SOUTHERN REGIONAL TECHNICAL COLLEGE FOUNDATION INC (EIN 581899079) - 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

1989

Legal Domicile

Principal Officer

AMY MAISON

Phone

2292254060

Tax Period

2023-07-01 to 2024-06-30

SOUTHERN REGIONAL TECHNICAL COLLEGE FOUNDATION INC, founded in 1989, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE THE CAUSE OF HIGHER EDUCATION AND EXPAND EDUCATIONAL OPPORTUNITIES TO THE STUDENTS OF SOUTHERN REGIONAL TECHNICAL COLLEGE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,092,704

Program Service Revenue $0

Investment Income $57,341

Other Revenue $0

TOTAL REVENUE $1,150,045

Expense Breakdown

Grants Paid $980,383

Salaries & Benefits $0

Fundraising Expenses $63,352

Program Expenses $985,125

Other Expenses $167,876

TOTAL EXPENSES $1,148,259

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,150,045	$940,552	+0.2%
Expenses	$1,148,259	$969,978	+0.2%
Net Income	$1,786	$-29,426	-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

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
BARBARA ANDERSON	TRUSTEE	1.00	Director	$0	$0	$0
MARK COBB	TREASURER	1.00	Officer Director	$0	$0	$0
JASON HARPE	TRUSTEE	1.00	Director	$0	$0	$0
JANET LILES	TRUSTEE	1.00	Director	$0	$0	$0
TOMMY PATEL	TRUSTEE	1.00	Director	$0	$0	$0
ROBBY PITTS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BOB SWADEL	CHAIR	1.00	Officer Director	$0	$0	$0
EMILY WATSON	SECRETARY	1.00	Officer Director	$0	$0	$0
TIM SMITH	TRUSTEE	1.00	Director	$0	$0	$0
JOEL DUQUE	TRUSTEE	1.00	Director	$0	$0	$0
JIM GLASS	PRESIDENT	0.00	Officer	$0	$0	$0
AMY MAISON	VP INSTITUTIONAL ADVANCEMENT	0.00	Officer	$0	$0	$0
CHRISTINA RENEAU	DIRECTOR INSTITUTIONAL ADVANCEMENT	0.00	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
2024	$1,150,045	$1,148,259	$2,797,439	$1,786
2023	$940,552	$969,978	$2,714,218	$-29,426
2022	$720,284	$807,003	$2,625,305	$-86,719
2021	$1,336,960	$709,521	$2,727,074	$627,439
2020	$820,062	$792,412	$2,155,830	$27,650
2019	$686,391	$781,013	$2,133,244	$-94,622
2018	$826,401	$785,511	$2,234,109	$40,890

SOUTHERN REGIONAL TECHNICAL COLLEGE FOUNDATION INC