STRONG ROCK FOUNDATION INC (EIN 205690130) - 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

2006

Legal Domicile

Principal Officer

DOUGLAS R ADAMS

Phone

6788331364

Tax Period

2023-01-01 to 2023-12-31

STRONG ROCK FOUNDATION INC, founded in 2006, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 111% from the prior year — a significant decline worth monitoring.

Mission

TO SUPPORT CHRISTIAN EDUCATION PROGRAMS BY HOLDING AND MANAGING REAL ESTATE AND ENDOWMENT ASSETS FOR CHRISTIAN SCHOOLS THAT FOLLOW THE "CHRISTIAN EDUCATION PHILOSOPHY" AS STATED IN ARTICLE XI OF THE FOUNDATION'S BYLAWS.

🔒

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 $0

Investment Income $81

Other Revenue $-1,392,960

TOTAL REVENUE $-1,392,879

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-1,392,879	$12,858,100	-1.1%
Expenses	N/A	N/A	N/A
Net Income	N/A	$12,858,100	N/A

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
DANNY L ADAMS	DIRECTOR	N/A	Director	$0	$0	$0
DOUGLAS R ADAMS	DIRECTOR	N/A	Director	$0	$0	$0
LARRY D ADAMS	DIRECTOR	N/A	Director	$0	$0	$0
BRYAN GREEN	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT MERRITT	DIRECTOR	N/A	Director	$0	$0	$0
TERRY PARKER	DIRECTOR	N/A	Director	$0	$0	$0
RICK SMITH	DIRECTOR	N/A	Director	$0	$0	$0
PAUL MCCRACKEN	CFO	N/A	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	$-1,392,879	No data	$64,269,006	No data
2022	$12,858,100	No data	$66,001,337	No data
2021	$-1,387,326	No data	$53,423,959	No data
2020	$1,115,024	No data	$55,108,640	No data
2019	$-1,331,897	No data	$54,542,227	No data
2018	$-1,282,985	No data	$55,957,186	No data

STRONG ROCK FOUNDATION INC