COMMUNITY FOUNDATION OF OTSEGO COUNTY INC (EIN 842243769) - 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

2019

Legal Domicile

Principal Officer

SCOTT WHITE

Phone

6093061124

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY FOUNDATION OF OTSEGO COUNTY INC, founded in 2019, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.8M in total revenue in fiscal year 2024. Revenue surged 198% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.1M, a strong 85% operating margin.

Mission

The organization leads and inspires community wide efforts that significantly improve the quality of life and the prosperity of the Otsego County, NY area. Connecting people who care with causes that matter, we leverage collective knowledge, creativity, and resources for a greater impact than any of us can make alone.

🔒

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 $4,411,400

Program Service Revenue $4,282

Investment Income $346,519

Other Revenue $1,000

TOTAL REVENUE $4,763,201

Expense Breakdown

Grants Paid $406,386

Salaries & Benefits $166,449

Fundraising Expenses $94,497

Program Expenses $515,024

Other Expenses $120,232

TOTAL EXPENSES $693,067

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,763,201	$1,598,370	+2.0%
Expenses	$693,067	$432,286	+0.6%
Net Income	$4,070,134	$1,166,084	+2.5%

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

Employees

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

$92,627

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF KATZ	Executive Dir.	40.00	Officer	$92,627	$0	$92,627
DAVID T BLISS	Director	1.00	Director	$0	$0	$0
LOU ALLSTADT	Director	1.00	Director	$0	$0	$0
RACHEL FRICK-CARDELLE	Director	1.00	Director	$0	$0	$0
ALAN DONOVAN	Director	2.00	Director	$0	$0	$0
GARY HERZIG	Vice President	1.00	Officer Director	$0	$0	$0
DONNA JOHNSON	Director	1.00	Director	$0	$0	$0
PATRICIA KENNEDY	Secretary	2.00	Officer Director	$0	$0	$0
HARRY LEVINE	President	5.00	Officer Director	$0	$0	$0
TIM LORD	Director	1.00	Director	$0	$0	$0
ANDREW MARIETTA	Director	1.00	Director	$0	$0	$0
DAVE ROWLEY	Director	1.00	Director	$0	$0	$0
CANDICE SHANNON	Director	1.00	Director	$0	$0	$0
TOM SIMPSON	Director	1.00	Director	$0	$0	$0
MICHELE FARWELL	Director	1.00	Director	$0	$0	$0
SCOTT WHITE	Treasurer	2.00	Officer Director	$0	$0	$0
TAMIE REED	Director	1.00	Director	$0	$0	$0
CHERYL ROBINSON	Director	1.00	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	$4,763,201	$693,067	$8,272,634	$4,070,134
2023	$1,598,370	$432,286	$4,210,206	$1,166,084
2022	$202,114	$331,401	$2,877,944	$-129,287
2021	$1,597,490	$166,326	$2,710,653	$1,431,164
2020	$555,317	$210,177	$1,279,489	$345,140
2019	$243,535	$35,289	$629,068	$208,246

COMMUNITY FOUNDATION OF OTSEGO COUNTY INC