The Jim Foote Foundation (EIN 823274430) - 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

2017

Legal Domicile

Principal Officer

Bruce Henn

Phone

5136021714

Tax Period

2021-01-01 to 2021-12-31

The Jim Foote Foundation, founded in 2017, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $22K in total revenue in fiscal year 2021. Revenue surged 221% from the prior year, signaling strong growth momentum. Expenses of $55K exceeded revenue, resulting in a 144% operating deficit.

Mission

The purposes for which the Corporation is formed is to provide food for the starving and the hungry and otherwise provide relief and aid for the poor and disadvantaged, and to do any further act to implement the purposes of this Corporation.

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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 $0

Program Service Revenue $0

Investment Income $22,332

Other Revenue $0

TOTAL REVENUE $22,332

Expense Breakdown

Grants Paid $47,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,000

Other Expenses $7,553

TOTAL EXPENSES $54,553

Year-over-Year Comparison

	2021	2020	Change
Revenue	$22,332	$6,965	+2.2%
Expenses	$54,553	$36,142	+0.5%
Net Income	$-32,221	$-29,177	+0.1%

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
Jim Foote	President - Through Oct 2021	40.00	Officer Director	$0	$0	$0
Bruce Henn	Treasurer	60.00	Officer Director	$0	$0	$0
Mike Iverson	Secretary	4.00	Officer Director	$0	$0	$0
Linda Taylor	Director	20.00	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
2021	$22,332	$54,553	$602,931	$-32,221
2020	$6,965	$36,142	$635,152	$-29,177
2019	$4,751	$22,373	$664,329	$-17,622
2018	$250,888	$5,559	$657,631	$245,329

The Jim Foote Foundation