Truscott Community Foundation (EIN 204853185) - 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

2007

Legal Domicile

Principal Officer

Colton Daniel

Phone

9404743333

Tax Period

2024-01-01 to 2024-12-31

Truscott Community Foundation, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $369K in total revenue in fiscal year 2024.

Mission

Provide positive impact on the people, residents and vistors of the Rolling Plains of Texas through education, healthcare, culture and civic and social services in the Rolling Plains of Texas.

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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 $481,645

Program Service Revenue $7,963

Investment Income $716

Other Revenue $-121,300

TOTAL REVENUE $369,024

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,549

Fundraising Expenses $9,507

Program Expenses $373,615

Other Expenses $212,418

TOTAL EXPENSES $400,967

Year-over-Year Comparison

	2024	2023	Change
Revenue	$369,024	$347,859	+0.1%
Expenses	$400,967	$180,165	+1.2%
Net Income	$-31,943	$167,694	-1.2%

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

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	Role	Reportable Comp	Other Comp	Total
Chuck Taylor	Director	Director	$0	$0	$0
Jerry Bob Daniel	Director	Director	$0	$0	$0
Mike Carlson	President	Officer	$0	$0	$0
Michael Tomanek	Vice President	Officer	$0	$0	$0
Colton Daniel	Treasurer	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	$369,024	$400,967	$367,704	$-31,943
2023	$347,859	$180,165	$393,254	$167,694
2022	$157,467	$115,636	$209,157	$41,831
2021	$123,341	$116,838	$167,326	$6,503

Truscott Community Foundation