KELLY FOUNDATION INC (EIN 710518594) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

LARRY GAINES

Phone

5016636553

Tax Period

2024-01-01 to 2024-12-31

KELLY FOUNDATION INC, founded in 1978, is a small nonprofit that reported $218K in total revenue in fiscal year 2018. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $241K exceeded revenue, resulting in a 10% operating deficit.

Mission

PROVIDE EDUCATIONAL MATERIALS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $208,300

Investment Income $0

Other Revenue $97,847

TOTAL REVENUE $306,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $145,611

Other Expenses $145,611

TOTAL EXPENSES $145,611

Year-over-Year Comparison

	2024	2023	Change
Revenue	$306,147	$121,617	+1.5%
Expenses	$145,611	$175,399	-0.2%
Net Income	$160,536	$-53,782	-4.0%

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

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
LARRY GAINES	BOARD MEMBER	N/A	Director	$0	$0	$0
EARNEST JOSHUA JR	SECRETARY	N/A	Officer Director	$0	$0	$0
BUFFREN MCREE	BOARD MEMBER	N/A	Director	$0	$0	$0
ERIC NATHANIEL	PRESIDENT	N/A	Officer 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	$306,147	$145,611	$579,458	$160,536
2023	$121,617	$175,399	$303,059	$-53,782
2022	$154,720	$137,528	$313,722	$17,192
2021	$156,535	$156,524	$303,866	$11
2020	$141,955	$152,671	$336,983	$-10,716
2019	$179,582	$194,760	$304,730	$-15,178
2018	$218,233	$240,672	$309,909	$-22,439

KELLY FOUNDATION INC