ROTARY CLUB OF DES MOINES AM FOUNDATION (EIN 421468750) - 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

1999

Legal Domicile

Principal Officer

CHRIS KORTE

Phone

5159969241

Tax Period

2024-01-01 to 2024-12-31

ROTARY CLUB OF DES MOINES AM FOUNDATION, founded in 1999, is a small nonprofit in the Education sector that reported $165K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Net assets of $819K represent 59 months of operating reserves.

Mission

EDUCATIONAL OPPORTUNITIES FOR YOUNG PEOPLE IN THE DES MOINES AREA.

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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 $77,581

Program Service Revenue $3,923

Investment Income $44,874

Other Revenue $39,066

TOTAL REVENUE $165,444

Expense Breakdown

Grants Paid $107,762

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $156,119

Other Expenses $56,479

TOTAL EXPENSES $164,241

Year-over-Year Comparison

	2024	2023	Change
Revenue	$165,444	$174,653	-0.1%
Expenses	$164,241	$94,988	+0.7%
Net Income	$1,203	$79,665	-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
CHRISTINE KORTE	PRESIDENT	2.00	Officer Director	$0	$0	$0
JENNIFER CHITTENDEN	SECRETARY	1.00	Officer Director	$0	$0	$0
MARK SCHAUL	TREASURER	1.00	Officer Director	$0	$0	$0
JOE STOPULOS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN BOUSLOG	DIRECTOR	1.00	Director	$0	$0	$0
EMILY ADREON	DIRECTOR	1.00	Director	$0	$0	$0
JIM SPOONER	DIRECTOR	1.00	Director	$0	$0	$0
TAMARA KENWORTHY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DAYTON	DIRECTOR	1.00	Director	$0	$0	$0
KYLE YENCER	DIRECTOR	1.00	Director	$0	$0	$0
JEOFF BLOCK	DIRECTOR	1.00	Director	$0	$0	$0
TOM CAVANAGH	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
2024	$165,444	$164,241	$818,860	$1,203
2023	$174,653	$94,988	$735,076	$79,665
2022	$129,801	$101,112	$606,406	$28,689
2021	$169,777	$66,575	$687,525	$103,202
2020	$175,408	$95,749	$557,721	$79,659

ROTARY CLUB OF DES MOINES AM FOUNDATION