The Patricia R and Herbert J Murphy Foundation (EIN 542085031) - 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

Legal Domicile

Phone

6148360606

Tax Period

2024-01-01 to 2024-12-31

The Patricia R and Herbert J Murphy Foundation is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 11365% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 95% operating margin.

Mission

To support the activities of the Licking County Foundation to meet the needs of the growing and changing Licking County community. This may be done by providing funds to the Licking County Foundation in furtherance of its purposes in Licking County and elsewhere. The Foundation also makes distributions to various organizations that qualify as charitable exempt organizations under 501(c)(3) of the Internal Revenue Code.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,000,841

Program Service Revenue $0

Investment Income $112,321

Other Revenue $0

TOTAL REVENUE $2,113,162

Expense Breakdown

Grants Paid $109,075

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $109,075

Other Expenses $1,211

TOTAL EXPENSES $110,286

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,113,162	$18,432	+113.6%
Expenses	$110,286	$287,176	-0.6%
Net Income	$2,002,876	$-268,744	-8.5%

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
Stuart Parsons	President	2.00	Director	$0	$0	$0
Joseph Dager	Vice President	1.00	Director	$0	$0	$0
Michael Murphy	Treasurer	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	$2,113,162	$110,286	$3,722,305	$2,002,876
2023	$18,432	$287,176	$1,719,429	$-268,744
2022	$-392,031	$858,012	$1,988,173	$-1,250,043
2021	$1,362,841	$374,421	$3,238,216	$988,420
2020	$2,527,372	$724,715	$2,249,796	$1,802,657
2019	$525,831	$195,665	$447,139	$330,166
2018	$19,803	$600,576	$116,973	$-580,773

The Patricia R and Herbert J Murphy Foundation