THE INVERNESS FOUNDATION (EIN 946128974) - 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

1966

Legal Domicile

Principal Officer

Kathy Hartzell

Tax Period

2023-07-01 to 2024-06-30

THE INVERNESS FOUNDATION, founded in 1966, is a micro nonprofit that reported $50K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $14K, a strong 28% operating margin.

Mission

MAINTAIN AND PRESERVE INVERNESS, MARIN COUNTY, CALIFORNIA

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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 $42,056

Program Service Revenue $1,135

Investment Income $13,300

Other Revenue $-6,074

TOTAL REVENUE $50,417

Expense Breakdown

Grants Paid $1,400

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,020

Other Expenses $34,895

TOTAL EXPENSES $36,295

Year-over-Year Comparison

	2023	2022	Change
Revenue	$50,417	$44,828	+0.1%
Expenses	$36,295	$34,318	+0.1%
Net Income	$14,122	$10,510	+0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANgela Whitney	Director	1.00	Director	$0	$0	$0
William Barrett	Vice President	1.00	Director	$0	$0	$0
Tom Gaman	Director	5.00	Director	$0	$0	$0
Kathy Hartzell	President	10.00	Director	$0	$0	$0
Catherine Caulfield	Vice President	5.00	Director	$0	$0	$0
John Longstreth	Treasurer	5.00	Director	$0	$0	$0
Andrew Buckingham	Director	1.00	Director	$0	$0	$0
Bob Johnston	Director	1.00	Director	$0	$0	$0
Seana Quinn	Secretary	1.00	Director	$0	$0	$0
Alex Porrata	Director	5.00	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	$50,417	$36,295	$1,113,992	$14,122
2023	$44,828	$34,318	$1,104,699	$10,510
2022	$50,136	$19,097	$1,084,085	$31,039
2021	$57,356	$24,654	$1,092,796	$32,702
2019	$58,592	$62,941	$1,038,308	$-4,349

THE INVERNESS FOUNDATION