FAULK ENDOWMENT INC (EIN 923378952) - 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

2023

Legal Domicile

Principal Officer

JONATHAN PRICE

Phone

5614835300

Tax Period

2024-07-01 to 2025-06-30

FAULK ENDOWMENT INC, founded in 2023, is a small nonprofit in the Mental Health sector that reported $625K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $124K, a strong 20% operating margin.

Mission

TO SUPPORT THE ACTIVITIES FOR THE BENEFIT OF OR TO CARRY OUT THE PURPOSES OF THE ELIZABETH H. FAULK FOUNDATION, INC., A NON PROFIT CORPORATION (THE "FOUNDATION"). THE MISSION OF THE FOUNDATION IS TO PROMOTE EMOTIONAL WELL-BEING THROUGH A VARIETY OF FREE AND LOW-COST MENTAL HEALTH PROGRAMS DOING BUSINESS AS THE FAULK CENTER FOR COUNSELING. THE ENDOWMENT'S PRINCIPAL ACTIVITIES ARE TO MANAGE INVESTMENT FUNDS AND PROVIDE THE NECESSARY FINANCIAL SUPPORT FOR THE FOUNDATION TO ACCOMPLISH ITS MISSION.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $5,000

Program Service Revenue $0

Investment Income $619,991

Other Revenue $0

TOTAL REVENUE $624,991

Expense Breakdown

Grants Paid $480,000

Salaries & Benefits $15,890

Fundraising Expenses $0

Program Expenses $480,000

Other Expenses $5,000

TOTAL EXPENSES $500,890

Year-over-Year Comparison

	2024	2023	Change
Revenue	$624,991	$552,392	+0.1%
Expenses	$500,890	$543,821	-0.1%
Net Income	$124,101	$8,571	+13.5%

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

$176,731

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GWENESIA S COLLINS PHARMD CPH	PRESIDENT	2.00	Officer Director	$0	$0	$0
LOIS WEISMAN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
JASON TROCK	TREASURER	2.00	Officer Director	$0	$0	$0
BILL HARPER	SECRETARY	2.00	Officer Director	$0	$0	$0
JEFFREY S BOVARNICK ESQ	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
JONATHAN PRICE	CEO	4.00	Officer	$0	$6,798	$176,731

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
2025	$624,991	$500,890	$10,600,022	$124,101
2024	$552,392	$543,821	$9,929,602	$8,571
2023	$9,459,864	No data	$9,547,353	No data

FAULK ENDOWMENT INC