RUTH A ELMORE TRUST FUND (EIN 016008591) - 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

1953

Phone

6174503223

Tax Period

2023-01-01 to 2023-12-31

RUTH A ELMORE TRUST FUND, founded in 1953, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $496K in total revenue in fiscal year 2023. The organization ran a surplus of $149K, a strong 30% operating margin.

Mission

Direct Support of Pen Bay Medical Center, Pine Tree Society, 2 Shriners Hospitals, N.E. Anti-Vivisection Society, and 6 First Church of Christ, Scientist Churches to be used for general purposes in accordance with declaration of trust dated 2/2/53

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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 $0

Program Service Revenue $0

Investment Income $496,214

Other Revenue $0

TOTAL REVENUE $496,214

Expense Breakdown

Grants Paid $260,835

Salaries & Benefits $37,540

Fundraising Expenses $0

Program Expenses $260,835

Other Expenses $48,709

TOTAL EXPENSES $347,084

Year-over-Year Comparison

	2023	2022	Change
Revenue	$496,214	$513,987	0.0%
Expenses	$347,084	$389,388	-0.1%
Net Income	$149,130	$124,599	+0.2%

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

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
Henry Osborn	Trustee	1.0		$37,540	$0	$37,540

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	$496,214	$347,084	$11,387,645	$149,130
2022	$513,987	$389,388	$11,238,515	$124,599
2021	$799,931	$330,109	$11,113,916	$469,822
2020	$541,792	$431,031	$10,644,094	$110,761

RUTH A ELMORE TRUST FUND