THE VERO BEACH ROTARY CHARITIES FOUNDATION INC (EIN 656416241) - 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

1992

Legal Domicile

Principal Officer

DANIEL FOURMONT

Phone

7722312100

Tax Period

2021-07-01 to 2022-06-30

THE VERO BEACH ROTARY CHARITIES FOUNDATION INC, founded in 1992, is a micro nonprofit in the Education sector that reported $32K in total revenue in fiscal year 2021. Expenses of $29K left a modest 9% surplus.

Mission

THE FOUNDATION DONATES TO VARIOUS SEC 501(C)(3) CHARITABLE ORGANIZATIONS INCLUDING TO ORGANIZATIONS PROVIDING SCHOLARSHIPS TO AREA'S YOUTH

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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 (2021)

Revenue Breakdown

Contributions & Grants $2,830

Program Service Revenue $0

Investment Income $23,432

Other Revenue $5,800

TOTAL REVENUE $32,062

Expense Breakdown

Grants Paid $28,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,800

Other Expenses $318

TOTAL EXPENSES $29,118

Year-over-Year Comparison

	2021	2020	Change
Revenue	$32,062	N/A	N/A
Expenses	$29,118	N/A	N/A
Net Income	$2,944	$0	N/A

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
RICHARD CARLIN	SECRETARY/TRUSTEE	1.00	Officer Director	$0	$0	$0
KATHRYN BARTON	TREASURER/TRUSTEE	1.00	Officer Director	$0	$0	$0
KEVIN BAILEY	DIRECTOR/TRUSTEE	0.50	Director	$0	$0	$0
DANIEL FOURMONT	CHAIRMAN/TRUSTEE	1.00	Officer Director	$0	$0	$0
KENNETH LIGON	DIRECTOR/TRUSTEE	0.50	Director	$0	$0	$0
STUART KENNEDY	DIRECTOR/TRUSTEE	0.50	Director	$0	$0	$0
OPHELIA ANGELONE	DIRECTOR/TRUSTEE	0.50	Director	$0	$0	$0
MICHAEL KANUKA	DIRECTOR/TRUSTEE	0.50	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
2022	$32,062	$29,118	$307,217	$2,944
2019	$18,945	$22,179	$293,760	$-3,234

THE VERO BEACH ROTARY CHARITIES FOUNDATION INC