TOM AND INGEBORG NESSET FOUNDATION (EIN 911815603) - 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

1997

Legal Domicile

Phone

3605952512

Tax Period

2024-01-01 to 2024-12-31

TOM AND INGEBORG NESSET FOUNDATION, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $140K in total revenue in fiscal year 2024. The organization ran a surplus of $116K, a strong 83% operating margin.

Mission

RESTORATION AND PRESERVATION OF NESSET FARM

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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 $0

Program Service Revenue $0

Investment Income $140,040

Other Revenue $0

TOTAL REVENUE $140,040

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,341

Other Expenses $24,282

TOTAL EXPENSES $24,282

Year-over-Year Comparison

	2024	2023	Change
Revenue	$140,040	$130,771	+0.1%
Expenses	$24,282	$20,512	+0.2%
Net Income	$115,758	$110,259	+0.0%

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
CHRIST THOMSEN	Director	0.00	Director	$0	$0	$0
RUSS PFEIFFER-HOYT	Treasurer	2.00	Officer	$0	$0	$0
LYNN BERMAN	Secretary	0.00	Officer	$0	$0	$0
BENNETT KNOX	Vice President	0.00	Officer	$0	$0	$0
RAND JACK	President	0.00	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	$140,040	$24,282	$2,988,605	$115,758
2023	$130,771	$20,512	$2,709,800	$110,259
2022	$33,025	$18,887	$2,422,917	$14,138
2021	$77,968	$22,986	$2,660,476	$54,982
2020	$27,477	$18,465	$2,354,432	$9,012
2019	$28,261	$17,117	$2,143,994	$11,144
2018	$62,063	$18,639	$1,851,354	$43,424

TOM AND INGEBORG NESSET FOUNDATION