Martin Community College Foundation Inc (EIN 561998485) - 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

1972

Legal Domicile

Principal Officer

Charlotte B Griffin

Phone

2527926081

Tax Period

2023-07-01 to 2024-06-30

Martin Community College Foundation Inc, founded in 1972, is a small nonprofit in the Education sector that reported $131K in total revenue in fiscal year 2023. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 41% operating margin.

Mission

Support Martin Community College

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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 $103,682

Program Service Revenue $0

Investment Income $6,012

Other Revenue $21,074

TOTAL REVENUE $130,768

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,937

Other Expenses $77,364

TOTAL EXPENSES $77,364

Year-over-Year Comparison

	2023	2022	Change
Revenue	$130,768	$67,585	+0.9%
Expenses	$77,364	$68,204	+0.1%
Net Income	$53,404	$-619	-87.3%

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
Charlotte Griffin	President	2.00	Officer Director	$0	$0	$0
Josh Roberson	Vice President	2.00	Officer Director	$0	$0	$0
Jackie Gillam	Secretary	2.00	Officer Director	$0	$0	$0
Ken Ambrose	Director	2.00	Director	$0	$0	$0
Richard James	Director	2.00	Director	$0	$0	$0
Tabitha Miller	Director	2.00	Director	$0	$0	$0
Delmas Cumbee	Treasurer	2.00	Officer Director	$0	$0	$0
Lewis Hoggard	Director	2.00	Director	$0	$0	$0
Tyler Warren	Director	2.00	Director	$0	$0	$0
Brian Busch	Director	2.00	Director	$0	$0	$0
Tom Winslow	Director	2.00	Director	$0	$0	$0
Phil Griffin	Director	2.00	Director	$0	$0	$0
Paul Roberson	Director	2.00	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
2025	No data	No data	No data	No data
2024	$130,768	$77,364	$465,430	$53,404
2023	$67,585	$68,204	$412,026	$-619
2022	$27,371	$83,986	$412,645	$-56,615
2021	$63,914	$91,689	$469,260	$-27,775
2020	$129,937	$101,041	$497,035	$28,896
2019	$120,692	$101,104	$468,137	$19,588
2018	$116,842	$71,330	$448,664	$45,512

Martin Community College Foundation Inc