NGA RESEARCH & EDUCATION FOUNDATION (EIN 541634757) - 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

1992

Legal Domicile

Principal Officer

GREGORY FERRARA

Phone

2029382570

Tax Period

2023-01-01 to 2023-12-31

NGA RESEARCH & EDUCATION FOUNDATION, founded in 1992, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.9M exceeded revenue, resulting in a 13% operating deficit.

Mission

IMPROVE THE PRODUCTIVITY IN ALL KEY AREAS OF THE GROCERY INDUSTRY.

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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 $1,439,304

Program Service Revenue $203,647

Investment Income $29,215

Other Revenue $32,201

TOTAL REVENUE $1,704,367

Expense Breakdown

Grants Paid $84,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,490,794

Other Expenses $1,833,698

TOTAL EXPENSES $1,917,698

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,704,367	$1,394,302	+0.2%
Expenses	$1,917,698	$1,452,852	+0.3%
Net Income	$-213,331	$-58,550	+2.6%

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

$866,754

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIRK CLARK	CHAIR	1.00	Officer Director	$0	$0	$0
DANTE FRANCESCHELLI	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT GRAYBILL	TREASURER (THRU 02/16/23)	1.00	Officer Director	$0	$0	$0
KELLI SCHAEFER-MCSPIRITT	SECRETARY (THRU 02/16/23)	1.00	Officer Director	$0	$0	$0
RICK BRINDLE	REGENT (THRU 02/16/23)	1.00	Director	$0	$0	$0
CAROLINE CATOE	REGENT	1.00	Director	$0	$0	$0
JOSEPH DELLA NOCE	REGENT	1.00	Director	$0	$0	$0
TOM GIOIELLI	REGENT	1.00	Director	$0	$0	$0
HEIDI HUFF	REGENT	1.00	Director	$0	$0	$0
MICHELLE MENDOZA	REGENT	1.00	Director	$0	$0	$0
BRAD MORRIS	REGENT	1.00	Director	$0	$0	$0
MICHAEL NEEDLER JR	REGENT (THRU 02/16/23)	1.00	Director	$0	$0	$0
NICK NICKITAS	REGENT	1.00	Director	$0	$0	$0
FRANK RAY	REGENT	1.00	Director	$0	$0	$0
KURT RODHE	REGENT	1.00	Director	$0	$0	$0
RUSSELL ZWANKA	REGENT	1.00	Director	$0	$0	$0
GREG FERRARA	PRESIDENT	5.00	Officer	$0	$73,031	$866,754

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	$1,704,367	$1,917,698	$1,749,029	$-213,331
2022	$1,394,302	$1,452,852	$1,644,750	$-58,550
2021	$1,427,099	$1,343,230	$1,700,194	$83,869
2020	$1,198,425	$1,137,767	$1,541,994	$60,658
2019	$565,182	$601,854	$1,374,097	$-36,672
2018	$1,128,958	$411,330	$1,615,055	$717,628

NGA RESEARCH & EDUCATION FOUNDATION