COSMOSPHERE FOUNDATION (EIN 742856815) - 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

1997

Legal Domicile

Principal Officer

JIM REMAR

Phone

6206622305

Tax Period

2023-01-01 to 2023-12-31

COSMOSPHERE FOUNDATION, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 347% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 91% operating margin.

Mission

THE PRIMARY PURPOSE IS TO PROVIDE LONG-TERM FINANCIAL SUPPORT TO COSMOSPHERE INC., A SEPARATE 501(C)(3) ORGANIZATION.

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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 $1,061,468

Program Service Revenue $0

Investment Income $56,295

Other Revenue $0

TOTAL REVENUE $1,117,763

Expense Breakdown

Grants Paid $85,588

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $85,588

Other Expenses $20,120

TOTAL EXPENSES $105,708

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,117,763	$249,834	+3.5%
Expenses	$105,708	$210,719	-0.5%
Net Income	$1,012,055	$39,115	+24.9%

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
JORDAN FEE	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE GARCIA	TREASURER	1.00	Officer Director	$0	$0	$0
JIM REMAR	C.E.O.	1.00	Director	$0	$0	$0
MOLLY MARTENS	DIRECTOR	1.00	Director	$0	$0	$0
RICK STAAB	DIRECTOR	1.00	Director	$0	$0	$0
TONY FINLAY	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID NEAL	CHAIR	1.00	Officer Director	$0	$0	$0
KENT LONGENECKER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MIKE PRITCHETT	GOVERNING BOARD CHAIR	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	No data	No data	No data	No data
2023	$1,117,763	$105,708	$4,155,408	$1,012,055
2022	$249,834	$210,719	$2,715,614	$39,115
2021	$945,527	$541,859	$3,361,806	$403,668
2020	$62,271	$937,008	$2,519,647	$-874,737
2019	$1,010,676	$1,146,728	$3,332,821	$-136,052
2018	$440,386	$397,506	$2,992,369	$42,880

COSMOSPHERE FOUNDATION