Tena & Fred Oates Foundation (EIN 571066228) - 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

1998

Legal Domicile

Phone

8645820138

Tax Period

2025-01-01 to 2025-12-31

Tena & Fred Oates Foundation, founded in 1998, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $52K in total revenue in fiscal year 2025. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36K, a strong 70% operating margin.

Mission

Charitable and philanthropic endeavors in support of and in conjunction with the Spartanburg county foundation.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $52,210

Other Revenue $0

TOTAL REVENUE $52,210

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $15,745

TOTAL EXPENSES $15,745

Year-over-Year Comparison

	2025	2024	Change
Revenue	$52,210	$31,843	+0.6%
Expenses	$15,745	$15,200	+0.0%
Net Income	$36,465	$16,643	+1.2%

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

N/A

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

$262,867

Total Directors

$262,867

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IRENE O HOWELL	CHAIRWOMAN	1.0	Officer Director	$0	$0	$0
KATE O DARGAN	PRESIDENT	1.0	Officer Director	$0	$0	$0
THEODORE W GAGE JR	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
TROY HANNA	SECRETARY	1.0	Officer Director	$0	$41,922	$262,867

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	$52,210	$15,745	$1,153,996	$36,465
2024	$31,843	$15,200	$1,015,452	$16,643
2023	$14,144	$38,085	$916,177	$-23,941
2022	$12,893	$13,486	$858,726	$-593
2021	$10,939	$39,389	$978,427	$-28,450
2020	$9,864	$12,524	$928,850	$-2,660
2019	$10,568	$12,274	$855,419	$-1,706
2018	$11,225	$52,307	$753,970	$-41,082

Tena & Fred Oates Foundation