George Foreman Youth & Community Development Center (EIN 760094378) - 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

1984

Legal Domicile

Phone

8323307300

Tax Period

2024-01-01 to 2024-12-31

George Foreman Youth & Community Development Center, founded in 1984, is a small nonprofit that reported $227K in total revenue in fiscal year 2024. Revenue surged 2833% from the prior year, signaling strong growth momentum. The organization ran a surplus of $155K, a strong 68% operating margin.

Mission

The Center's former purpose was to provide services for troubled and disadvantaged children. It also provided fellowship and support for low-income elderly.

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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 $633

Program Service Revenue $0

Investment Income $224,881

Other Revenue $1,141

TOTAL REVENUE $226,655

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,275

Fundraising Expenses $0

Other Expenses $62,364

TOTAL EXPENSES $71,639

Year-over-Year Comparison

	2024	2023	Change
Revenue	$226,655	$7,727	+28.3%
Expenses	$71,639	$94,288	-0.2%
Net Income	$155,016	$-86,561	-2.8%

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

N/A

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
GEORGE E FOREMAN	Chairman/Pres.	2.00	Officer	$0	$0	$0
Mary Foreman	Vice President	1.00	Officer	$0	$0	$0
Mariah Matejowsky	Treasurer	1.00	Officer	$0	$0	$0
George E Foreman IV	Secretary	1.00	Officer	$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	$226,655	$71,639	$727,202	$155,016
2023	$7,727	$94,288	$815,888	$-86,561
2022	$6,602	$65,544	$813,458	$-58,942
2021	$1,089	$70,896	$811,380	$-69,807
2020	$5,913	$45,697	$810,079	$-39,784
2019	$97,711	$168,272	$845,642	$-70,561
2018	$247,254	$232,212	$883,898	$15,042

George Foreman Youth & Community Development Center