FUELING THE CLIMB FOUNDATION (EIN 842429368) - 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

MATTHEW NOLAN

Phone

6103648439

Tax Period

2024-01-01 to 2024-12-31

FUELING THE CLIMB FOUNDATION, founded in 2019, is a small nonprofit in the Health Care sector that reported $225K in total revenue in fiscal year 2024. Revenue surged 789% from the prior year, signaling strong growth momentum. Expenses of $208K left a modest 7% surplus.

Mission

GRANTS TO ORGANIZATIONS WHO ARE WORKING TOWARDS THE BETTERMENT OF OUR COMMUNITY AND COUNTRY.

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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 $237,315

Program Service Revenue $0

Investment Income $0

Other Revenue $-12,791

TOTAL REVENUE $224,524

Expense Breakdown

Grants Paid $195,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $195,000

Other Expenses $12,821

TOTAL EXPENSES $207,821

Year-over-Year Comparison

	2024	2023	Change
Revenue	$224,524	$25,250	+7.9%
Expenses	$207,821	$30,853	+5.7%
Net Income	$16,703	$-5,603	-4.0%

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
ADAM GATTUSO	DIRECTOR/PRESIDENT	3.75	Officer Director	$0	$0	$0
MATTHEW MCGLAUGHLIN	VICE PRESIDENT	1.25	Officer Director	$0	$0	$0
MATTHEW NOLAN	TREASURER	3.75	Officer Director	$0	$0	$0
STEVEN PLISINSKI	ASSISTANT TREASURER	5.00	Officer Director	$0	$0	$0
JEFFREY BROCKETT	SECRETARY	1.25	Officer Director	$0	$0	$0
DAWN WOMACK	ASSISTANT SECRETARY	1.25	Officer Director	$0	$0	$0
CHRISTOPHER RUGGIERO	DIRECTOR	0.50	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	$224,524	$207,821	$17,232	$16,703
2023	$25,250	$30,853	$529	$-5,603
2022	$220,918	$260,729	$6,132	$-39,811
2021	$166,588	$122,505	$45,943	$44,083
2020	$7,915	$10,083	$1,860	$-2,168
2019	$203,044	$199,016	$4,028	$4,028

FUELING THE CLIMB FOUNDATION