MARY BEECHER LONGYEAR TRUST C/O JAMES KING FRUITAGE FINANCIAL LLC (EIN 046011948) - 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

1926

Legal Domicile

Principal Officer

FIRST-CITIZENS BANK TRU

Phone

9703999031

Tax Period

2024-01-01 to 2024-12-31

MARY BEECHER LONGYEAR TRUST C/O JAMES KING FRUITAGE FINANCIAL LLC, founded in 1926, is a small nonprofit that reported $853K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.1M exceeded revenue, resulting in a 29% operating deficit.

Mission

MARY BEECHER LONGYEAR TRUST IS A TRUST FOR THE BENEFIT OF LONGYEAR FOUNDATION.

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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 $0

Program Service Revenue $0

Investment Income $853,192

Other Revenue $0

TOTAL REVENUE $853,192

Expense Breakdown

Grants Paid $908,860

Salaries & Benefits $77,379

Fundraising Expenses $0

Program Expenses $908,860

Other Expenses $111,018

TOTAL EXPENSES $1,097,257

Year-over-Year Comparison

	2024	2023	Change
Revenue	$853,192	$748,722	+0.1%
Expenses	$1,097,257	$838,439	+0.3%
Net Income	$-244,065	$-89,717	+1.7%

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

$38,689

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH JONES CFA	TRUSTEE (UNTIL 8/24/24)	6.00	Director	$34,715	$0	$34,715
JAMES KING CFA	TRUSTEE (AS OF 8/24/24)	6.00	Director	$3,974	$0	$3,974
N/A	TRUSTEE	1.00		$38,689	$0	$38,689

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	$853,192	$1,097,257	$15,630,969	$-244,065
2023	$748,722	$838,439	$15,420,762	$-89,717
2022	$6,682,092	$1,055,328	$14,706,760	$5,626,764
2021	$1,480,015	$1,091,781	$17,087,837	$388,234
2020	$487,480	$896,079	$12,667,762	$-408,599
2019	$881,136	$834,977	$12,215,338	$46,159
2018	$1,624,454	$710,857	$11,246,000	$913,597

MARY BEECHER LONGYEAR TRUST C/O JAMES KING FRUITAGE FINANCIAL LLC