NELLIE R SHERWOOD TRUST (EIN 426061621) - 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

1948

Legal Domicile

Principal Officer

CASEY GREENE

Phone

3193697796

Tax Period

2023-01-01 to 2023-12-31

NELLIE R SHERWOOD TRUST, founded in 1948, is a micro nonprofit in the Mutual Benefit sector that reported $4K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 96% operating deficit.

Mission

TO REIMBURSE RETIRED TEACHERS FOR CERTAIN EXPENSES NOT COVERED/REIMBURSED BY INSURANCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $4,054

Other Revenue $0

TOTAL REVENUE $4,054

Expense Breakdown

Grants Paid $6,719

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,719

Other Expenses $1,240

TOTAL EXPENSES $7,959

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,054	$12,157	-0.7%
Expenses	$7,959	$8,725	-0.1%
Net Income	$-3,905	$3,432	-2.1%

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

$2,470,801

Total Directors

$1,987,831

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NED AUSTIN MD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES BECKER	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNE CARTER	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVEN CAVES	BOARD MEMBER	1.00	Director	$0	$0	$0
GREGORY CHURCHILL	BOARD MEMBER	1.00	Director	$0	$0	$14,500
KATHY EPLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN GLOBOKAR	BOARD MEMBER	1.00	Director	$0	$0	$0
SALLY GRAY	BOARD MEMBER	1.00	Director	$0	$0	$32,250
CURTIS HEIDEMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DONALD JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHLEEN MINETTE	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
ROBIN MIXDORF	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MICHELLE NIERMANN TO 0823	BOARD MEMBER & PRESIDENT/CEO	1.00	Officer Director	$0	$119,328	$1,107,448
AMANDA O'CONNOR MD	BOARD MEMBER	1.00	Director	$0	$42,808	$371,644
JOHN OSAKO	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY ANN OSBORN	BOARD MEMBER	1.00	Director	$0	$12,249	$45,145
ANNE PARMLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
HEATHER ROBERTSON	BOARD MEMBER	1.00	Director	$0	$0	$0
LORI SUNDBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVEN WAHLE MD	BOARD MEMBER	1.00	Director	$0	$0	$0
CASEY GREENE - VPCOO TO 0823	BOARD MEMBER & PRES/CEO (FR 09/23)	1.00	Officer Director	$0	$66,395	$416,844
MICHAEL HEINRICH TO 0323	EXEC VP/CFO	1.00	Officer	$0	$78,425	$702,550
LUCAS HICKS FR 0423	VP FINANCE/CFO	1.00	Officer	$0	$21,030	$243,959
THEODORE TOWNSEND JR TO 1218	FORMER PRESIDENT/CEO	0.00		$0	$0	$462,474

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	No data	No data	No data	No data
2023	$4,054	$7,959	$129,372	$-3,905
2022	$12,157	$8,725	$138,012	$3,432
2021	$11,925	$10,256	$147,967	$1,669
2020	$7,369	$10,554	$154,645	$-3,185
2019	$5,184	$12,416	$125,213	$-7,232
2018	$7,576	$10,398	$109,179	$-2,822

NELLIE R SHERWOOD TRUST