THE SHUMARD FOUNDATION INC C/O DOUGLAS W DUNCAN ESQ (EIN 203798084) - 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

2005

Legal Domicile

Principal Officer

CURTIS L SHUMARD

Phone

4042622000

Tax Period

2022-01-01 to 2022-12-31

THE SHUMARD FOUNDATION INC C/O DOUGLAS W DUNCAN ESQ, founded in 2005, is a community nonprofit in the Community Improvement sector that reported $3.5M in total revenue in fiscal year 2022. Revenue surged 336% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 55% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT TO OR FOR THE BENEFIT OF THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY.

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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 $30,600

Program Service Revenue $0

Investment Income $3,494,670

Other Revenue $600

TOTAL REVENUE $3,525,870

Expense Breakdown

Grants Paid $1,526,398

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,526,398

Other Expenses $62,170

TOTAL EXPENSES $1,588,568

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,525,870	$808,294	+3.4%
Expenses	$1,588,568	$3,404,141	-0.5%
Net Income	$1,937,302	$-2,595,847	-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

$271,157

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH M SHUMARD	TRUSTEE/PRESIDENT	5.00	Officer Director	$0	$0	$0
BRENDA JOYCE SHUMARD	TRUSTEE/SECRETARY	3.00	Officer Director	$0	$0	$0
WILLIAM J LONG	TRUSTEE/TREASURER	3.00	Officer Director	$0	$0	$0
JOEL REED	TRUSTEE	0.50	Director	$0	$0	$0
DALE ARMSTRONG	TRUSTEE	0.50	Director	$0	$27,021	$271,157
GARY LONG	TRUSTEE	0.50	Director	$0	$0	$0
CURTIS L SHUMARD	TRUSTEE	0.50	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
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$3,525,870	$1,588,568	$20,807,666	$1,937,302
2021	$808,294	$3,404,141	$18,870,364	$-2,595,847
2020	$714,273	$2,066,965	$21,467,060	$-1,352,692
2019	$2,142,420	$2,549,332	$22,955,043	$-406,912
2018	$1,965,450	$1,882,369	$23,351,554	$83,081

THE SHUMARD FOUNDATION INC C/O DOUGLAS W DUNCAN ESQ