TPhilanthropy, Voluntarism & GrantmakingEIN: 872779552· Ruling Year: 2022

Rachel & Tom Cortese Foundation Inc

Saratoga Spgs, New York

BHealth Score
58B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org9.35×
Peer Median18.82×
💰
$115K
Total Revenue
📊
$248K
Total Expenses
🏦
$2.3M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-51.4%
Year-over-year change (2022 → 2023)
Net Margin
-115.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.35
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$114,99051%$247,6008715%$2,315,7485%
2022$236,74493%$2,80983%$2,448,1818%
2021$3,327,469$17,000$2,276,179

Frequently Asked Questions

What does Rachel & Tom Cortese Foundation Inc do?

Rachel & Tom Cortese Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in New York. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rachel & Tom Cortese Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Rachel & Tom Cortese Foundation Inc has a score of 58/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Rachel & Tom Cortese Foundation Inc generate?

Revenue data for Rachel & Tom Cortese Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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