PORTSMOUTH SCOTTISH RITE FOUNDATIO… - Form 990 Financial Data

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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

2005

Legal Domicile

Principal Officer

JOHN R GOODWIN

Phone

7575812031

Tax Period

2025-01-01 to 2025-12-31

PORTSMOUTH SCOTTISH RITE FOUNDATION INC, founded in 2005, is a micro nonprofit in the Health Care sector that reported $42K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $21K, a strong 49% operating margin.

Mission

To establish conduct maintain and promote any support for children in general but more especially for children with language disorders.

Program Service Accomplishments

Program 1

Expenses: $3,000 Revenue: $0

Contributed to a Graduate Scholarship to the Tidewater Scottish Rite Foundation to be used at Old Dominion University

Program 2

Expenses: $1,024 Revenue: $0

Contribution to the Scottish Rite Foundation of Virginia

Program 3

Expenses: $10,024 Revenue: $0

Expenses to Provide Rite Care Donations

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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 (2025)

Revenue Breakdown

Contributions & Grants $19,132

Program Service Revenue $0

Investment Income $22,623

Other Revenue $0

TOTAL REVENUE $41,755

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,048

Other Expenses $18,202

TOTAL EXPENSES $21,202

Year-over-Year Comparison

	2025	2024	Change
Revenue	$41,755	$35,123	+0.2%
Expenses	$21,202	$12,418	+0.7%
Net Income	$20,553	$22,705	-0.1%

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
Wayne H Anderson	Director	0.00	Director	$0	$0	$0
Franklin D Edmondson	President	0.00	Officer Director	$0	$0	$0
John R Goodwin	Treasurer	10.00	Officer Director	$0	$0	$0
William G Sykes	Secretary	0.00	Officer Director	$0	$0	$0
Randall D Reed	Trustee	0.00	Director	$0	$0	$0
Joseph R Murray	Trustee	0.00	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
2025	$41,755	$21,202	$755,923	$20,553
2024	$35,123	$12,418	$730,138	$22,705
2023	$28,711	$13,584	$712,607	$15,127
2022	$30,236	$15,377	$699,469	$14,859
2021	$445,382	$9,603	$676,269	$435,779

PORTSMOUTH SCOTTISH RITE FOUNDATION INC