DALTON STATE COLLEGE FOUNDATION INC (EIN 586067358) - 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

1967

Legal Domicile

Principal Officer

DAVID ELROD

Phone

7062724473

Tax Period

2024-01-01 to 2024-12-31

DALTON STATE COLLEGE FOUNDATION INC, founded in 1967, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 46% operating margin.

Mission

TO PROVIDE INDIVIDUAL GRANTS, SCHOLARSHIPS AND EDUCATIONAL PROGRAMS FOR ELIGIBLE FACULTY AND RESIDENTS OF THE NORTH GEORGIA AREA

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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 $1,923,466

Program Service Revenue $0

Investment Income $1,824,284

Other Revenue $-52,904

TOTAL REVENUE $3,694,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $33,609

Program Expenses $1,865,393

Other Expenses $1,982,742

TOTAL EXPENSES $1,982,742

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,694,846	$2,106,777	+0.8%
Expenses	$1,982,742	$1,432,842	+0.4%
Net Income	$1,712,104	$673,935	+1.5%

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
JOHN M FUCHKO III	EX-OFFICIO TRUSTEE	0.00	Director	$0	$0	$0
FREDERICK H HOWALT III	IMMEDIATE PAST CHAIRMAN	0.00	Officer Director	$0	$0	$0
MURRAY W BANDY	TRUSTEE	0.00	Director	$0	$0	$0
DAVID E PENNINGTON III	CHAIRMAN	0.00	Officer Director	$0	$0	$0
G ROBERT BUCHANAN	TRUSTEE	0.00	Director	$0	$0	$0
DAN COMBS	TRUSTEE	0.00	Director	$0	$0	$0
R LYNETTE LAUGHTER	TRUSTEE	0.00	Director	$0	$0	$0
SARA C PIERCE	TRUSTEE	0.00	Director	$0	$0	$0
JOHN SHAHEEN	TRUSTEE	0.00	Director	$0	$0	$0
C KENNETH WHITE	TRUSTEE	0.00	Director	$0	$0	$0
MITCH SANFORD	TRUSTEE	0.00	Director	$0	$0	$0
JAMIE CONNORS	TRUSTEE	0.00	Director	$0	$0	$0
ANNA ADAMSON	TRUSTEE	0.00	Director	$0	$0	$0
DAVID E PENNINGTON IV	TRUSTEE	0.00	Director	$0	$0	$0
RICK HOOPER	TRUSTEE	0.00	Director	$0	$0	$0
JESSE MAGANA	TRUSTEE	0.00	Director	$0	$0	$0
BRYAN E MCALLISTER	TRUSTEE	0.00	Director	$0	$0	$0
JOSHUA J WILSON	EX-OFFICIO SECRETARY	0.00	Officer Director	$0	$0	$0
DAVID J ELROD	EX-OFFICO TREASURER	40.00	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	$3,694,846	$1,982,742	$53,255,124	$1,712,104
2023	$2,106,777	$1,432,842	$48,117,343	$673,935
2022	$2,637,524	$1,505,799	$43,857,222	$1,131,725
2021	$3,261,182	$1,119,343	$47,556,347	$2,141,839
2020	$2,648,065	$1,152,777	$42,569,812	$1,495,288
2019	$4,298,186	$1,370,860	$39,464,068	$2,927,326
2018	$5,071,933	$4,356,725	$33,780,147	$715,208

DALTON STATE COLLEGE FOUNDATION INC