GRANT CARDONE FOUNDATION 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

SHERI HAMILTON

Phone

3107770255

Tax Period

2022-01-01 to 2022-12-31

GRANT CARDONE FOUNDATION INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $847K in total revenue in fiscal year 2022. Revenue fell 80% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $360K, a strong 43% operating margin.

Mission

NONE

Program Service Accomplishments

Program 1

Expenses: $142,926

GRANTS WERE MADE TO MULTIPLE EXEMPT ORGANIZATIONS WITH MISSIONS RELATED TO CARE AND DEVELOPMENT OF CHILDREN INCLDING FOSTER CHILDREN.THE ORGANIZATION ALSO PAID RENTS FOR TEMPORARY HOUSING FOR...

GRANTS WERE MADE TO MULTIPLE EXEMPT ORGANIZATIONS WITH MISSIONS RELATED TO CARE AND DEVELOPMENT OF CHILDREN INCLDING FOSTER CHILDREN.THE ORGANIZATION ALSO PAID RENTS FOR TEMPORARY HOUSING FOR INDIVIDUALS WHO LOST THEIR HOMES DUE TO THE COLLAPSE OF THIER BUILDING.

Program 2

Expenses: $80,000

THE ORGANIZATION CONTINUED ITS 10X HUB PROJECT IN SOUTH AFRICA. THE PROJECT HELPED TO DEVELOP NEW BUSINESSES AND TRAIN ENTREPRENEURS. IT ALSO SERVES AS A MENTORSHIP HUB FOR ADOLESCENTS WITHOUT...

THE ORGANIZATION CONTINUED ITS 10X HUB PROJECT IN SOUTH AFRICA. THE PROJECT HELPED TO DEVELOP NEW BUSINESSES AND TRAIN ENTREPRENEURS. IT ALSO SERVES AS A MENTORSHIP HUB FOR ADOLESCENTS WITHOUT FATHERS IN AN AREA THAT HAS A HIGH PERCENTAGE OF CHILDREN GROWING UP WITHOUT A FATHER.

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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 $826,751

Program Service Revenue $0

Investment Income $19,750

Other Revenue $0

TOTAL REVENUE $846,501

Expense Breakdown

Grants Paid $142,926

Salaries & Benefits $176,691

Fundraising Expenses $0

Program Expenses $222,926

Other Expenses $166,951

TOTAL EXPENSES $486,568

Year-over-Year Comparison

	2022	2021	Change
Revenue	$846,501	$4,198,056	-0.8%
Expenses	$486,568	$455,474	+0.1%
Net Income	$359,933	$3,742,582	-0.9%

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

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
GRANT CARDONE	DIRECTOR	10.00	Officer Director	$0	$0	$0
JARROD GLANDT	PRESIDENT/DIRECTOR	2.00	Officer Director	$0	$0	$0
ELENA CARDONE	VP/DIRECTOR	2.00	Officer Director	$0	$0	$0
SHERI HAMILTON	SECRETARY/DIRECTOR	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
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$846,501	$486,568	$5,865,091	$359,933
2021	$4,198,056	$455,474	$5,477,416	$3,742,582
2020	$618,282	$10,244	$1,533,980	$608,038
2019	$630,976	$28,549	$925,942	$602,427
2018	$362,125	$38,610	$323,515	$323,515