HASTINGS SCOTTISH RITE FOUNDATION (EIN 470779515) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

J PHILLIP ODOM

Phone

4024625813

Tax Period

2024-01-01 to 2024-12-31

HASTINGS SCOTTISH RITE FOUNDATION, founded in 1991, is a small nonprofit in the Education sector that reported $109K in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $59K, a strong 54% operating margin.

Mission

TO PROMOTE AND SUPPORT CHILDRENS EDUCATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,604

Program Service Revenue $0

Investment Income $91,474

Other Revenue $0

TOTAL REVENUE $109,078

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,437

Other Expenses $49,772

TOTAL EXPENSES $49,772

Year-over-Year Comparison

	2024	2023	Change
Revenue	$109,078	$58,612	+0.9%
Expenses	$49,772	$57,493	-0.1%
Net Income	$59,306	$1,119	+52.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J PHILLIP ODOM	SECRETARY/TREASURER	002.00	Officer Director	$0	$0	$0
GEORGE W WHITE	BOARD MEMBER	002.00	Director	$0	$0	$0
MICHAEL L SMALL	BOARD MEMBER	002.00	Director	$0	$0	$0
JEFFREY A HERBER	PRESIDENT	002.00	Officer Director	$0	$0	$0
ROLAND A ENGEL	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
GREGORY B SEILER	BOARD MEMBER	002.00	Director	$0	$0	$0
RONALD A NIELSEN	BOARD MEMBER	002.00	Director	$0	$0	$0
WILLIAM C CARSON	BOARD MEMBER	002.00	Director	$0	$0	$0
KIRK L MCNEAL	BOARD MEMBER	002.00	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	$109,078	$49,772	$999,097	$59,306
2023	$58,612	$57,493	$939,791	$1,119
2022	$63,368	$39,141	$938,672	$24,227
2021	$105,909	$50,292	$914,445	$55,617
2020	$65,308	$55,676	$858,828	$9,632
2019	$64,888	$74,880	$849,196	$-9,992
2018	$176,826	$51,541	$859,188	$125,285

HASTINGS SCOTTISH RITE FOUNDATION