GEORGE P HARDGROVE FOUNDATION (EIN 916061389) - 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

1961

Legal Domicile

Principal Officer

CEIL ERICKSON

Phone

2066222294

Tax Period

2023-01-01 to 2023-12-31

GEORGE P HARDGROVE FOUNDATION, founded in 1961, is a micro nonprofit that reported $37K in total revenue in fiscal year 2023. Revenue surged 171% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18K, a strong 49% operating margin.

Mission

GEORGE P. HARDGROVE FOUNDATION IS A SUPPORTING ORGANIZATION TO SEATTLE 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 $0

Program Service Revenue $0

Investment Income $36,933

Other Revenue $0

TOTAL REVENUE $36,933

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,674

Other Expenses $18,928

TOTAL EXPENSES $18,928

Year-over-Year Comparison

	2023	2022	Change
Revenue	$36,933	$13,628	+1.7%
Expenses	$18,928	$67,258	-0.7%
Net Income	$18,005	$-53,630	-1.3%

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

$51,614

Total Directors

$51,614

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CEIL ERICKSON	PRES./VP/SECRETARY/TREAS.	1.00	Officer Director	$0	$1,863	$51,614
JAMES ROHRBACK	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOSEPHINE TAMAYO MURRAY	TRUSTEE	1.00	Director	$0	$0	$0
JIM MINORCHIO	TRUSTEE	1.00	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	$36,933	$18,928	$952,382	$18,005
2022	$13,628	$67,258	$837,500	$-53,630
2021	$58,700	$71,246	$1,064,560	$-12,546
2020	$49,249	$69,280	$980,745	$-20,031
2019	$42,671	$63,265	$931,446	$-20,594
2018	$55,505	$110,391	$836,072	$-54,886

GEORGE P HARDGROVE FOUNDATION