THE GLENRIDGE CHARITABLE FOUNDATION INC (EIN 812990180) - 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

JONATHAN A CORBIN

Phone

9415525300

Tax Period

2023-01-01 to 2023-12-31

THE GLENRIDGE CHARITABLE FOUNDATION INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $860K in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $789K left a modest 8% surplus.

Mission

SUPPORT AND BENEFIT THE CHARITABLE PURPOSES OF THE GLENRIDGE ON PALMER RANCH, INC.

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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 $860,009

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $860,009

Expense Breakdown

Grants Paid $789,090

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $300

TOTAL EXPENSES $789,390

Year-over-Year Comparison

	2023	2022	Change
Revenue	$860,009	$1,491,568	-0.4%
Expenses	$789,390	$1,687,639	-0.5%
Net Income	$70,619	$-196,071	-1.4%

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
JAMES W CATER JR	DIRECTOR/TRUSTEE	1.00	Director	$0	$0	$0
MARNY STUART	DIRECTOR/TRUSTEE	1.00	Director	$0	$0	$0
JEFF JOHNSON	DIRECTOR/TRUSTEE	1.00	Director	$0	$0	$0
JANE JOHNSON	DIRECTOR/TRUSTEE	1.00	Director	$0	$0	$0
ROBERT NEWBERRY	DIRECTOR/TRUSTEE	1.00	Director	$0	$0	$0
MARGARET NEWBERRY	DIRECTOR/TRUSTEE	1.00	Director	$0	$0	$0
STEWART PEET	PRESIDENT	1.00	Officer Director	$0	$0	$0
VIRGINIA JUDGE	DIRECTOR/TRUSTEE	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	No data	No data	No data	No data
2023	$860,009	$789,390	$172,136	$70,619
2022	$1,491,568	$1,687,639	$129,151	$-196,071
2021	$997,663	$1,349,062	$125,452	$-351,399
2020	$1,069,279	$1,098,784	$476,851	$-29,505
2019	$817,119	$751,184	$506,356	$65,935
2018	$1,005,818	$596,390	$453,446	$409,428

THE GLENRIDGE CHARITABLE FOUNDATION INC