LOUIE R MERLO FOUNDATION (EIN 834263294) - 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

2019

Legal Domicile

Principal Officer

NANCY A MERLO

Phone

2487145486

Tax Period

2023-01-01 to 2023-12-31

LOUIE R MERLO FOUNDATION, founded in 2019, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $50K in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $47K left a modest 7% surplus.

Mission

GIFTING OF ITEMS AND SERVICES TO PROVIDE A BETTER QUALITY OF LIFE FOR FAMILIES WITH SEVERELY IMPAIRED CHILDREN.

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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 $50,368

Program Service Revenue $0

Investment Income $23

Other Revenue $0

TOTAL REVENUE $50,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $46,776

Other Expenses $46,776

TOTAL EXPENSES $46,776

Year-over-Year Comparison

	2023	2022	Change
Revenue	$50,391	$162,986	-0.7%
Expenses	$46,776	$36,245	+0.3%
Net Income	$3,615	$126,741	-1.0%

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
PAUL A ALBANELLI	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS FRAGNER	DIRECTOR	2.00	Director	$0	$0	$0
NANCY A MERLO	SECRETARY	4.00	Officer Director	$0	$0	$0
RAYMOND J MERLO	PRESIDENT	4.00	Officer Director	$0	$0	$0
RICK MERLO	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN MISARAS	DIRECTOR	2.00	Director	$0	$0	$0
KEITH WAYNE	DIRECTOR	2.00	Director	$0	$0	$0
PAUL A WILKIE	TREASURER	2.00	Officer Director	$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	$50,391	$46,776	$255,609	$3,615
2022	$162,986	$36,245	$251,994	$126,741
2021	$55,747	$49,025	$125,253	$6,722
2020	$82,153	$29,170	$118,531	$52,983
2019	$116,548	$51,000	$65,548	$65,548

LOUIE R MERLO FOUNDATION