THE FELICE FOUNDATION DBA THE LEO BUSCAGLIA FOUNDATION (EIN 953957152) - 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

1984

Legal Domicile

Principal Officer

SAME AS ABOVE

Phone

3107913144

Tax Period

2023-01-01 to 2023-12-31

THE FELICE FOUNDATION DBA THE LEO BUSCAGLIA FOUNDATION, founded in 1984, is a micro nonprofit that reported $95K in total revenue in fiscal year 2023. Revenue fell 187% from the prior year — a significant decline worth monitoring.

Mission

ENCOURAGING THE SPIRIT OF GIVING BY FOSTERING A COMMUNITY SPIRIT FOR HELPING OTHERS.

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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 $23,599

Program Service Revenue $0

Investment Income $-150,155

Other Revenue $31,684

TOTAL REVENUE $-94,872

Expense Breakdown

Grants Paid $66,000

Salaries & Benefits $0

Fundraising Expenses $10,714

Program Expenses $86,626

Other Expenses $39,909

TOTAL EXPENSES $105,909

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-94,872	$109,438	-1.9%
Expenses	$105,909	$67,395	+0.6%
Net Income	$-200,781	$42,043	-5.8%

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

N/A

Independent Members

N/A

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
JANETTE C BROWN	VICE PRESIDENT	1.00	Director	$0	$0	$0
PAUL A GILBERT	SECY/TREAS	1.00	Officer Director	$0	$0	$0
SUZANNE TORGESON	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOAN WINCHELL	DIRECTOR	1.00	Director	$0	$0	$0
FRANK A GOMEZ	DIRECTOR	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	$-94,872	$105,909	$1,210,814	$-200,781
2022	$109,438	$67,395	$1,195,066	$42,043
2021	$121,259	$99,663	$1,379,951	$21,596
2020	$83,270	$113,997	$1,360,586	$-30,727
2019	$114,255	$95,279	$1,391,313	$18,976
2018	$74,521	$83,380	$1,372,337	$-8,859

THE FELICE FOUNDATION DBA THE LEO BUSCAGLIA FOUNDATION