIVES OF PLAY AND COMFORT THAT EVERY CHILD DESERVES.SUPPORTED BY THE MEN AND WOMEN OF THE INTERNATIONAL UNION OF PAINTERS AND ALLIED TRADES AND OTHER GENEROUS DONORS, TO DATE THE PATCH FOUNDATION HAS GIVEN OVER $1 MILLION TO YOUTH ORGANIZATIONS THROUGHOUT THE UNITED STATES AND CANADA.

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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 $751,138

Program Service Revenue $0

Investment Income $29,148

Other Revenue $-94,365

TOTAL REVENUE $685,921

Expense Breakdown

Grants Paid $304,272

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $304,272

Other Expenses $14,498

TOTAL EXPENSES $318,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$685,921	$593,885	+0.2%
Expenses	$318,770	$211,006	+0.5%
Net Income	$367,151	$382,879	0.0%

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

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
JAMES A WILLIAMS JR	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GREGG SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
RON KNIESS	SECRETARY	1.00	Officer Director	$0	$0	$0
DANIEL WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
DANNY KELLY	DIRECTOR	1.00	Director	$0	$0	$0
ART AIVALIOTIS	DIRECTOR	1.00	Director	$0	$0	$0
DAVE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
PAUL TSOUROUS	DIRECTOR	1.00	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	$685,921	$318,770	$2,176,489	$367,151
2022	$593,885	$211,006	$1,876,083	$382,879
2021	$486,004	$439,194	$1,408,185	$46,810
2020	$185,244	$252,971	$1,347,510	$-67,727
2019	$330,541	$402,275	$1,415,610	$-71,734
2018	$463,181	$381,432	$1,540,023	$81,749

PAINTERS AND ALLIED TRADES FOR CHILDREN'S HOPE FOUNDATION