CHARLOTTESVILLE AREA COMMUNITY FOUNDATION (EIN 541506312) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

BRENNAN GOULD

Phone

4342961024

Tax Period

2023-01-01 to 2023-12-31

CHARLOTTESVILLE AREA COMMUNITY FOUNDATION, founded in 1967, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $31.3M in total revenue in fiscal year 2018. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.0M, a strong 38% operating margin.

Mission

GRANTS TO NON-PROFITS MAINLY IN CENTRAL VA & MANAGE CHARITABLE FUNDS FOR INDIVIDUALS & AGENCIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,944,481

Program Service Revenue $0

Investment Income $15,063,388

Other Revenue $2,220,361

TOTAL REVENUE $29,228,230

Expense Breakdown

Grants Paid $25,882,021

Salaries & Benefits $1,884,547

Fundraising Expenses $294,444

Program Expenses $28,097,539

Other Expenses $2,701,454

TOTAL EXPENSES $30,468,022

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,228,230	$34,031,723	-0.1%
Expenses	$30,468,022	$22,101,245	+0.4%
Net Income	$-1,239,792	$11,930,478	-1.1%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$305,989

Total Directors

$305,989

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR JOSEPHUS ALLMOND	DIRECTOR	1.00	Director	$0	$0	$0
MR ANTWON BRINSON	DIRECTOR	1.00	Director	$0	$0	$0
MR BOB DOWNER	DIRECTOR	1.00	Director	$0	$0	$0
MS HELENE DOWNS	DIRECTOR	1.00	Director	$0	$0	$0
MS LIBBY EDWARDS-ALLBAUGH	DIRECTOR	1.00	Director	$0	$0	$0
MR CHARLES LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
MR RAY MISHLER	DIRECTOR	1.00	Director	$0	$0	$0
MS ASHLEIGH O'BRIEN	DIRECTOR	1.00	Director	$0	$0	$0
MR GLENN RUST	DIRECTOR	1.00	Director	$0	$0	$0
MRS DIANE SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
MR ROBERT D SWEENEY	DIRECTOR	1.00	Director	$0	$0	$0
MS BETHAN TEACHMAN	DIRECTOR	1.00	Director	$0	$0	$0
MS ANDREA ROBERTS	CHAIR	1.00	Officer Director	$0	$0	$0
MRS KRISTIN HENNINGSEN	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
JAKE ZARNEGAR	SECRETARY	1.00	Officer Director	$0	$0	$0
BRENNAN GOULD	PRESIDENT, TREASURER & CEO	40.00	Officer Director	$274,500	$31,489	$305,989
RYAN JACOBY	DIRECTOR OF OPERATIONS	40.00	Highest	$155,942	$20,376	$176,318
EBONI BUGG	DIRECTOR OF COMMUNITY INVESTMENT	40.00	Highest	$144,022	$19,173	$163,195
KATIE KLING	SR. DONOR RELATIONSHIP MANAGER	40.00	Highest	$119,755	$19,329	$139,084
ALEXANDER GROSS	SR. PROGRAMS MANAGER	40.00	Highest	$100,800	$10,552	$111,352

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	$29,228,230	$30,468,022	$297,514,304	$-1,239,792
2022	$34,031,723	$22,101,245	$282,309,437	$11,930,478
2021	$77,610,040	$36,249,618	$339,690,669	$41,360,422
2020	$31,612,089	$29,507,596	$284,044,465	$2,104,493
2019	$17,432,971	$23,273,421	$231,772,854	$-5,840,450
2018	$31,328,769	$19,318,335	$204,110,682	$12,010,434

CHARLOTTESVILLE AREA COMMUNITY FOUNDATION