GARRET TORNEY FOUNDATION (EIN 823334989) - 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

ZACHARY HUBBARD

Phone

3363397818

Tax Period

2024-01-01 to 2024-12-31

GARRET TORNEY FOUNDATION, founded in 2017, is a micro nonprofit in the Mental Health sector that reported $78K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $90K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE GARRET TORNEY FOUNDATION IS AN ORGANIZATION SET OUT TO HELP VETERANS BATTLE WITH PTSD, SPREADING PTSD AWARENESS AND PARTERING WITH LIKEMINDED CHARITIES THAT WE KNOW AND TRUST, SUPPORTING VETERANTS WITH PTSD, OUR COMMUNITIES AND CREATING MEANINGFUL RELATIONSHIPS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $77,551

Program Service Revenue $788

Investment Income $0

Other Revenue $0

TOTAL REVENUE $78,339

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $0

Fundraising Expenses $12,650

Program Expenses $69,270

Other Expenses $16,998

TOTAL EXPENSES $89,648

Year-over-Year Comparison

	2024	2023	Change
Revenue	$78,339	$100,827	-0.2%
Expenses	$89,648	$119,846	-0.3%
Net Income	$-11,309	$-19,019	-0.4%

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

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	Role	Reportable Comp	Other Comp	Total
BETSY CLARK	SECRETARY	Officer	$0	$0	$0
LAYTON JOHNSON	VICE PRESIDENT	Officer	$0	$0	$0
ZACHARY HUBBARD	PRESIDENT	Officer	$0	$0	$0
KAITLYN LINGARD	TREASURER	Officer	$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	$78,339	$89,648	$32,749	$-11,309
2023	$100,827	$119,846	$44,047	$-19,019
2022	$62,334	$51,234	$63,066	$11,100

GARRET TORNEY FOUNDATION