Madison County Courthouse Preservation Fund (EIN 371620378) - 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

2010

Legal Domicile

Principal Officer

Joan Acela

Phone

5154623731

Tax Period

2024-01-01 to 2024-12-31

Madison County Courthouse Preservation Fund, founded in 2010, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $9K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $15K exceeded revenue, resulting in a 63% operating deficit.

Mission

Raising money for the renovation and repair of the Madison County Courthouse and obtaining government grants for such 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 (2024)

Revenue Breakdown

Contributions & Grants $9,384

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $9,384

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,268

Other Expenses $268

TOTAL EXPENSES $15,268

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,384	$33,933	-0.7%
Expenses	$15,268	$230,886	-0.9%
Net Income	$-5,884	$-196,953	-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

N/A

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
Joan Acela	President	10.00	Director	$0	$0	$0
Helen Sellers	Secretary	2.00	Director	$0	$0	$0
Jerrold B Oliver	Treasurer	2.00	Director	$0	$0	$0
Brenda Hollingsworth	Director	10.00	Director	$0	$0	$0
Rana Scarlett	Director	2.00	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	$9,384	$15,268	$19,504	$-5,884
2023	$33,933	$230,200	$25,386	$-196,267
2022	$61,212	$75,886	$221,652	$-14,674
2021	$198,035	$2,274	$236,326	$195,761

Madison County Courthouse Preservation Fund