Talor Gooch Foundation Inc (EIN 874158937) - 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

Talor Gooch

Phone

4053602282

Tax Period

2024-01-01 to 2024-12-31

Talor Gooch Foundation Inc, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $410K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $390K left a modest 5% surplus.

Mission

The Foundation's primary charitable purpose is to provide grant funding to tax- exempt organizations recognized under Section 501(c)(3) of the United States Internal Revenue Code of 1986, as amended, that support a variety of philanthropic initiatives, programs and activities addressing a qualified charitable purpose that are of particular interest to its Board of Directors.

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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 $66,401

Program Service Revenue $0

Investment Income $9,985

Other Revenue $333,974

TOTAL REVENUE $410,360

Expense Breakdown

Grants Paid $238,667

Salaries & Benefits $72,903

Fundraising Expenses $32,416

Program Expenses $335,914

Other Expenses $78,367

TOTAL EXPENSES $389,937

Year-over-Year Comparison

	2024	2023	Change
Revenue	$410,360	$346,979	+0.2%
Expenses	$389,937	$464,692	-0.2%
Net Income	$20,423	$-117,713	-1.2%

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

$72,903

Total Directors

$72,903

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kelsey Cline	Director & Secr	40.00	Officer Director	$72,903	$0	$72,903
Talor Gooch	Director & Pres	2.00	Officer Director	$0	$0	$0
Jeff Jones	Director	2.00	Director	$0	$0	$0
Elizabeth Gooch	Vice President	2.00	Officer	$0	$0	$0
Austin Manger	Treasurer	2.00	Officer	$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	$410,360	$389,937	$298,261	$20,423
2023	$346,979	$464,692	$270,716	$-117,713
2022	$513,483	$250,926	$382,557	$262,557

Talor Gooch Foundation Inc