THE 1864 FUND INC

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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

2017

Legal Domicile

Principal Officer

Brian Loretz

Phone

8603103209

Tax Period

2021-07-01 to 2022-06-30

THE 1864 FUND INC, founded in 2017, is a small nonprofit that reported $825K in total revenue in fiscal year 2021. Revenue surged 79% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE QUALIFIED TUITION AND RELATED EXPENSES TO NEEDY INDIVIDUALS WHO SHALL BE PART OR FULL TIME STUDENTS AT AN EDUCATIONAL ORGANIZATION.

Program Service Accomplishments

Program 1

Expenses: $897,568 Revenue: $824,931

OBTAINED FUNDS AND AWARDED $897,568 OF SCHOLARSHIPS TO STUDENTS WITH FINANCIAL NEED ATTENDING STONE ACADEMY AND PAIER COLLEGE OF ART.

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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 (2021)

Revenue Breakdown

Contributions & Grants $806,269

Program Service Revenue $18,662

Investment Income $0

Other Revenue $0

TOTAL REVENUE $824,931

Expense Breakdown

Grants Paid $897,568

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $897,568

Other Expenses $3,460

TOTAL EXPENSES $901,028

Year-over-Year Comparison

	2021	2020	Change
Revenue	$824,931	$461,989	+0.8%
Expenses	$901,028	$525,954	+0.7%
Net Income	$-76,097	$-63,965	+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

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
Brian Loretz	PRESIDENT	2.00	Officer Director	$0	$0	$0
GARY EVANS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MATTHEW CHMIELEWSKI	TREASURER	2.00	Officer Director	$0	$0	$0
WILLIAM KUNTZ	SECRETARY	2.00	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
2022	$824,931	$901,028	$10,017	$-76,097
2021	$461,989	$525,954	$81,875	$-63,965