GRANITE CHARITABLE (EIN 842810742) - 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

2018

Legal Domicile

Principal Officer

GRETA STARK-KRAKER

Phone

3202534380

Tax Period

2024-07-01 to 2025-06-30

GRANITE CHARITABLE, founded in 2018, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.6M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $7.5M, a strong 78% operating margin.

Mission

GRANITE CHARITABLE IS OPERATED TO BENEFIT AND CARRY OUT THE PURPOSE OF A SUPPORTED ORGANIZATION.

🔒

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 $7,818,350

Program Service Revenue $0

Investment Income $36,458

Other Revenue $1,721,244

TOTAL REVENUE $9,576,052

Expense Breakdown

Grants Paid $1,982,296

Salaries & Benefits $0

Fundraising Expenses $33,524

Program Expenses $1,982,296

Other Expenses $108,388

TOTAL EXPENSES $2,090,684

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,576,052	$11,713,367	-0.2%
Expenses	$2,090,684	$1,623,629	+0.3%
Net Income	$7,485,368	$10,089,738	-0.3%

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

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

$417,808

Total Directors

$274,160

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS GREGORY	CHAIR	1.00	Officer Director	$0	$0	$0
LISA MAURER	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN JOUL	DIRECTOR	1.00	Director	$0	$22,443	$274,160
GRETA STARK-KRAKER	PRESIDENT	1.00	Officer	$0	$12,910	$154,464
CARRIE ABFALTER	SECRETARY	1.00	Officer	$0	$18,782	$92,580
ELISE WIENER	TREASURER	1.00	Officer	$0	$13,268	$170,764
SARA CARLSON	WACF EXECUTIVE DIRECTOR	1.00	Highest	$0	$33,232	$160,127
DOMINIC PAPATOLA	CHIEF IMPACT OFFICER	1.00	Highest	$0	$27,786	$175,095
CARY POGATCHNIK	ASSITANT CONTROLLER	1.00	Highest	$0	$18,146	$119,583

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
2025	$9,576,052	$2,090,684	$64,189,698	$7,485,368
2024	$11,713,367	$1,623,629	$51,383,250	$10,089,738
2023	$6,900,377	$957,500	$39,152,654	$5,942,877
2022	$11,659,873	$549,261	$29,506,815	$11,110,612
2021	$7,962,084	$229,861	$15,454,211	$7,732,223
2020	$6,036,450	$152,918	$6,154,973	$5,883,532

GRANITE CHARITABLE