THE GENE GRAWE FUND INC (EIN 900422719) - 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

2005

Legal Domicile

Principal Officer

JOANN WITTE

Phone

2172241245

Tax Period

2023-01-01 to 2023-12-31

THE GENE GRAWE FUND INC, founded in 2005, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $388K in total revenue in fiscal year 2019. The organization ran a surplus of $88K, a strong 23% operating margin.

Mission

THE GENE GRAWE FUND, INC. IS A NONPROFIT ORGANIZATION DEVELOPED AND FUNDED MAINLY THROUGH PUBLIC AND PRIVATE CHARITY DERIVED FROM FUNDRAISING AND REQUESTS FOR DONATIONS. SCHOLARSHIPS ARE GRANTED TO QUINCY AREA CATHOLIC SCHOOLS FOR THE PURPOSE OF AIDING AND ASSISTING FAMILIES, WHETHER CATHOLIC OR OTHERWISE, WITH THE FINANCIAL COSTS OF PURSUING A CATHOLIC EDUCATION, AND IN DOING SO PROMOTE AND MAKE AVAILABLE FOR THE CHILDREN OF FAMILIES THAT SEEK IT, FAITH BASED CATHOLIC PRIMARY AND SECONDARY EDUCATION.

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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 $5,867

Program Service Revenue $0

Investment Income $11,315

Other Revenue $334,000

TOTAL REVENUE $351,182

Expense Breakdown

Grants Paid $372,389

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $386,197

Other Expenses $13,808

TOTAL EXPENSES $386,197

Year-over-Year Comparison

	2023	2022	Change
Revenue	$351,182	$368,164	0.0%
Expenses	$386,197	$325,474	+0.2%
Net Income	$-35,015	$42,690	-1.8%

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
MARGARET GRAWE	DIRECTOR	N/A	Director	$0	$0	$0
PAUL GRAWE	DIRECTOR	N/A	Director	$0	$0	$0
DOROTHY HALEY	SECRETARY	N/A	Officer Director	$0	$0	$0
ROSE ANN HUGENBURG	DIRECTOR	N/A	Director	$0	$0	$0
JOANN WITTE	PRESIDENT	N/A	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	No data	No data	No data	No data
2023	$351,182	$386,197	$842,557	$-35,015
2022	$368,164	$325,474	$888,460	$42,690
2021	$454,126	$303,771	$834,412	$150,355
2020	$343,020	$331,694	$685,112	$11,326
2019	$387,512	$299,646	$673,941	$87,866

THE GENE GRAWE FUND INC