FARRINGTON HISTORICAL FOUNDATION C… - Form 990 Financial Data

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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

1995

Legal Domicile

Principal Officer

PATTY HOLADAY

Phone

4082648258

Tax Period

2022-07-01 to 2023-06-30

FARRINGTON HISTORICAL FOUNDATION C/O PATTY HOLADAY, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $365K in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $557K exceeded revenue, resulting in a 53% operating deficit.

Mission

THE MISSION OF THE FARRINGTON HISTORICAL FOUNDATION IS TO RESTORE AND CONSERVE THE KIRK-FARRINGTON HOUSE AND GROUNDS AS AN EXAMPLE OF SILICON VALLEY'S HISTORIC PAST AND AS THE HOME OF THE JUNIOR LEAGUE OF SAN JOSE WHO IS A BENEFACTOR OF THE FARRINGTON HISTORICAL FOUNDATION. THE FOUNDATION ALSO PROVIDES COMMUNITY GRANTS TO SUPPORT LOCAL NON-PROFIT ENTITIES THAT WORK TO IMPROVE THE QUALITY OF LIFE IN SANTA CLARA COUNTY.

Program Service Accomplishments

Program 1

Expenses: $224,259

TOTAL EXPENSES NOT GRANT DISTRIBUTIONS. THESE PROGRAM EXPENSES ARE USED TO PRESERVE AND RESTORE THE FARRINGTON HOUSE AND GROUNDS, AND MAINTAIN THE HEADQUARTERS OF THE JUNIOR LEAGUE OF SAN JOSE, A...

TOTAL EXPENSES NOT GRANT DISTRIBUTIONS. THESE PROGRAM EXPENSES ARE USED TO PRESERVE AND RESTORE THE FARRINGTON HOUSE AND GROUNDS, AND MAINTAIN THE HEADQUARTERS OF THE JUNIOR LEAGUE OF SAN JOSE, A NON-PROFIT ORGANIZATION

Program 2

Expenses: $253,000

GRANT DISTRIBUTIONS.THIS PROGRAM EXPENSE SERVES AS VARIOUS DISTRIBUTIONS MADE TO VARIOUS NON-PROFIT CHARITABLE ORGANIZATIONS THAT SERVE THE LOCAL COMMUNITY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,761

Program Service Revenue $0

Investment Income $361,913

Other Revenue $0

TOTAL REVENUE $364,674

Expense Breakdown

Grants Paid $253,000

Salaries & Benefits $64,085

Fundraising Expenses $0

Program Expenses $477,259

Other Expenses $240,264

TOTAL EXPENSES $557,349

Year-over-Year Comparison

	2022	2021	Change
Revenue	$364,674	$466,897	-0.2%
Expenses	$557,349	$533,345	+0.0%
Net Income	$-192,675	$-66,448	+1.9%

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

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
JOSELLE KRYDER	PRESIDENT	2.13	Officer Director	$0	$0	$0
GARY GIANNINI	VICE PRESIDENT	0.62	Officer Director	$0	$0	$0
AL MOORE	SECRETARY	0.58	Officer Director	$0	$0	$0
PATTY HOLADAY	TREASURER	1.23	Officer Director	$0	$0	$0
CHERYL CALIGARIS	DIRECTOR	0.25	Director	$0	$0	$0
KATIE FANOE JAEB	DIRECTOR	0.08	Director	$0	$0	$0
LANCE LEW	DIRECTOR	0.73	Director	$0	$0	$0
SHARON WATTS	DIRECTOR	1.04	Director	$0	$0	$0
DIANNE VAN VOORHIS	DIRECTOR & CURATOR	0.54	Director	$0	$0	$0
GINI BOSSENBROEK	DIRECTOR	0.23	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$364,674	$557,349	$11,221,334	$-192,675
2022	$466,897	$533,345	$10,793,168	$-66,448
2021	$809,660	$585,894	$12,742,208	$223,766
2020	$434,390	$565,859	$10,667,094	$-131,469
2019	$591,711	$480,908	$11,021,276	$110,803
2018	$498,676	$497,258	$10,914,811	$1,418

FARRINGTON HISTORICAL FOUNDATION C/O PATTY HOLADAY