REUNION TOWER NYE FOUNDATION

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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

JEANNE L PHILLIPS

Phone

2149788000

Tax Period

2023-01-01 to 2023-12-31

REUNION TOWER NYE FOUNDATION, founded in 2020, is a micro nonprofit that reported $1 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $217K exceeded revenue, resulting in a 21693100% operating deficit.

Mission

THE CORPORATION PROVIDES GRANTS TO QUALIFYING 501(C)(3) CHARITABLE ORGANIZATIONS SERVING DALLAS AND THE NORTH TEXAS REGION.

Program Service Accomplishments

Program 1

Expenses: $202,374 Revenue: $0

THE CORPORATION PROVIDED GRANTS TO QUALIFYING 501(C)(3) CHARITABLE ORGANIZATIONS SERVING DALLAS COUNTY AND THE NORTH TEXAS REGION. THE CORPORATION USED THE ANNUAL NEW YEAR'S EVE FIREWORKS SHOW AND...

THE CORPORATION PROVIDED GRANTS TO QUALIFYING 501(C)(3) CHARITABLE ORGANIZATIONS SERVING DALLAS COUNTY AND THE NORTH TEXAS REGION. THE CORPORATION USED THE ANNUAL NEW YEAR'S EVE FIREWORKS SHOW AND CELEBRATION HOSTED BY REUNION TOWER AS ITS PRIMARY FUNDRAISING EVENT TO RAISE NEEDED FUNDS TO HELP QUALIFYING CHARITABLE ORGANIZATIONS IN THE AREA.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $1

TOTAL REVENUE $1

Expense Breakdown

Grants Paid $97,121

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $202,374

Other Expenses $119,811

TOTAL EXPENSES $216,932

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1	$400,000	-1.0%
Expenses	$216,932	$336,442	-0.4%
Net Income	$-216,931	$63,558	-4.4%

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
JEANNE L PHILLIPS	PRESIDENT	1.00	Officer Director	$0	$0	$0
COLIN FITZGIBBONS	DIRECTOR	1.00	Officer Director	$0	$0	$0
DAVID C HERNANDEZ	DIRECTOR	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
2023	$1	$216,932	No data	$-216,931
2022	$400,000	$336,442	$239,789	$63,558
2021	$400,500	$247,127	$176,365	$153,373