JARI GROWTH FUND INC (EIN 812565745) - 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

2016

Legal Domicile

Principal Officer

LINDA THOMSON

Phone

8145358675

Tax Period

2023-01-01 to 2023-12-31

JARI GROWTH FUND INC, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 78% operating margin.

Mission

PROMOTION OF ECONOMIC DEVELOPMENT IN ECONOMICALLY DISTRESSED COMMUNITIES IN THE SOUTHERN ALLEGHENIES REGION OF PENNSYLVANIA BY ENGAGING IN ACTIVITIES DIRECTED AT CREATING SUSTAINABLE JOBS, ENCOURAGING INVESTMENT AND ECONOMIC GROWTH, ENHANCING THE QUALITY OF LIFE FOR THE RESIDENTS OF THE REGION AND IMPROVING HOUSING AND OTHERWISE ADDRESSING THE NEEDS OF LOW TO MODERATE INCOME RESIDENTS OF DISADVANTAGED, POOR AND MINORITY COMMUNITIES WITHIN THE REGION.

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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 $1,345,108

Program Service Revenue $0

Investment Income $129,062

Other Revenue $27,290

TOTAL REVENUE $1,501,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $308,612

Other Expenses $327,410

TOTAL EXPENSES $327,410

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,501,460	$932,151	+0.6%
Expenses	$327,410	$191,232	+0.7%
Net Income	$1,174,050	$740,919	+0.6%

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

$428,862

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSE M LUCEY-NOLL	DIRECTOR	0.25	Director	$0	$0	$0
BRADLEY R BURGER	VICE CHAIR	0.25	Officer Director	$0	$0	$0
RUSSELL KIEL	TREASURER	0.25	Officer Director	$0	$0	$0
REV SYLVIA J KING	DIRECTOR	0.25	Director	$0	$0	$0
KAREN STRUBLE MYERS	SECRETARY	0.25	Officer Director	$0	$0	$0
STEVEN HOWSARE	CHAIR	0.25	Officer Director	$0	$0	$0
MICHAEL ALBERTS	DIRECTOR	0.25	Director	$0	$0	$0
DAVID MROZOWSKI	DIRECTOR	0.25	Director	$0	$0	$0
LINDA THOMSON	PRESIDENT	1.00	Officer	$0	$26,948	$199,138
MICHELE CLAPPER	VICE PRESIDENT	1.00	Officer	$0	$28,483	$130,643
BRENDA FIKE	CFO	1.00	Officer	$0	$17,554	$99,081

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	$1,501,460	$327,410	$3,638,906	$1,174,050
2022	$932,151	$191,232	$2,596,146	$740,919
2021	$538,719	$203,141	$2,283,265	$335,578
2020	$218,941	$131,978	$1,271,857	$86,963
2019	$184,549	$137,718	$997,681	$46,831
2018	$20,219	$88,386	$414,245	$-68,167

JARI GROWTH FUND INC