SMITH MEMORIAL FOUNDATION (EIN 010970450) - 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

2011

Legal Domicile

Principal Officer

RONALD E SMITH

Phone

9075623422

Tax Period

2022-01-01 to 2022-12-31

SMITH MEMORIAL FOUNDATION, founded in 2011, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $11K in total revenue in fiscal year 2022. Revenue fell 511% from the prior year — a significant decline worth monitoring.

Mission

OUR MISSION IS TO PROVIDE SCHOLARSHIPS BENEFITTING THE YOUTH IN ALASKA COMMUNITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $138

Other Revenue $-10,880

TOTAL REVENUE $-10,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,512

TOTAL EXPENSES $1,512

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-10,742	$2,615	-5.1%
Expenses	$1,512	$234	+5.5%
Net Income	$-12,254	$2,381	-6.1%

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

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
SHANNON BRIDWELL	DIRECTOR	1.00	Director	$0	$0	$0
MIKE HUSTON	DIRECTOR	1.00	Director	$0	$0	$0
HAL INGALLS	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE JOHNSON	DIRECTOR	12.00	Director	$0	$0	$0
CHARLES GRIMM JR	DIRECTOR	1.00	Director	$0	$0	$0
JOHN RODGERS	TREASURER	12.00	Officer Director	$0	$0	$0
REBECCA J SMITH	DIRECTOR	1.00	Director	$0	$0	$0
RONALD E SMITH	PRESIDENT	12.00	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
2022	$-10,742	$1,512	$334,013	$-12,254
2021	$2,615	$234	$346,267	$2,381
2020	$1,632	$925	$343,886	$707
2019	$79,792	$44,915	$343,179	$34,877
2018	$271,056	$43,872	$308,302	$227,184

SMITH MEMORIAL FOUNDATION