ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC (EIN 464190097) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

BECKY R WEIS

Phone

2563693297

Tax Period

2024-07-01 to 2025-06-30

ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC, founded in 2013, is a small nonprofit in the Education sector that reported $601K in total revenue in fiscal year 2018. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 190% operating deficit.

Mission

TO PROVIDE K-12 SCHOLARSHIPS TO ECONOMICALLY DISADVANTAGED FAMILIES IN THE NORTH ALABAMA AREA TO GIVE THEM THE CHANCE TO CHOOSE THE COURSE OF THEIR CHILD'S ACADEMIC FUTURE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,142,132

Program Service Revenue $0

Investment Income $67,720

Other Revenue $297

TOTAL REVENUE $1,210,149

Expense Breakdown

Grants Paid $838,840

Salaries & Benefits $56,006

Fundraising Expenses $0

Program Expenses $926,114

Other Expenses $42,318

TOTAL EXPENSES $937,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,210,149	$1,711,657	-0.3%
Expenses	$937,164	$1,139,518	-0.2%
Net Income	$272,985	$572,139	-0.5%

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

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

$52,000

Total Directors

$52,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BECKY R WEIS	EXECUTIVE DI	40.00	Officer Director	$52,000	$0	$52,000
MELISSA CHAVEZ	SECRETARY	2.00	Officer Director	$0	$0	$0
LEAH FOX	DIRECTOR	1.00	Officer Director	$0	$0	$0
RON HICKS	DIRECTOR	1.00	Officer Director	$0	$0	$0
JACKLYN HOWELL	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
JOE KELLY	DIRECTOR	1.00	Officer Director	$0	$0	$0
JACK KLINE	TREASURER	2.00	Officer Director	$0	$0	$0
KELLY MARTIN	DIRECTOR	1.00	Officer Director	$0	$0	$0
BRIAN MOODY	DIRECTOR	1.00	Officer Director	$0	$0	$0
WHITNEY O'REAR	PRESIDENT	2.00	Officer 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
2025	$1,210,149	$937,164	$2,275,095	$272,985
2024	$1,711,657	$1,139,518	$2,000,845	$572,139
2023	$768,281	$938,060	$1,431,902	$-169,779
2022	$1,826,914	$1,292,785	$1,600,349	$534,129
2021	$926,619	$708,554	$1,067,941	$218,065
2020	$665,564	$3,217,335	$853,956	$-2,551,771
2019	$601,321	$1,743,949	$3,397,975	$-1,142,628

ROCKET CITY SCHOLARSHIP GRANTING ORGANIZATION INC