MARCHBANKS FOUNDATION INC

EIN: 843244685 501(c)(3) Human Services

BAKERSFIELD, CA

Total Revenue
$-3,457
Total Expenses
$132,248
Total Assets
$1,012,649
Net Assets
$1,012,649
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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
CA
Principal Officer
PATRICK MARCHBANKS
Phone
6616633879
Tax Period
2023-01-01 to 2023-12-31

MARCHBANKS FOUNDATION INC, founded in 2019, is a micro nonprofit in the Human Services sector that reported $3K in total revenue in fiscal year 2023. Revenue fell 101% from the prior year — a significant decline worth monitoring.

Mission

TO AID AND SUPPORT POOR NEEDY FAMILIES, SENIORS, CHILDREN,AND HOMELESS INDIVIDUALS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,550
Program Service Revenue $0
Investment Income $-17,007
Other Revenue $0
TOTAL REVENUE $-3,457

Expense Breakdown

Grants Paid $129,071
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $131,091
Other Expenses $3,177
TOTAL EXPENSES $132,248

Year-over-Year Comparison

2023 2022 Change
Revenue $-3,457 $597,001 -1.0%
Expenses $132,248 $54,984 +1.4%
Net Income $-135,705 $542,017 -1.3%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK MARCHBANKS PRESIDENT/CEO 2.00
Officer Director
$0 $0 $0
LORI MARCHBANKS VICE PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
LINDY KEAVENEY VICE PRESIDENT/SECRETARY 1.00
Officer 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 No data No data No data No data
2023 $-3,457 $132,248 $1,012,649 $-135,705
2022 $597,001 $54,984 $1,013,777 $542,017
2021 $351,802 $53,114 $467,666 $298,688
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