PETE & ARLINE HARMAN TRUST FUND (EIN 942863346) - 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

1982

Legal Domicile

Principal Officer

Karin Hardy

Phone

8014331500

Tax Period

2024-05-01 to 2025-04-30

PETE & ARLINE HARMAN TRUST FUND, founded in 1982, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Net assets of $58.2M represent 278 months of operating reserves.

Mission

Provides support to churches, educational institutions other charitable programs that assist people, especially young people, to make a difference to society.

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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 $2,515,453

Other Revenue $0

TOTAL REVENUE $2,515,453

Expense Breakdown

Grants Paid $2,480,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,480,000

Other Expenses $84,362

TOTAL EXPENSES $2,564,362

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,515,453	$1,734,577	+0.5%
Expenses	$2,564,362	$2,432,427	+0.1%
Net Income	$-48,909	$-697,850	-0.9%

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
N/A	Trustee	001.00	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	$2,515,453	$2,564,362	$58,209,826	$-48,909
2024	$1,734,577	$2,432,427	$58,258,735	$-697,850
2023	$1,932,409	$2,053,794	$58,956,585	$-121,385
2022	$2,949,653	$1,982,022	$59,077,970	$967,631
2021	$4,211,444	$1,252,803	$58,110,339	$2,958,641
2019	$1,153,267	$1,419,265	$3,331,357	$-265,998

PETE & ARLINE HARMAN TRUST FUND