THE ALTUM FUND

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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

2024

Legal Domicile

Principal Officer

JAMES N PERRY JR

Phone

8663209275

Tax Period

2024-02-09 to 2024-12-31

THE ALTUM FUND, founded in 2024, is a mid-sized nonprofit that reported $25.2M in total revenue in fiscal year 2024. The organization ran a surplus of $24.9M, a strong 99% operating margin.

Mission

THE CORPORATION SHALL SUPPORT AND BENEFIT KCCF BY CONDUCTING AND SUPPORTING RELIGIOUS, CHARITABLE, EDUCATIONAL, AND OTHER ACTIVITIES THAT CARRY OUT THE RELIGIOUS PURPOSES OF KCCF. FURTHER, THIS CORPORATION IS SPIRITUALLY AND PHILOSOPHICALLY UNITED TO THE KNIGHTS OF COLUMBUS AND THEIR FOUNDING PRINCIPLES OF CHARITY, UNITY, AND FRATERNITY.

Program Service Accomplishments

Program 1

Expenses: $2,000

GRANT ACTIVITIES IN FURTHERANCE OF THE CORPORATIONS EXEMPT PURPOSES.

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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 $25,240,000

Program Service Revenue $0

Investment Income $20

Other Revenue $0

TOTAL REVENUE $25,240,020

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $245,338

Fundraising Expenses $0

Program Expenses $2,000

Other Expenses $89,483

TOTAL EXPENSES $336,821

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,240,020	N/A	N/A
Expenses	$336,821	N/A	N/A
Net Income	$24,903,199	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

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

$163,906

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES N PERRY JR	CHAIRMAN & PRESIDENT	2.00	Officer Director	$0	$0	$0
DENNIS J GERBER JR	SECRETARY & TREASURER	2.00	Officer Director	$0	$0	$0
FRANK J HANNA III	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY PIENTA	EXECUTIVE DIRECTOR	40.00	Officer	$153,694	$10,212	$163,906

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	$25,240,020	$336,821	$24,925,448	$24,903,199