KM FOUNDATION (EIN 842228787) - 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

DAVID D JOHNSON

Phone

6788921874

Tax Period

2024-01-01 to 2024-12-31

KM FOUNDATION, founded in 2019, is a small nonprofit that reported $275K in total revenue in fiscal year 2024. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $345K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROVIDE FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. ("NCCF")

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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 $270,000

Program Service Revenue $0

Investment Income $0

Other Revenue $5,304

TOTAL REVENUE $275,304

Expense Breakdown

Grants Paid $344,158

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $344,158

Other Expenses $755

TOTAL EXPENSES $344,913

Year-over-Year Comparison

	2024	2023	Change
Revenue	$275,304	$1,525,537	-0.8%
Expenses	$344,913	$1,470,715	-0.8%
Net Income	$-69,609	$54,822	-2.3%

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

$491,216

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN GLAZE	TRUSTEE	1.00	Director	$0	$33,180	$224,523
DANA E RING	TRUSTEE	1.00	Director	$0	$29,331	$266,693
GLEN CHAMBERS	TRUSTEE	1.00	Director	$0	$0	$0
MIKE BRENNAN	TRUSTEE	1.00	Director	$0	$0	$0
AIMEE DODSON	TRUSTEE	1.00	Director	$0	$0	$0
MARYE E LORD	FORMER TRUSTEE	0.00		$0	$18,732	$164,964

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	$275,304	$344,913	$41,237	$-69,609
2023	$1,525,537	$1,470,715	$127,691	$54,822
2022	$661,501	$627,017	$71,829	$34,484
2021	$2,138,581	$2,239,591	$34,052	$-101,010
2020	$2,020,911	$1,930,543	$140,633	$90,368

KM FOUNDATION