ERNEST BROOKS FOUNDATION (EIN 830894477) - 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

Tom Ligare

Phone

8056819333

Tax Period

2021-01-01 to 2021-12-31

ERNEST BROOKS FOUNDATION, founded in 2018, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $11K in total revenue in fiscal year 2021. Revenue surged 178% from the prior year, signaling strong growth momentum. Expenses of $13K exceeded revenue, resulting in a 21% operating deficit.

Mission

Dedicated to elevating and promoting those who shape our understanding of the world through the creation of visual media. Educational courses and workshops performed

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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 $10,925

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $10,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,787

Other Expenses $13,223

TOTAL EXPENSES $13,223

Year-over-Year Comparison

	2021	2020	Change
Revenue	$10,925	$3,928	+1.8%
Expenses	$13,223	$17,467	-0.2%
Net Income	$-2,298	$-13,539	-0.8%

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
TOM LIGARE	DIRECTOR	18	Officer	$0	$0	$0
MARCIA RUBENSTEIN	BOARD MEMBER	3	Officer	$0	$0	$0
JACK WIMBERLY	BOARD MEMBER	1	Officer	$0	$0	$0
ERNEST H BROOKS II	BOARD MEMBER	1	Officer	$0	$0	$0
JAMES W O'KEEFFE	BOARD MEMBER	1	Officer	$0	$0	$0
LYNN MARTIN	BOARD MEMBER	1	Officer	$0	$0	$0
MICHAEL VERBOIS	BOARD MEMBER	1	Officer	$0	$0	$0
WILLIAM ROBBINS	DIRECTOR	20	Key Emp	$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	$10,925	$13,223	$6,212	$-2,298
2018	$200,052	$232,853	$70,362	$-32,801

ERNEST BROOKS FOUNDATION