Drew Hassenbein Foundation Inc

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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

2023

Legal Domicile

Phone

5168261893

Tax Period

2023-01-01 to 2023-12-31

Drew Hassenbein Foundation Inc, founded in 2023, is a small nonprofit in the Recreation & Sports sector that reported $395K in total revenue in fiscal year 2023. The organization ran a surplus of $362K, a strong 92% operating margin.

Mission

The Drew Hassenbein Foundation, dedicated to our beloved Drew, is a 501c3 nonprofit organization helping expose underprivileged children to the sport of tennis, sponsoring elite juniors, and helping aspiring pros to become the next USA tennis champions.

Program Service Accomplishments

Program 1

Expenses: $27,747

The Drew Hassenbein Foundation is dedicated to helping expose underprivileged children to the sport of tennis, sponsoring elite juniors, and helping aspiring pros to become the next USA tennis...

The Drew Hassenbein Foundation is dedicated to helping expose underprivileged children to the sport of tennis, sponsoring elite juniors, and helping aspiring pros to become the next USA tennis champions.

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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 $372,825

Program Service Revenue $18,098

Investment Income $4,295

Other Revenue $0

TOTAL REVENUE $395,218

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,747

Other Expenses $32,942

TOTAL EXPENSES $32,942

Year-over-Year Comparison

	2023	2022	Change
Revenue	$395,218	N/A	N/A
Expenses	$32,942	N/A	N/A
Net Income	$362,276	N/A	N/A

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
Mitch Hassenbein	Treasurer &Pres	8.00	Officer Director	$0	$0	$0
Jaime Hassenbein	Vice President	8.00	Officer Director	$0	$0	$0
Adrian Chirici	Director	2.00	Director	$0	$0	$0
Heather Hazan	Director	2.00	Director	$0	$0	$0
Andrew Hazen	Director	2.00	Director	$0	$0	$0
Valerie Shapiro	Director	2.00	Director	$0	$0	$0
Craig Hassenbbein	Director	2.00	Director	$0	$0	$0
Debbie Hassenbbein	Director	2.00	Director	$0	$0	$0
Michael Plunkett	Director	2.00	Director	$0	$0	$0
Dana Plunkett	Director	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$395,218	$32,942	$367,276	$362,276