MICHAEL G FITZPATRICK FOUNDATION (EIN 861823222) - 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

2021

Legal Domicile

Principal Officer

ELAINE MAYE

Phone

2157500110

Tax Period

2024-01-01 to 2024-12-31

MICHAEL G FITZPATRICK FOUNDATION, founded in 2021, is a micro nonprofit in the Education sector that reported $70K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $66K left a modest 6% surplus.

Mission

CONTINUE MICHAEL'S LEGACY OF SELFLESS PUBLIC SERVICE BY INSPIRING AND PROVIDING OPPORTUNITIES TO YOUTH INTERESTED IN PUBLIC SERVICE AND SUPPORTING OUR LOCAL FIRST RESPONDERS.

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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 $67,391

Program Service Revenue $0

Investment Income $2,433

Other Revenue $0

TOTAL REVENUE $69,824

Expense Breakdown

Grants Paid $49,000

Salaries & Benefits $0

Fundraising Expenses $9,834

Program Expenses $49,000

Other Expenses $16,782

TOTAL EXPENSES $65,782

Year-over-Year Comparison

	2024	2023	Change
Revenue	$69,824	$145,368	-0.5%
Expenses	$65,782	$99,061	-0.3%
Net Income	$4,042	$46,307	-0.9%

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
JOEL BOLSTEIN	SECRETARY	1.00	Officer Director	$0	$0	$0
MITCHELL GOLDBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
ELAINE MAYE	CHAIR	1.00	Officer Director	$0	$0	$0
JAMES MCCAFFREY	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK SCHWEIKER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY K SMITHSON	VICE CHAIR	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	$69,824	$65,782	$220,446	$4,042
2023	$145,368	$99,061	$216,404	$46,307
2022	$47,945	$124,838	$170,097	$-76,893
2021	$294,646	$47,656	$246,990	$246,990

MICHAEL G FITZPATRICK FOUNDATION