ROTARY DISTRICT 671 FOUNDATION INC (EIN 611740757) - 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

1983

Legal Domicile

Principal Officer

MIKE KULL

Phone

5028024485

Tax Period

2023-07-01 to 2024-06-30

ROTARY DISTRICT 671 FOUNDATION INC, founded in 1983, is a micro nonprofit in the Community Improvement sector that reported $24K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $39K exceeded revenue, resulting in a 66% operating deficit.

Mission

DISTRICT 671 ROTARY FOUNDATION, INC. (THE "CORPORATION") SHALL HOLD THE TITLE TO ALL CORPORATE PROPERTY OF THE CORPORATION ("CORPORATE PROPERTY") AND SHALL HOLD, INVEST, MANAGE AND ADMINISTER THE CORPORATE PROPERTY FOR THE FURTHERANCE OF ANY PHILANTHROPIC, CHARITABLE, EDUCATIONAL OR OTHER ELEEMOSYNARY PURPOSE, OBJECT, MOVEMENT, OR INSTITUTION, SPONSORED OR APPROVED BY ROTARY INTERNATIONAL OR ROTARY DISTRICT 6710.

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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 $10,012

Program Service Revenue $0

Investment Income $13,669

Other Revenue $0

TOTAL REVENUE $23,681

Expense Breakdown

Grants Paid $34,190

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,305

Other Expenses $5,115

TOTAL EXPENSES $39,305

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,681	$43,681	-0.5%
Expenses	$39,305	$452,467	-0.9%
Net Income	$-15,624	$-408,786	-1.0%

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	Role	Reportable Comp	Other Comp	Total
WOODY NORTHRUP	MEMBER	Director	$0	$0	$0
DAVID L WELLER	MEMBER	Director	$0	$0	$0
STEVEN B SHULTZ	MEMBER	Director	$0	$0	$0
STUART ALEXANDER	MEMBER	Director	$0	$0	$0
MICHAEL T OWSLEY	CHAIR	Officer	$0	$0	$0
JAYNE C CRISP	VICE CHAIR	Officer	$0	$0	$0
JO AN HEPPERMAN	SECRETARY	Officer	$0	$0	$0
OTHA RAY STEARMAN	TREASURER	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	$23,681	$39,305	$333,447	$-15,624
2023	$43,681	$452,467	$339,889	$-408,786
2022	$713,848	$278,937	$744,475	$434,911

ROTARY DISTRICT 671 FOUNDATION INC