GREATER FAYETTE COMMUNITY FOUNDATIO

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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

CHERYL PEKAR

Phone

9797972181

Tax Period

2024-01-01 to 2024-12-31

GREATER FAYETTE COMMUNITY FOUNDATIO, founded in 2002, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 18% operating deficit.

Mission

TO SERVE THE LOCAL COMMUNITY BY PROVIDING A MEANS TO RECEIVE AND DISTRIBUTE CHARITABLE FUNDS BASED ON THE WISHES OF THE DONOR AND ON THE CHANGING NEEDS OF THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $1,155,428 Revenue: $60,740

DISTRIBUTION OF DONATED ASSETS TO LOCAL CHARITIES FOR THE BENEFIT OF THE COMMUNITY AND ITS RESIDENTS AND THE DISTRIBUTION OF DONATED FUNDS DESIGNATED TO INDIVIDUAL SCHOLARSHIP RECIPIENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,078,975

Program Service Revenue $60,740

Investment Income $45,712

Other Revenue $1

TOTAL REVENUE $1,185,428

Expense Breakdown

Grants Paid $882,504

Salaries & Benefits $228,996

Fundraising Expenses $0

Program Expenses $1,155,428

Other Expenses $292,903

TOTAL EXPENSES $1,404,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,185,428	$1,572,708	-0.2%
Expenses	$1,404,403	$862,556	+0.6%
Net Income	$-218,975	$710,152	-1.3%

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

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
KAREN BOOKOUT	DIRECTOR	1.00	Director	$0	$0	$0
REENIE COLLINS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
CATHY HORN	DIRECTOR	1.00	Director	$0	$0	$0
DON JONES	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL PEKAR	BOARD PRESID	3.00	Officer Director	$0	$0	$0
LESLIE PENELLO	BOARD SECRET	1.00	Officer Director	$0	$0	$0
JANIS RICHARDSON	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE SCULLY	TREASURER	1.00	Officer Director	$0	$0	$0
LINDA STREICHER	DIRECTOR	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	$1,185,428	$1,404,403	$2,014,112	$-218,975
2023	$1,572,708	$862,556	$2,145,893	$710,152
2022	$712,258	$262,355	$1,335,336	$449,903
2021	$707,129	$148,775	$1,019,356	$558,354
2021	$210,860	$148,775	$523,087	$62,085
2020	$227,734	$39,485	$435,790	$188,249
2019	$23,895	$36,751	$231,279	$-12,856
2018	$89,726	$20,255	$221,603	$69,471