MINERVA CLUB BUILDING PRESERVATION FUND INC (EIN 824331240) - 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

2018

Legal Domicile

Principal Officer

LENORA WATSON

Phone

8059253203

Tax Period

2023-01-01 to 2023-12-31

MINERVA CLUB BUILDING PRESERVATION FUND INC, founded in 2018, is a micro nonprofit in the Education sector that reported $20K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $47K exceeded revenue, resulting in a 133% operating deficit.

Mission

TO PRESERVE AND RESTORE THE MINERVA CLUBHOUSE AND GROUNDS, AND TO PROVIDE PUBLIC ACCESS TO THE LANDMARK FOR EDUCATIONAL PURPOSES, AND TO CARRY ON OTHER CHARITABLE AND EDUCATIONAL ACTIVITIES ASSOCIATED WITH THIS GOAL AS ALLOWED BY LAW.

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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 $11,700

Program Service Revenue $0

Investment Income $8,534

Other Revenue $0

TOTAL REVENUE $20,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $47,083

TOTAL EXPENSES $47,083

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,234	$16,489	+0.2%
Expenses	$47,083	$21,321	+1.2%
Net Income	$-26,849	$-4,832	+4.6%

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

N/A

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
LENORA WATSON	PRESIDENT	30.00	Officer	$0	$0	$0
PHYLLIS LANDER	SECRETARY	10.00	Officer	$0	$0	$0
BARBARA STEVESON	TREASURER	10.00	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	No data	No data	No data	No data
2023	$20,234	$47,083	$156,836	$-26,849
2022	$16,489	$21,321	$171,864	$-4,832
2021	$20,765	$3,106	$205,675	$17,659
2020	$26,110	$2,671	$183,636	$23,439
2019	$9,318	$47,085	$151,503	$-37,767

MINERVA CLUB BUILDING PRESERVATION FUND INC