KEY TO DANVILLE FOUNDATION (EIN 541343580) - 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

1985

Legal Domicile

Principal Officer

MICHAEL L ADKINS

Phone

4347931753

Tax Period

2022-07-01 to 2023-06-30

KEY TO DANVILLE FOUNDATION, founded in 1985, is a small nonprofit that reported $202K in total revenue in fiscal year 2020. Revenue surged 9082% from the prior year, signaling strong growth momentum. The organization ran a surplus of $202K, a strong 100% operating margin.

Mission

TO PROMOTE EDUCATIONAL DEVELOPMENT

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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 (2022)

Revenue Breakdown

Contributions & Grants $35,200

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $35,200

Expense Breakdown

Grants Paid $237,690

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $237,690

Other Expenses $525

TOTAL EXPENSES $238,215

Year-over-Year Comparison

	2022	2021	Change
Revenue	$35,200	$5,300	+5.6%
Expenses	$238,215	$500	+475.4%
Net Income	$-203,015	$4,800	-43.3%

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

N/A

Independent Members

N/A

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
MARK B HOLLAND	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHAEL L ADKINS	TREASURER	2.00	Officer Director	$0	$0	$0
CORRIE T BOBE	EXECUTIVE DIRECTOR	2.00	Officer Director	$0	$0	$0
CHARLES MAJORS	PRESIDENT	2.00	Officer	$0	$0	$0
RUSSELL D REYNOLDS	SECRETARY	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$35,200	$238,215	$4,075	$-203,015
2022	$5,300	$500	$207,090	$4,800
2021	$202,000	$485	$202,290	$201,515

KEY TO DANVILLE FOUNDATION