THE KISCO FOUNDATION INC (EIN 611411259) - 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

2002

Legal Domicile

Principal Officer

NANCY MCCABE

Phone

9144154144

Tax Period

2023-01-01 to 2023-12-31

THE KISCO FOUNDATION INC, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $2.0M exceeded revenue, resulting in a 79% operating deficit.

Mission

THE PRIMARY EXEMPT PURPOSE IS CAPACITY BUILIDING AND ADMINISTRATIVE INFRASTRUCTURE FOR NEW OR GROWING 501 (C)(3) PUBLIC CHARITIES. FOCUSING ON SCIENCES, VETERAN AFFAIRS, ENVIRONMENTAL AND SOCIAL VENTURE CAPITAL ORGANIZATIONS.

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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 $365,000

Program Service Revenue $0

Investment Income $726,409

Other Revenue $6,727

TOTAL REVENUE $1,098,136

Expense Breakdown

Grants Paid $1,577,000

Salaries & Benefits $94,027

Fundraising Expenses $0

Program Expenses $1,820,066

Other Expenses $296,037

TOTAL EXPENSES $1,967,064

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,098,136	$1,139,235	0.0%
Expenses	$1,967,064	$611,074	+2.2%
Net Income	$-868,928	$528,161	-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

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

$475,979

Total Directors

$475,979

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY MCCABE	DIRECTOR/PRESIDENT	5.00	Officer Director	$0	$77,185	$475,979
JENNIFER MAGNONE	DIRECTOR/SECRETARY/TREAS.	2.00	Officer Director	$0	$0	$0
LESLIE GORDON FAGEN	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
2024	No data	No data	No data	No data
2023	$1,098,136	$1,967,064	$18,476,432	$-868,928
2022	$1,139,235	$611,074	$17,763,792	$528,161
2021	$2,392,091	$2,095,799	$20,654,378	$296,292
2020	$1,471,639	$1,561,725	$19,939,925	$-90,086
2019	$1,238,010	$1,806,985	$18,834,776	$-568,975
2018	$1,596,482	$420,848	$17,232,591	$1,175,634

THE KISCO FOUNDATION INC