THE CONNOR G FOUNDATION

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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

2019

Legal Domicile

Principal Officer

MICHAEL GOLEMBIEWSKI

Phone

9082371423

Tax Period

2024-07-01 to 2025-06-30

THE CONNOR G FOUNDATION, founded in 2019, is a micro nonprofit in the Recreation & Sports sector that reported $20K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $3K, a strong 17% operating margin.

Mission

TO HONOR THE MEMORY OF CONNOR GOLEMBIEWSKI WITH PROMOTING AND BENEFITING YOUTH HOCKEY DEVELOPMENT, MUSIC AND EDUCATIONAL INTERESTS, WHICH WERE ALL PASSIONS OF CONNOR.

Program Service Accomplishments

Program 1

Expenses: $15,409

TO BENEFIT YOUTH ICE HOCKEY DEVELOPMENT AND TO PROMOTE & FOSTER MUSICAL AND EDUCATIONAL INTERESTS. TO SUPPORT AREA YOUTH WITH SCHOLARSHIPS TO PURSUE HIGHER EDUCATION AND SUPPORT LOWER INCOME STUDENTS...

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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 $5,815

Program Service Revenue $0

Investment Income $4,775

Other Revenue $9,178

TOTAL REVENUE $19,768

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,409

Other Expenses $16,325

TOTAL EXPENSES $16,325

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,768	$17,425	+0.1%
Expenses	$16,325	$22,013	-0.3%
Net Income	$3,443	$-4,588	-1.8%

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

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
ANTHONY JOHNSON	DIRECTOR	N/A	Director	$0	$0	$0
TIM JONES	TRUSTEE	N/A	Director	$0	$0	$0
STEVE MANNEL	TRUSTEE	N/A	Director	$0	$0	$0
MICHAEL GOLEMBIEWSKI	CHAIRMAN	N/A	Officer	$0	$0	$0
TIMOTHY QUINN	VICE CHAIRMA	N/A	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
2025	$19,768	$16,325	$103,748	$3,443
2024	$17,425	$22,013	$100,264	$-4,588
2023	$12,788	$18,949	$104,933	$-6,161
2022	$7,363	$12,683	$111,094	$-5,320
2021	$86,926	$12,024	$116,414	$74,902