Eudora Welty Foundation Inc (EIN 640909832) - 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

1999

Legal Domicile

Phone

6019486700

Tax Period

2023-01-01 to 2023-12-31

Eudora Welty Foundation Inc, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $577K in total revenue in fiscal year 2023. Revenue surged 310% from the prior year, signaling strong growth momentum. The organization ran a surplus of $299K, a strong 52% operating margin.

Mission

THE ORGANIZATION WAS CREATED TO ASSIST THE MISSISSIPPI DEPT. OF ARCHIVES AND HISTORY WITH THE PRESERVATION AND MAINTENANCE OF THE EUDORA WELTY HOUSE.

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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 $553,031

Program Service Revenue $0

Investment Income $23,550

Other Revenue $0

TOTAL REVENUE $576,581

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,720

Program Expenses $235,416

Other Expenses $278,000

TOTAL EXPENSES $278,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$576,581	$140,654	+3.1%
Expenses	$278,000	$199,323	+0.4%
Net Income	$298,581	$-58,669	-6.1%

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

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
N/A	TREASURER	2.0	Officer Director	$0	$0	$0
N/A	CHAIRMAN	2.0	Officer Director	$0	$0	$0
N/A	VICE CHAIRMAN	2.0	Officer Director	$0	$0	$0
N/A	SECRETARY	2.0	Officer Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	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	$576,581	$278,000	$2,037,605	$298,581
2022	$140,654	$199,323	$1,587,401	$-58,669
2021	$617,573	$263,834	$1,845,585	$353,739
2020	$229,196	$168,759	$1,377,429	$60,437
2019	$132,815	$191,817	$1,288,071	$-59,002
2018	$397,953	$212,408	$1,243,143	$185,545

Eudora Welty Foundation Inc