Regions Tradition Foundation Inc

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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

1992

Legal Domicile

Principal Officer

JOHN BOCHNAK

Phone

2059674745

Tax Period

2019-10-01 to 2020-09-30

Regions Tradition Foundation Inc, founded in 1992, is a micro nonprofit in the Unknown sector that reported $139 in total revenue in fiscal year 2019. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $10K exceeded revenue, resulting in a 7361% operating deficit.

Mission

SERVES AS HOST AND SPONSOR OF A CHARITY GOLF TOURNAMENT. THE REGIONS TRADITION FOUNDATION BENEFITS THE ENTIRE STATE THROUGH THE DISTRUBUTION OF ALL NET REVENUE TO LOCAL CHARITIES.

Program Service Accomplishments

Program 1

Expenses: $10,371 Revenue: $0

THE REGIONS TRADITION FOUNDATION ("THE FOUNDATION") WAS ESTABLISHED TO HOST AND MANAGE THE ANNUAL REGIONS TRADITION GOLF TOURNAMENT. THE FOUNDATION THEN DISTRIBUTES ALL NET REVENUES TO LOCAL...

THE REGIONS TRADITION FOUNDATION ("THE FOUNDATION") WAS ESTABLISHED TO HOST AND MANAGE THE ANNUAL REGIONS TRADITION GOLF TOURNAMENT. THE FOUNDATION THEN DISTRIBUTES ALL NET REVENUES TO LOCAL CHARITIES FOR UNDESIGNATED PURPOSES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $139

Other Revenue $0

TOTAL REVENUE $139

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,371

Other Expenses $10,371

TOTAL EXPENSES $10,371

Year-over-Year Comparison

	2019	2018	Change
Revenue	$139	$5,457	-1.0%
Expenses	$10,371	$11,963	-0.1%
Net Income	$-10,232	$-6,506	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bill Askew	Chairman	1.0	Director	$0	$0	$0
Ronnie Bruno	Secretary	1.0	Officer Director	$0	$0	$0
Scott Peters	Vice President	1.0	Officer Director	$0	$0	$0
Bill Ritter	Member	1.0	Director	$0	$0	$0
Frank D'Amico	Member	1.0	Director	$0	$0	$0
Kate Nieslen	Member	1.0	Director	$0	$0	$0
Rena Ramsey	Member	1.0	Director	$0	$0	$0
Ann Forney	Member	1.0	Director	$0	$0	$0
Bill Horton	President/CEO	1.0	Officer Director	$0	$0	$0
Paul Hodges	Treasurer	1.0	Officer 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
2020	$139	$10,371	$563,961	$-10,232