ADRA SCHOLARSHIP FOUNDATION (EIN 526056303) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1963

Legal Domicile

Principal Officer

DOUG REINERT

Phone

5712080428

Tax Period

2021-09-01 to 2022-08-31

ADRA SCHOLARSHIP FOUNDATION INC, founded in 1963, is a micro nonprofit in the Education sector that reported $47K in total revenue in fiscal year 2017. Revenue surged 218% from the prior year, signaling strong growth momentum. Expenses of $54K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROMOTE EDUCATION THROUGH SCHOLARSHIPS BASED UPON ACADEMIC ACHIEVEMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $30,152

Program Service Revenue $0

Investment Income $5,055

Other Revenue $4,670

TOTAL REVENUE $39,877

Expense Breakdown

Grants Paid $39,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,250

Other Expenses $13,241

TOTAL EXPENSES $52,241

Year-over-Year Comparison

	2021	2020	Change
Revenue	$39,877	$40,104	0.0%
Expenses	$52,241	$56,469	-0.1%
Net Income	$-12,364	$-16,365	-0.2%

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
DOUG REINERT	PRESIDENT	1.00	Officer Director	$0	$0	$0
LINDA PITMAN	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
MIKE SWIFT	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
THERESA COLBERT	DIRECTOR	1.00	Director	$0	$0	$0
JIM STEINBECK	DIRECTOR	1.00	Director	$0	$0	$0
DANNY BALDWIN	DIRECTOR	1.00	Director	$0	$0	$0
KAYLA BEASLEY	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE CAHILL	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN MORROW	DIRECTOR	1.00	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
2022	$39,877	$52,241	$403,147	$-12,364
2021	$40,104	$56,469	$418,020	$-16,365
2020	$54,497	$53,059	$430,876	$1,438
2019	$17,433	$47,531	$435,938	$-30,098
2018	$47,392	$54,032	$462,536	$-6,640

ADRA SCHOLARSHIP FOUNDATION