KOINONIA FOUNDATION INC (EIN 540806221) - 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

1966

Legal Domicile

Principal Officer

LARA WALT

Phone

7039711991

Tax Period

2023-07-01 to 2024-06-30

KOINONIA FOUNDATION INC, founded in 1966, is a small nonprofit that reported $435K in total revenue in fiscal year 2018. Revenue surged 151% from the prior year, signaling strong growth momentum. Expenses of $421K left a modest 3% surplus.

Mission

PROVIDE SHORT TERM EMERGENCY ASSISTANCE AND SELF-SUFFICIENCY SERVICES TO THE RESIDENTS OF THE GREATER KINGSTOWNE/FRANCONIA AREA. WE PROVIDE EMERGENCY ASSISTANCE WITH FOOD, CLOTHING AND A FINANCIAL SAFETY NET. WE ALSO OFFER COUNSELING AND EDUCTION TO BREAK THE CYCLE OF POVERTY.

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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 $1,175,147

Program Service Revenue $0

Investment Income $14,626

Other Revenue $-2,253

TOTAL REVENUE $1,187,520

Expense Breakdown

Grants Paid $1,069,080

Salaries & Benefits $173,639

Fundraising Expenses $12,139

Program Expenses $1,264,231

Other Expenses $72,833

TOTAL EXPENSES $1,315,552

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,187,520	$1,258,242	-0.1%
Expenses	$1,315,552	$946,470	+0.4%
Net Income	$-128,032	$311,772	-1.4%

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

Volunteers

128

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
JEAN TERRILL	SECRETARY	0.46	Officer Director	$0	$0	$0
LARA WALT	CHAIR	3.17	Officer Director	$0	$0	$0
JAN VACCA-LEBOEUF	TREASURER	2.75	Officer Director	$0	$0	$0
TIM GRANT	DIRECTOR	0.69	Director	$0	$0	$0
KATHLEEN AMBROSO	DIRECTOR	0.92	Director	$0	$0	$0
ANNE HEDLEY	DIRECTOR	0.46	Director	$0	$0	$0
BILL SNYDER	VICE CHAIR	1.38	Officer Director	$0	$0	$0
DEBORAH MOORE	DIRECTOR	0.46	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
2025	No data	No data	No data	No data
2024	$1,187,520	$1,315,552	$879,717	$-128,032
2023	$1,258,242	$946,470	$1,013,020	$311,772
2022	$2,396,879	$2,427,757	$694,505	$-30,878
2021	$815,342	$1,285,132	$684,616	$-469,790
2020	$1,491,571	$573,216	$1,161,133	$918,355
2019	$435,133	$420,619	$240,317	$14,514

KOINONIA FOUNDATION INC