J P GRIFFON MEMORIAL FOUNDATION

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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

1988

Legal Domicile

Principal Officer

ROBERT J GRIFFON

Phone

2814824258

Tax Period

2023-01-01 to 2023-12-31

J P GRIFFON MEMORIAL FOUNDATION, founded in 1988, is a micro nonprofit in the Education sector that reported $58K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $21K, a strong 37% operating margin.

Mission

PROMOTE HIGHER EDUCATION AND TO ADVANCE FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND TO ENCOURAGE AND FACILITATE CONTINUING EDUCATION OPPORTUNITIES FOR HIGH-SCHOOL GRADUATING SENIORS IN THE COMMUNITY; TO SUPPLY ITEMS TO ENHANCE THE OVERALL QUALITY OF EDUCATION FOR STUDENTS, TO FOCUS ON PUBLIC ATTENTION ON EDUCATION SERVICES, FACILITIES, AND NEEDS, TO STIMULATE MONETARY CONTRIBUTIONS, ENDOWMENTS, BEQUESTS AND OTHER DONATIONS OR GIFTS, TO PROVIDE VOLUNTEER SERVICES, AND GENERALLY TO DO ALL THOSE THINGS NECESSARY OR APPROPRIATE TO CARRY OUT SUCH PURPOSES AND TO PRESERVE THE MEMORY OF THE LATE JOHN PAUL GRIFFON, DECEASED.

Program Service Accomplishments

Program 1

Expenses: $25,000

COLLEGE SCHOLARSHIPS PROVIDED TO HIGH SCHOOL SENIORS

Program 2

Expenses: $750

SUPPORT THE BUILDING FUND OF ANSON JONES MASONIC LODGE

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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 $70,614

Program Service Revenue $0

Investment Income $25,327

Other Revenue $-37,737

TOTAL REVENUE $58,204

Expense Breakdown

Grants Paid $25,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,750

Other Expenses $11,150

TOTAL EXPENSES $36,900

Year-over-Year Comparison

	2023	2022	Change
Revenue	$58,204	$48,769	+0.2%
Expenses	$36,900	$31,537	+0.2%
Net Income	$21,304	$17,232	+0.2%

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

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
ROBERT J GRIFFON	PRESIDENT/SECRETARY/TREASU	5.00	Officer Director	$0	$0	$0
MARK D GRIFFON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR ROBERT J GRIFFON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JACKON P GRIFFON	CORPORATE RELATIONS	1.00	Officer Director	$0	$0	$0
LANE A GRIFFON	PUBLICITY COMMITTEE	1.00	Officer Director	$0	$0	$0
RACHAEL A POUJOL	LEGAL COUNSEL	1.00	Officer Director	$0	$0	$0
ANITA HILL GRIFFON	TREASURER	1.00	Officer Director	$0	$0	$0
ABIGAIL A GRIFFON	NEWSLETTER COMMITTEE	1.00	Officer Director	$0	$0	$0
MICHAEL D POUJOL	VOLUNTEER COORDINATOR	1.00	Officer Director	$0	$0	$0
ANGELA ANN POUJOL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JACLYN K POUJOL	PARTICIPANT INVITATION COO	1.00	Officer Director	$0	$0	$0
ALLYSON G CARAMAROS	PARTICIPANT INVITATION COO	1.00	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	No data	No data	No data	No data
2023	$58,204	$36,900	$725,790	$21,304
2022	$48,769	$31,537	$714,364	$17,232
2021	$79,214	$21,861	$659,978	$57,353
2020	$12,493	$16,875	$519,962	$-4,382
2019	$62,279	$26,859	$573,796	$35,420