AMERICAN BANKERS ASSOCIATION COMMUNITY ENGAGEMENT FOUNDATION (EIN 830397856) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

PETER COOK

Phone

2026635054

Tax Period

2023-09-01 to 2024-08-31

AMERICAN BANKERS ASSOCIATION COMMUNITY ENGAGEMENT FOUNDATION, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 4% surplus.

Mission

HELP BANKS & BANKERS MAKE THEIR COMMUNITIES BETTER THROUGH LEADERSHIP, PARTNERSHIPS & PROGRAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $815,980

Program Service Revenue $140,000

Investment Income $666,574

Other Revenue $0

TOTAL REVENUE $1,622,554

Expense Breakdown

Grants Paid $639,500

Salaries & Benefits $478,705

Fundraising Expenses $101,004

Program Expenses $1,135,045

Other Expenses $440,903

TOTAL EXPENSES $1,559,108

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,622,554	$1,039,797	+0.6%
Expenses	$1,559,108	$1,334,969	+0.2%
Net Income	$63,446	$-295,172	-1.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

1500

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

$2,425,092

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET GARUFIS	CHAIR	1.00	Officer Director	$0	$0	$0
MICHELLE THORNHILL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ANGIE GARCIA-LATHROP	BOARD MEMBER	1.00	Director	$0	$0	$0
BONNIE WALLACE	BOARD MEMBER	1.00	Director	$0	$0	$0
CANDICE CAMBRIDGE	BOARD MEMBER	1.00	Director	$0	$0	$0
CARISSA RODEHEAVER	BOARD MEMBER	1.00	Director	$0	$0	$0
COURTNEY HODAPP	BOARD MEMBER	1.00	Director	$0	$0	$0
DARLENE GOINS	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVE HANRAHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DIEDRA PORCHE	BOARD MEMBER	1.00	Director	$0	$0	$0
JACQUELINE J HOWARD	BOARD MEMBER	1.00	Director	$0	$0	$0
KARINA SALTMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHRYN LURIA	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL E GROVE	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER GWALTNEY	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE LOMIBAO	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER COOK	CHIEF COMMUNICATIONS OFFICER	1.00	Officer	$0	$77,732	$698,344
KARIN PETERSEN FLYNN	CFAO	1.00	Officer	$0	$119,748	$749,540
JIM MOYE	SVP & SENIOR COUNSEL, CONTRACTS SECRETARY	1.00	Officer	$0	$53,006	$375,516
LIA FORDJOUR	SVP, PLANNING & REPORTING, TREASURER	1.00	Officer	$0	$57,687	$314,606
LINDSAY TORRICO	SVP, EXECUTIVE DIRECTOR	33.75	Officer	$0	$31,758	$287,086
MELISSA MURRAY	SR. DIRECTOR, COMMUNITY & ECONOMIC DEVELOPMENT	18.75	Highest	$0	$30,656	$157,112
SAMUEL KUNJUKUNJU	VP CONSUMER EDUCATION	37.50	Highest	$0	$21,388	$188,527

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	$1,622,554	$1,559,108	$9,196,670	$63,446
2023	$1,039,797	$1,334,969	$8,447,608	$-295,172
2022	$526,413	$702,589	$8,097,613	$-176,176
2021	$1,656,077	$718,163	$9,931,719	$937,914
2020	$1,466,238	$764,661	$8,580,884	$701,577
2019	$1,294,533	$764,252	$8,177,095	$530,281

AMERICAN BANKERS ASSOCIATION COMMUNITY ENGAGEMENT FOUNDATION