FOUNDATION FOR CHILDREN WITH INTEL… - Form 990 Financial Data

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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

1950

Legal Domicile

Principal Officer

MIRZA DONEGAN

Phone

4102184781

Tax Period

2023-10-01 to 2024-09-30

FOUNDATION FOR CHILDREN WITH INTELL ECTUAL & DEVELOPMENTAL DISABILITIES, founded in 1950, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $1.1M left a modest 9% surplus.

Mission

ORGANIZED TO PROMOTE THE GENERAL WELFARE OF INTELLECTUALLY AND DEVELOPMENTALLY DISABLED INDIVIDUALS. SPECIAL ATTENTION WILL BE GIVEN TO THE EDUCATION OF THESE CITIZENS AND IN RESEARCH TO DETERMINE THE CAUSE OF THEIR MENTAL DISABILITIES. TO ALERT THE GENERAL PUBLIC TO THE URGENT NEEDS FOR SPECIAL FACILITIES AND SERVICES FOR INTELLECTUALLY AND DEVELOPMENTALLY DISABLED CITIZENS. TO PROMOTE PROGRAMS AND EDUCATIONAL PROJECTS FOR THE PREVENTION OF MENTAL AND PHYSICAL DISABILITIES. IN ORDER TO FINANCE THE ACTIVITIES OF THE FOUNDATION, IT WILL CONDUCT FUNCTIONS AND SEEK CONTRIBUTIONS THROUGH ORGANIZED CAMPAIGNS AND OTHER METHODS.

Program Service Accomplishments

Program 1

Expenses: $364,874

PROVIDED RESOURCES TO CIVITAN INTERNATIONAL TO FURTHER RESEARCH AT THE CIVITAN INTERNATIONAL RESEARCH CENTER FOR PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.

Program 2

Expenses: $328,390

PROVIDED GRANTS TO OTHER ORGANIZATIONS WHO PROVIDE SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.

Program 3

Expenses: $14,500

THE FOUNDATION GRANTS SCHOLARSHIPS TO INDIVIDUALS SELECTED BY THE SCHOLARSHIP COMMITTEE. THESE SCHOLARSHIPS CAN BE GIVEN TO INDIVIDUALS WITH AN INTELLECTUAL OR DEVELOPMENTAL DISABILITY.

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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 $49,415

Program Service Revenue $0

Investment Income $1,143,066

Other Revenue $-3,925

TOTAL REVENUE $1,188,556

Expense Breakdown

Grants Paid $707,764

Salaries & Benefits $87,790

Fundraising Expenses $0

Program Expenses $707,764

Other Expenses $281,209

TOTAL EXPENSES $1,076,763

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,188,556	$4,571,754	-0.7%
Expenses	$1,076,763	$1,240,063	-0.1%
Net Income	$111,793	$3,331,691	-1.0%

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

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

$38,077

Total Directors