VOLLERTSEN JACK R ANNUITY TRUST (EIN 421284566) - 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

1982

Legal Domicile

Phone

3193569043

Tax Period

2024-01-01 to 2024-12-31

VOLLERTSEN JACK R ANNUITY TRUST, founded in 1982, is a small nonprofit in the Human Services sector that reported $168K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Net assets of $3.0M represent 211 months of operating reserves.

Mission

SUPPORT OF THE UNIVERSITY OF IOWA, IOWA CITY, IA FOR THE JACK R. VOLLERTSEN SCHOLARSHIP PROGRAM.

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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 $0

Program Service Revenue $0

Investment Income $164,422

Other Revenue $3,510

TOTAL REVENUE $167,932

Expense Breakdown

Grants Paid $115,642

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $115,642

Other Expenses $47,651

TOTAL EXPENSES $163,293

Year-over-Year Comparison

	2024	2023	Change
Revenue	$167,932	$118,063	+0.4%
Expenses	$163,293	$72,950	+1.2%
Net Income	$4,639	$45,113	-0.9%

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

N/A

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
JANICE ELLIG	CHAIR	N/A	Director	$0	$0	$0
KATHY DORE	VICE CHAIR	N/A	Director	$0	$0	$0
N/A	TRUSTEE	N/A		$0	$0	$0
SHERRI P FURMAN	CFO & TREASURER	N/A	Officer	$0	$0	$0
LYNETTE L MARSHALL	PRESIDENT	N/A	Officer	$0	$0	$0
DIANE K BROWNLEE	SECRETARY	N/A	Officer	$0	$0	$0
TIFFANI K SHAW	VICE PRESIDENT & ASSISTANT SECRETARY	N/A	Officer	$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	$167,932	$163,293	$2,952,407	$4,639
2023	$118,063	$72,950	$2,949,090	$45,113
2022	$130,251	$121,700	$2,904,435	$8,551
2021	$190,204	$127,730	$2,896,649	$62,474
2020	$103,966	$99,530	$2,835,993	$4,436
2019	$103,646	$115,972	$2,832,289	$-12,326

VOLLERTSEN JACK R ANNUITY TRUST