HANOVER ROTARY CHARITIES INC (EIN 341975376) - 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

2002

Legal Domicile

Principal Officer

RICHARD BOOMA

Phone

8574880667

Tax Period

2022-07-01 to 2023-06-30

HANOVER ROTARY CHARITIES INC, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $193K in total revenue in fiscal year 2022. Revenue surged 383% from the prior year, signaling strong growth momentum. Expenses of $166K left a modest 14% surplus.

Mission

FUNDRAISING TO SUPPORT SCHOLARSHIPS, COMMUNITY IMPROVEMENTS, AND NON-PROFIT ORGANIZATIONS

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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 $147,393

Program Service Revenue $0

Investment Income $133

Other Revenue $45,669

TOTAL REVENUE $193,195

Expense Breakdown

Grants Paid $164,619

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $165,489

Other Expenses $1,577

TOTAL EXPENSES $166,196

Year-over-Year Comparison

	2022	2021	Change
Revenue	$193,195	$39,995	+3.8%
Expenses	$166,196	$40,190	+3.1%
Net Income	$26,999	$-195	-139.5%

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
DAVID ALLEN	PRESIDENT	5.00	Officer Director	$0	$0	$0
DEBORAH BLANC	CLUB TREASURER	5.00	Officer Director	$0	$0	$0
NAN CARROLL	DIRECTOR	5.00	Director	$0	$0	$0
TOM CSATARI	DIRECTOR	5.00	Director	$0	$0	$0
KATHLEEN GERAGHTY	DIRECTOR	5.00	Director	$0	$0	$0
JAMES BONNEY	DIRECTOR	5.00	Director	$0	$0	$0
RICHARD BOOMA	CHARITIES TREASURER	5.00	Officer Director	$0	$0	$0
DAVID BRADLEY	DIRECTOR	5.00	Director	$0	$0	$0
LEN CADWALLADER	DIRECTOR	5.00	Director	$0	$0	$0
CATHY PODOLEC	DIRECTOR	5.00	Director	$0	$0	$0
HEIDI POSTUPACK	DIRECTOR	5.00	Director	$0	$0	$0
RYAN FLATLEY	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL URNEZIS	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN WENGER	DIRECTOR	5.00	Director	$0	$0	$0
BRUCE ATWOOD	SECRETARY	5.00	Officer Director	$0	$0	$0
JED WILLIAMSON	DIRECTOR	5.00	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
2023	$193,195	$166,196	$102,859	$26,999
2020	$283,752	$276,544	$120,242	$7,208
2019	$263,304	$227,431	$113,034	$35,873

HANOVER ROTARY CHARITIES INC