RODEHEAVER FOUNDATION INC (EIN 593354789) - 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

1995

Legal Domicile

Principal Officer

BOBBY COTHREN

Phone

3863286716

Tax Period

2023-01-01 to 2023-12-31

RODEHEAVER FOUNDATION INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $246K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $323K exceeded revenue, resulting in a 32% operating deficit.

Mission

THE ORGANIZATION WAS FORMED SOLELY FOR CHARITABLE PURPOSES TO OBTAIN DONATIONS OF MONEY AND PROPERTY, MANAGE ITS ASSOCIATED INVESTMENT PORTFOLIO AND, FROM TIME TO TIME AS MAY BE NECESSARY IN THE SOLE DISCRETION OF THE TRUSTEES, PROVIDE FINANCIAL ASSISTANCE TO ANY QUALIFIED NON-PROFIT CORPORATION THAT PROVIDES CARE FOR NEEDY CHILDREN.

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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 $117,408

Program Service Revenue $0

Investment Income $127,891

Other Revenue $402

TOTAL REVENUE $245,701

Expense Breakdown

Grants Paid $86,959

Salaries & Benefits $88,120

Fundraising Expenses $171,391

Program Expenses $86,959

Other Expenses $148,386

TOTAL EXPENSES $323,465

Year-over-Year Comparison

	2023	2022	Change
Revenue	$245,701	$374,904	-0.3%
Expenses	$323,465	$553,395	-0.4%
Net Income	$-77,764	$-178,491	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL MARTINEZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
BOBBY COTHREN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
THE HONORABLE EDWARD E HEDSTROM	SECRETARY	1.00	Officer Director	$0	$0	$0
C BEN BATES JR	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN P BROWNING JR	TRUSTEE	1.00	Director	$0	$0	$0
CARLTON SPENCE	TRUSTEE	1.00	Director	$0	$0	$0
DR STEVE CHAPMAN	TRUSTEE	1.00	Director	$0	$0	$0
MARC SPALDING	TRUSTEE	1.00	Director	$0	$0	$0
DR RICHARD PERALLON	TRUSTEE	1.00	Director	$0	$0	$0
DONALD HOLMES	TRUSTEE	1.00	Director	$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	No data	No data	No data	No data
2023	$245,701	$323,465	$4,336,931	$-77,764
2022	$374,904	$553,395	$3,730,299	$-178,491
2021	$534,290	$281,206	$4,398,278	$253,084
2020	$875,939	$246,867	$3,927,094	$629,072
2019	$186,514	$341,901	$3,104,470	$-155,387
2018	$234,436	$248,836	$2,878,955	$-14,400

RODEHEAVER FOUNDATION INC