BANDIMERE FAMILY FOUNDATION (EIN 841256929) - 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

1994

Legal Domicile

Principal Officer

JOHN BANDIMERE

Phone

3036976001

Tax Period

2024-01-01 to 2024-12-31

BANDIMERE FAMILY FOUNDATION, founded in 1994, is a small nonprofit in the Religion sector that reported $198K in total revenue in fiscal year 2024. Expenses of $367K exceeded revenue, resulting in a 85% operating deficit.

Mission

PROMOTION OF READING IN ELEMENTARY SCHOOLS

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $197,890

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $197,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $364,669

Other Expenses $366,644

TOTAL EXPENSES $366,644

Year-over-Year Comparison

	2024	2023	Change
Revenue	$197,890	$205,772	0.0%
Expenses	$366,644	$222,656	+0.6%
Net Income	$-168,754	$-16,884	+9.0%

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

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
JOHN C BANDIMERE	PRESIDENT	1.00	Officer	$0	$0	$0
LORRAINE S BANDIMERE	VICE PRESIDENT	2.00	Officer	$0	$0	$0
JOHNNA CRISPE	SECRETARY	1.00	Officer	$0	$0	$0
TAMARA J BANDIMERE	TREASURER	1.00	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	$197,890	$366,644	$135,483	$-168,754
2023	$205,772	$222,656	$319,641	$-16,884
2022	$180,594	$133,515	$331,632	$47,079
2021	$207,317	$98,984	$287,550	$108,333
2020	$104,721	$100,950	$192,163	$3,771
2019	$176,785	$123,920	$178,020	$52,865
2018	$176,346	$506,254	$122,578	$-329,908

BANDIMERE FAMILY FOUNDATION