ACORN FOUNDATION (EIN 760400642) - 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

1994

Legal Domicile

Principal Officer

KATHERINE SCOTT

Phone

7136825995

Tax Period

2024-01-01 to 2024-12-31

ACORN FOUNDATION, founded in 1994, is a micro nonprofit that reported $44K in total revenue in fiscal year 2024. Revenue fell 89% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $29K, a strong 66% operating margin.

Mission

ACORN FOUNDATION WAS ESTABLISHED TO BE ADMINISTERED SOLELY TO BENEFIT INTERFAITH CAREPARTNERS, INC. THEY RECEIVE, INVEST, AND DISTRIBUTE FUNDS SOLELY FOR INTERFAITH CAREPARTNERS EDUCATIONAL AND CARE GIVING ACTIVITIES.

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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 $0

Program Service Revenue $0

Investment Income $43,740

Other Revenue $0

TOTAL REVENUE $43,740

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,000

Other Expenses $15,000

TOTAL EXPENSES $15,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,740	$381,624	-0.9%
Expenses	$15,000	$175,000	-0.9%
Net Income	$28,740	$206,624	-0.9%

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
KEITH CRANE	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID JEWELL	MEMBER	1.00	Director	$0	$0	$0
JAMES GARRETT	PRESIDENT	1.00	Officer Director	$0	$0	$0
WRIGHT MOODY	TREASURER	1.00	Officer Director	$0	$0	$0
VERONICA CAPPADONNA	MEMBER	1.00	Director	$0	$0	$0
JENNY MCCAULEY	MEMBER	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	$43,740	$15,000	$2,123,209	$28,740
2023	$381,624	$175,000	$1,922,913	$206,624
2022	$52,975	$275,000	$1,579,064	$-222,025
2021	$84,752	No data	$2,182,802	No data
2020	$81,102	$150,000	$2,019,078	$-68,898
2019	$482,527	$156,024	$1,937,120	$326,503
2018	$119,810	$260,550	$1,751,372	$-140,740

ACORN FOUNDATION