WOODBINE COMMUNITY FOUNDATION (EIN 311575176) - 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

1997

Legal Domicile

Principal Officer

PAUL FOUTS

Phone

7126472390

Tax Period

2022-01-01 to 2022-12-31

WOODBINE COMMUNITY FOUNDATION, founded in 1997, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $289 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $11K exceeded revenue, resulting in a 3643% operating deficit.

Mission

TO PROVIDE FUNDING FOR EDUCATIONAL AND CHARITABLE PURPOSES, PROGRAMS AND INSTITUTIONS, PRIMARLY IN WOODBINE, IOWA AND THE SURROUNDING AREA, AND TO PROVIDE FUNDING FOR SUCH OTHER EDUCATIONAL AND CHARITABLE PURPOSES, PROGRAMS AND INSTITUTIONS AS THE BOARD OF DIRECTORS MAY DEEM APPROPRIATE FROM TIME TO TIME, EXCEPT AS MAY BE RESTRICTED. TO SOLICIT, RECEIVE, MANAGE, INVEST AND USE CONTRIBUTIONS, DONATIONS, GRANTS AND BEQUESTS AND THE INCOME THEREFROM FOR THE SUPPORT PURPOSES. TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES WHICH MAY BE NECESSARY, USEFUL, SUITABLE, DESIRABLE OR PROPER FOR THE FURTHERANCE, ACCOMPLISHMENT, FOSTERING AND ATTAINMENT OF ANY AND ALL OF ITS PURPOSES.

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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 $0

Program Service Revenue $0

Investment Income $289

Other Revenue $0

TOTAL REVENUE $289

Expense Breakdown

Grants Paid $6,684

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,066

Other Expenses $4,132

TOTAL EXPENSES $10,816

Year-over-Year Comparison

	2022	2021	Change
Revenue	$289	$723,207	-1.0%
Expenses	$10,816	$717,706	-1.0%
Net Income	$-10,527	$5,501	-2.9%

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

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
PAUL FOUTS	PRESIDENT	10.00	Officer Director	$0	$0	$0
NATE BARRY	VICE-PRESIDE	1.00	Officer Director	$0	$0	$0
SUE ASSMAN	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
GARY ALTON	BOARD MEMBER	1.00	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
2022	$289	$10,816	$405,872	$-10,527
2021	$723,207	$717,706	$414,271	$5,501
2020	$481,785	$921,847	$400,199	$-440,062
2019	$54,051	$11,067	$980,156	$42,984
2018	$41,316	$32,091	$968,177	$9,225

WOODBINE COMMUNITY FOUNDATION