OAK RIDGE FOUNDATION INC (EIN 560847845) - 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

1962

Legal Domicile

Principal Officer

KEN MCDANIEL

Phone

3366434131

Tax Period

2024-08-01 to 2025-07-31

OAK RIDGE FOUNDATION INC, founded in 1962, is a community nonprofit in the Education sector that reported $3.3M in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $3.7M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE MISSION OF OAK RIDGE MILITARY ACADEMY, A COLLEGE PREPARATORY SCHOOL, IS TO PROVIDE AN EDUCATIONAL ENVIRONMENT WHICH STIMULATES CURIOSITY, FOSTERS SCHOLARLY COMPETENCE, ENCOURAGES ACADEMIC EXCELLENCE, REWARDS SELF-DISCIPLINE, AND DEVELOPS LEADERSHIP POTENTIAL THROUGH STUDENT INVOLVEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $217,939

Program Service Revenue $2,804,982

Investment Income $0

Other Revenue $284,899

TOTAL REVENUE $3,307,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,904,036

Fundraising Expenses $360,102

Program Expenses $2,374,397

Other Expenses $1,765,429

TOTAL EXPENSES $3,669,465

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,307,820	$6,225,806	-0.5%
Expenses	$3,669,465	$3,588,472	+0.0%
Net Income	$-361,645	$2,637,334	-1.1%

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

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

$93,386

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN MCDANIEL	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JIM SAVAGE	VICE-CHAIRMAN	1.00	Officer Director	$0	$0	$0
FORTH HEFFNER	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN JAMES	TRUSTEE	1.00	Director	$0	$0	$0
JASON RALSTON	TRUSTEE	1.00	Director	$0	$0	$0
KEN HARTMAN	TRUSTEE	1.00	Director	$0	$0	$0
CAROLOS GARCIA	TRUSTEE	1.00	Director	$0	$0	$0
MIKE STONE	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT CAVINESS	TRUSTEE	1.00	Director	$0	$0	$0
DR THOMAS S WILSON	PRESIDENT	40.00	Officer	$14,000	$6,434	$20,434
SHANNON BOWLES	CFO	40.00	Officer	$72,210	$742	$72,952
ADAM FORSBERG	CFO	40.00	Officer	$0	$0	$0
ROBERT P FORDE	ADMISSIONS DIRECTOR	40.00	Highest	$151,348	$5,466	$156,814

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	$3,307,820	$3,669,465	$6,966,193	$-361,645
2021	$2,927,708	$3,388,248	$8,591,554	$-460,540
2020	$2,455,262	$2,654,128	$7,477,069	$-198,866
2019	$2,384,997	$2,904,739	$7,406,962	$-519,742
2018	$2,635,481	$3,640,259	$8,128,952	$-1,004,778

OAK RIDGE FOUNDATION INC