The Penrod Society LTD (EIN 356069479) - 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

1967

Legal Domicile

Principal Officer

Ronan Johnson

Phone

3178144767

Tax Period

2023-01-01 to 2023-12-31

The Penrod Society LTD, founded in 1967, is a small nonprofit in the Arts, Culture & Humanities sector that reported $866K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $811K left a modest 6% surplus.

Mission

The organization's mission focuses on the cultivation, encouragement and development of public interest in and support of the arts.

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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 (2023)

Revenue Breakdown

Contributions & Grants $334,779

Program Service Revenue $485,706

Investment Income $37,962

Other Revenue $7,823

TOTAL REVENUE $866,270

Expense Breakdown

Grants Paid $192,580

Salaries & Benefits $0

Fundraising Expenses $11,986

Program Expenses $751,681

Other Expenses $618,722

TOTAL EXPENSES $811,302

Year-over-Year Comparison

	2023	2022	Change
Revenue	$866,270	$791,203	+0.1%
Expenses	$811,302	$698,723	+0.2%
Net Income	$54,968	$92,480	-0.4%

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

265

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
Tim Haley	Board Member	1.00	Director	$0	$0	$0
Ryan Evans	Board Member	1.00	Director	$0	$0	$0
Sam Rogers	Secretary	1.00	Officer Director	$0	$0	$0
Barry Wormser	Board Member	1.00	Director	$0	$0	$0
Joe Hawkins	Board Member	1.00	Director	$0	$0	$0
Tom Blackwell	Board Member	1.00	Director	$0	$0	$0
Mac Shilling	Board Member	1.00	Director	$0	$0	$0
Brenden Pavlica	Board Member	1.00	Director	$0	$0	$0
Ronan Johnson	President	15.00	Officer Director	$0	$0	$0
Adam Nowak	Treasurer	1.00	Officer Director	$0	$0	$0
Bryan Strawbrigde	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
2024	No data	No data	No data	No data
2023	$866,270	$811,302	$1,180,942	$54,968
2022	$791,203	$698,723	$1,091,987	$92,480
2021	$683,474	$590,238	$978,443	$93,236
2020	$188,343	$222,413	$821,102	$-34,070
2019	$622,539	$578,260	$894,182	$44,279
2018	$595,190	$542,783	$809,552	$52,407

The Penrod Society LTD