THE SHOP RAT FOUNDATION INC (EIN 383700259) - 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

2004

Legal Domicile

Principal Officer

KELLY BURR KOFFLIN

Phone

5177692100

Tax Period

2024-01-01 to 2024-12-31

THE SHOP RAT FOUNDATION INC, founded in 2004, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 381% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 73% operating margin.

Mission

TO IGNITE INTEREST IN MANUFACTURING AND PROFESSIONAL TRADES CAREERS AMONG OUR NATION'S YOUTH THROUGH DEVELOPMENT OF INNOVATIVE EDUCATIONAL TOOLS, CURRICULUM AND OUTREACH PROGRAMS IN PARTNERSHIP WITH SCHOOLS, COMMUNITY GROUPS, COMPANIES AND INDUSTRY ASSOCIATIONS.

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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 $1,408,303

Program Service Revenue $29,748

Investment Income $0

Other Revenue $120

TOTAL REVENUE $1,438,171

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,744

Fundraising Expenses $55,934

Program Expenses $265,945

Other Expenses $161,842

TOTAL EXPENSES $394,586

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,438,171	$298,701	+3.8%
Expenses	$394,586	$320,074	+0.2%
Net Income	$1,043,585	$-21,373	-49.8%

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

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

$89,687

Total Directors

$89,687

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELLY BURR KOFFLIN	EXECUTIVE DI	40.00	Officer Director	$89,687	$0	$89,687
KIM CASTLE	DIRECTOR	1.00	Director	$0	$0	$0
TIM EXPOSITO	DIRECTOR	1.00	Director	$0	$0	$0
LELAND FALDE	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA HUTCHINGS	CHAIR	1.00	Officer Director	$0	$0	$0
TOM JURASEK	TREASURER	1.00	Officer Director	$0	$0	$0
BRANDON MARKEN	DIRECTOR	1.00	Director	$0	$0	$0
ALEX MASTEN	DIRECTOR	1.00	Director	$0	$0	$0
COLTON STEPKE	DIRECTOR	1.00	Director	$0	$0	$0
ERICA WALKER	SECRETARY	1.00	Officer 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	$1,438,171	$394,586	$1,100,359	$1,043,585
2023	$298,701	$320,074	$90,317	$-21,373
2022	$291,614	$350,926	$72,262	$-59,312
2021	$241,326	$138,777	$112,972	$102,549
2020	$105,596	$135,198	$32,428	$-29,602
2019	$129,829	$134,502	$44,845	$-4,673
2018	$149,234	$146,422	$54,843	$2,812

THE SHOP RAT FOUNDATION INC