ROGER H STRAIT MEMORIAL FOUNDATION (EIN 464051226) - 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

2013

Legal Domicile

Principal Officer

PAUL S STRAIT

Phone

5182910901

Tax Period

2023-01-01 to 2023-12-31

ROGER H STRAIT MEMORIAL FOUNDATION, founded in 2013, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $311K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $382K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO IMPROVE THE LIVES OF NEEDY CHILDREN AND MARGINALIZED PEOPLE GLOBALLY, AND TO ADVANCE THE CAUSE OF CHRIST THROUGH GRANTS TO DESERVING ORGANIZATIONS AND CHRISTIAN WORKERS.

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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 $311,081

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $311,081

Expense Breakdown

Grants Paid $298,279

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $326,573

Other Expenses $83,387

TOTAL EXPENSES $381,666

Year-over-Year Comparison

	2023	2022	Change
Revenue	$311,081	$380,287	-0.2%
Expenses	$381,666	$351,148	+0.1%
Net Income	$-70,585	$29,139	-3.4%

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
ROBERT HARRIS	BOARD MEMBER	5.00	Director	$0	$0	$0
JOHN PUTNAM	BOARD MEMBER	2.00	Director	$0	$0	$0
PAUL S STRAIT	BOARD MEMBER	20.00	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
2023	$311,081	$381,666	$38,849	$-70,585
2022	$380,287	$351,148	$102,151	$29,139
2021	$501,585	$449,845	$74,489	$51,740
2020	$326,378	$326,684	$21,272	$-306
2019	$402,350	$419,602	$21,578	$-17,252

ROGER H STRAIT MEMORIAL FOUNDATION