THATCHER FAMILY FUND (EIN 900400460) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

RANDY THATCHER

Phone

2168613810

Tax Period

2023-01-01 to 2023-12-31

THATCHER FAMILY FUND, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $302K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $761K exceeded revenue, resulting in a 152% operating deficit.

Mission

THE ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, AND TO CARRY OUT THE CHARITABLE, AND EDUCATIONAL FUNCTIONS OF THE CLEVELAND FOUNDATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $86,008

Program Service Revenue $0

Investment Income $215,994

Other Revenue $0

TOTAL REVENUE $302,002

Expense Breakdown

Grants Paid $658,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $658,000

Other Expenses $102,585

TOTAL EXPENSES $760,585

Year-over-Year Comparison

	2023	2022	Change
Revenue	$302,002	$461,811	-0.3%
Expenses	$760,585	$749,376	+0.0%
Net Income	$-458,583	$-287,565	+0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$310,506

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDY THATCHER	CHAIRPERSON & TRUSTEE	1.00	Officer Director	$0	$0	$0
LISA MANNING	CO-CHAIRPERSON	0.50	Officer Director	$0	$0	$0
RONALD V JOHNSON	TRUSTEE (UNTIL 6/7/23)	0.50	Director	$0	$0	$0
ROLAND ANGLIN	TRUSTEE	0.50	Director	$0	$0	$0
ROBERT LAMPLEY	TRUSTEE (EFF 6/7/23)	0.50	Director	$0	$0	$0
KARA PORTER	TRUSTEE	0.50	Director	$0	$0	$0
BRENDA CUMMINS	SECRETARY	0.50	Officer	$0	$33,943	$141,531
ANTHONY GATTUSO	TREASURER	0.50	Officer	$0	$42,109	$168,975

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	$302,002	$760,585	$6,770,256	$-458,583
2022	$461,811	$749,376	$6,431,118	$-287,565
2021	$817,282	$724,354	$8,319,023	$92,928
2020	$282,821	$669,669	$7,853,623	$-386,848

THATCHER FAMILY FUND