ERROL D BUTT MEMORIAL FUND INC (EIN 201995041) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

RON REEVES

Phone

5134175875

Tax Period

2023-01-01 to 2023-12-31

ERROL D BUTT MEMORIAL FUND INC, founded in 2005, is a micro nonprofit in the Human Services sector that reported $36K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $8K, a strong 21% operating margin.

Mission

PROVIDING RELIEF OF THE POOR, RELIEF OF THE DISTRESSED, PROMOTE HEALTH, TO EDUCATE, LESSEN COMMUNITY TENSIONS, DEFENDING HUMAN AND CIVIL RIGHTS SECURED BY LAW, AND COMBAT COMMUNITY DETERIORATION AND JUVENILE DELINQUENCY, TO PROMOTE COMMUNITY ACTIVITIES. SHOP WITH AN OFFICER PROVIDES FUNDS TO PURCHASE CHRISTMAS GIFTS AND SCHOOL SUPPLIES FOR NEEDY CHILDREN AND GIVES THE CHILDREN AN OPPORTUNITY TO INTERACT WITH A POLICE OFFICER IN A POSITIVE MANNER WHICH LESSENS TENSIONS BETWEEN OFFICERS AND THE GENERAL PUBLIC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $36,241

Investment Income $0

Other Revenue $0

TOTAL REVENUE $36,241

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,796

Other Expenses $28,554

TOTAL EXPENSES $28,554

Year-over-Year Comparison

	2023	2022	Change
Revenue	$36,241	$32,563	+0.1%
Expenses	$28,554	$32,648	-0.1%
Net Income	$7,687	$-85	-91.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
BRANDI CARTER	TRUSTEE	1.00	Director	$0	$0	$0
MARK HATFIELD	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN LEWIS	TRUSTEE	1.00	Director	$0	$0	$0
RON REEVES	TREASURER	2.00	Officer	$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
2024	No data	No data	No data	No data
2023	$36,241	$28,554	$64,160	$7,687
2022	$32,563	$32,648	$56,473	$-85
2021	$22,519	$27,570	$56,558	$-5,051
2020	$29,824	$28,966	$59,608	$858
2019	$20,661	$22,797	$58,750	$-2,136
2018	$28,873	$30,200	$60,886	$-1,327

ERROL D BUTT MEMORIAL FUND INC