RICHARDSON EAST ROTARY FOUNDATION (EIN 460502289) - 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

2003

Legal Domicile

Principal Officer

David Frazee

Phone

9726440244

Tax Period

2018-07-01 to 2019-06-30

RICHARDSON EAST ROTARY FOUNDATION, founded in 2003, is a small nonprofit in the Education sector that reported $311K in total revenue in fiscal year 2018. Revenue surged 179% from the prior year, signaling strong growth momentum. Expenses of $406K exceeded revenue, resulting in a 31% operating deficit.

Mission

Providing scholarships to local high school students who are planning to pursue a college degree; partner with the city of Richardson, TX to provide funding for an inclusive playground.

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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 (2018)

Revenue Breakdown

Contributions & Grants $277,100

Program Service Revenue $0

Investment Income $192

Other Revenue $33,266

TOTAL REVENUE $310,558

Expense Breakdown

Grants Paid $405,956

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $405,956

Other Expenses $0

TOTAL EXPENSES $405,956

Year-over-Year Comparison

	2018	2017	Change
Revenue	$310,558	$111,393	+1.8%
Expenses	$405,956	$28,466	+13.3%
Net Income	$-95,398	$82,927	-2.2%

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
Kenn Smith	Director	1.00	Director	$0	$0	$0
Tommie Wright	Director	1.00	Director	$0	$0	$0
Darryl Fourte	Director	1.00	Director	$0	$0	$0
David Frazee	President	1.00	Officer	$0	$0	$0
Tom Hummel	Treasurer	5.00	Officer	$0	$0	$0
Laurie Garvie	Secretary	1.00	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
2019	$310,558	$405,956	$127,194	$-95,398

RICHARDSON EAST ROTARY FOUNDATION