COLLEEN E RITZER MEMORIAL FUND INC (EIN 850659010) - 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

2020

Legal Domicile

Principal Officer

PEGGIE RITZER

Phone

9784701070

Tax Period

2023-10-01 to 2024-09-30

COLLEEN E RITZER MEMORIAL FUND INC, founded in 2020, is a small nonprofit in the Education sector that reported $283K in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $169K, a strong 60% operating margin.

Mission

THE COLLEEN E. RITZER MEMORIAL FUND FOSTERS A SOCIETY OF COMPASSION WITH KINDNESS AS A MOTIVATING INFLUENCE IN ALL ITS ENDEAVORS. RENOWNED FOR HER KINDNESS, ZEAL FOR LIFE, TEACHING, AND LOVE OF FAMILY, THE ORGANIZATION EMULATES COLLEEN'S COMPASSION THROUGH SCHOLARSHIPS, GRANTS AND OTHER PROGRAMS WITH KINDNESS AND EDUCATION AT THEIR CORE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $146,472

Program Service Revenue $0

Investment Income $80,083

Other Revenue $56,937

TOTAL REVENUE $283,492

Expense Breakdown

Grants Paid $83,107

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,107

Other Expenses $30,951

TOTAL EXPENSES $114,058

Year-over-Year Comparison

	2023	2022	Change
Revenue	$283,492	$611,134	-0.5%
Expenses	$114,058	$104,400	+0.1%
Net Income	$169,434	$506,734	-0.7%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PEGGIE L RITZER	PRESIDENT	10.00	Officer Director	$0	$0	$0
THOMAS P RITZER	V.P. AND CLERK	1.00	Officer Director	$0	$0	$0
MICHAEL K GUILFOYLE	TREASURER	1.00	Officer Director	$0	$0	$0
JULIE VIOLA	DIRECTOR	1.00	Director	$0	$0	$0
DWIGHT FEENEY	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	$283,492	$114,058	$1,954,625	$169,434
2023	$611,134	$104,400	$1,678,408	$506,734
2022	$186,322	$88,164	$1,131,497	$98,158
2021	$1,243,151	$67,644	$1,240,309	$1,175,507

COLLEEN E RITZER MEMORIAL FUND INC