HENDERSONVILLE ROTARY FOUNDATION (EIN 300071383) - 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

Principal Officer

JOEY MONTALBANO

Phone

6152658087

Tax Period

2024-07-01 to 2025-06-30

HENDERSONVILLE ROTARY FOUNDATION is a micro nonprofit in the Human Services sector that reported $65K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $87K exceeded revenue, resulting in a 33% operating deficit.

Mission

(1) ASSIST ECONOMICALLY DISADVANTAGED INDIVIDUALS WITH FUNDING AND VOLUNTEER-PROVIDED MEDICAL & DENTAL CARE, (2) FUND SCHOLARSHIPS TO LOCAL STUDENTS FOR POST-SECONDARY EDUCATION, (3) SUPPORT LOCAL UNDERPRIVILEGED ELEMENTARY SCHOOL STUDENTS.

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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 $17,981

Program Service Revenue $0

Investment Income $8,451

Other Revenue $38,495

TOTAL REVENUE $64,927

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $86,639

Other Expenses $86,639

TOTAL EXPENSES $86,639

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,927	$121,138	-0.5%
Expenses	$86,639	$42,955	+1.0%
Net Income	$-21,712	$78,183	-1.3%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT DENNEY	BOARD MEMBER	N/A	Officer	$0	$0	$0
RUSS EDWARDS	BOARD MEMBER	N/A	Officer	$0	$0	$0
SANDRA GASKINS	PRESIDENT	N/A	Officer	$0	$0	$0
MICHAEL GRUBBS	BOARD MEMBER	N/A	Officer	$0	$0	$0
TRACY JOHANNESON	BOARD MEMBER	N/A	Officer	$0	$0	$0
SONJA KELLY	BOARD MEMBER	N/A	Officer	$0	$0	$0
KIM KIM	EXECUTIVE DI	N/A	Officer	$0	$0	$0
DAWN LINN	BOARD MEMBER	N/A	Officer	$0	$0	$0
LARRY LYONS	BOARD MEMBER	N/A	Officer	$0	$0	$0
ERIC MAULDIN	BOARD MEMBER	N/A	Officer	$0	$0	$0
JULIE MERIWETHER	SECRETARY	N/A	Officer	$0	$0	$0
JOEY MONTALBANO	TREASURER	N/A	Officer	$0	$0	$0
LEE RUCKS	BOARD MEMBER	N/A	Officer	$0	$0	$0
CHRIS SCHERBA	BOARD MEMBER	N/A	Officer	$0	$0	$0
RETA WARD	BOARD MEMBER	N/A	Officer	$0	$0	$0
PATTY WEST	BOARD MEMBER	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
2025	$64,927	$86,639	$338,183	$-21,712
2024	$121,138	$42,955	$359,895	$78,183
2023	$129,216	$125,898	$281,712	$3,318
2022	$58,391	$75,023	$278,394	$-16,632
2021	$119,052	$103,410	$295,026	$15,642
2020	$122,268	$107,255	$279,384	$15,013
2019	$153,523	$1,065,034	$264,371	$-911,511
2018	$581,439	$79,027	$1,175,882	$502,412

HENDERSONVILLE ROTARY FOUNDATION