GALENA ROTARY CHARITABLE FOUNDATION

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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

1987

Legal Domicile

Principal Officer

DAVID E EATON

Phone

8157767266

Tax Period

2019-01-01 to 2019-12-31

GALENA ROTARY CHARITABLE FOUNDATION, founded in 1987, is a micro nonprofit that reported $37K in total revenue in fiscal year 2019. Revenue fell 73% from the prior year — a significant decline worth monitoring. Net assets of $620K represent 202 months of operating reserves.

Mission

TO ACCEPT AND ADMINISTER FUNDS RECEIVED FOR EDUCATIONAL GRANTING PURPOSES BENEFITING THE CITIZENS OF JO DAVIESS COUNTY, ILLINOIS INCLUDING THE GRANTING OF SCHOLARSHIPS. TO ACCEPT ASSETS TO ADMINISTER FOR THE CREATION OF REVENUES FOR GRANTING SCHOLARSHIPS.

Program Service Accomplishments

Program 1

Expenses: $37,500 Revenue: $21,900

GRANTED TWENTY-FIVE SCHOLARSHIPS TO COLLEGE BOUND GRADUATING HIGH SCHOOL SENIORS RESIDING WITHIN THE GEOGRAPHIC BOUNDARIES OF JO DAVIESS COUNTY, STATE OF ILLINOIS. TWENTY INDIVIDUALS BENEFITED.

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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 (2019)

Revenue Breakdown

Contributions & Grants $21,900

Program Service Revenue $0

Investment Income $15,026

Other Revenue $0

TOTAL REVENUE $36,926

Expense Breakdown

Grants Paid $37,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,500

Other Expenses $1,074

TOTAL EXPENSES $38,574

Year-over-Year Comparison

	2019	2018	Change
Revenue	$36,926	$137,059	-0.7%
Expenses	$38,574	$37,108	+0.0%
Net Income	$-1,648	$99,951	-1.0%

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 EATON	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
TRACY BAUER	TREASURER	1.00	Officer Director	$0	$0	$0
GREG DUERR	DIRECTOR	1.00	Director	$0	$0	$0
JOEL HOLLAND	DIRECTOR	1.00	Director	$0	$0	$0
HELEN KILGORE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK MCCARTHY	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS ALLENDORF	DIRECTOR	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
2019	$36,926	$38,574	$620,164	$-1,648
2018	$137,059	$37,108	$621,812	$99,951