SHELBY KENNEDY FOUNDATION INC (EIN 260275948) - 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

2007

Legal Domicile

Principal Officer

JASON CONE

Phone

2106147051

Tax Period

2024-01-01 to 2024-12-31

SHELBY KENNEDY FOUNDATION INC, founded in 2007, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $2.8M exceeded revenue, resulting in a 132% operating deficit.

Mission

FAMILY DISCIPLESHIP THROUGH BIBLE STUDY, SCRIPTURE MEMORIZATION, PRAYER, AND COMPETITION.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $503,500

Program Service Revenue $738,103

Investment Income $0

Other Revenue $-52,017

TOTAL REVENUE $1,189,586

Expense Breakdown

Grants Paid $147,100

Salaries & Benefits $735,159

Fundraising Expenses $0

Program Expenses $2,094,985

Other Expenses $1,882,218

TOTAL EXPENSES $2,764,477

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,189,586	$1,061,617	+0.1%
Expenses	$2,764,477	$1,796,194	+0.5%
Net Income	$-1,574,891	$-734,577	+1.1%

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

200

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

$96,207

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES R LEININGER	DIRECTOR	1.00	Director	$0	$0	$0
CECELIA LEININGER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN H LEININGER	DIRECTOR	1.00	Director	$0	$0	$0
TRACY BAKER	DIRECTOR	1.00	Director	$0	$0	$0
KEN KENNEDY	DIRECTOR	1.00	Director	$0	$0	$0
GAVINO PEREZ	DIRECTOR	1.00	Director	$0	$0	$0
RUTH PEREZ	DIRECTOR	1.00	Director	$0	$0	$0
DEBBI KENNEDY	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL FARRIS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JASON CONE	PRESIDENT/ASSISTANT SECRETARY	1.00	Officer Director	$0	$0	$0
BRIAN MULLINS	EXECUTIVE DIRECTOR OF OPERATIONS	1.00	Officer	$0	$0	$96,207

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	$1,189,586	$2,764,477	$2,156,224	$-1,574,891
2023	$1,061,617	$1,796,194	$2,604,288	$-734,577
2022	$355,692	$1,818,610	$2,284,137	$-1,462,918
2021	$1,090,970	$1,675,360	$2,859,316	$-584,390
2020	$1,557,403	$1,667,809	$3,183,492	$-110,406
2019	$1,347,221	$1,727,911	$3,482,934	$-380,690
2018	$1,852,083	$1,502,838	$3,984,348	$349,245

SHELBY KENNEDY FOUNDATION INC