The Son Rhea Foundation Inc

EIN: 710919836 501(c)(3) Arts, Culture & Humanities

Bowling Green, KY

Total Revenue
$13,079
Total Expenses
$7,697
Total Assets
$43,002
Net Assets
$43,002
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
KY
Principal Officer
Tony D Lindsey
Phone
2707991718
Tax Period
2024-01-01 to 2024-12-31

The Son Rhea Foundation Inc, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $13K in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5K, a strong 41% operating margin.

Mission

TO PROVIDE FUNDS FOR CHILDREN TO PARTICIPATE IN MUSIC AND ART PROGRAMS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,060
Program Service Revenue $0
Investment Income $19
Other Revenue $0
TOTAL REVENUE $13,079

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $7,697
TOTAL EXPENSES $7,697

Year-over-Year Comparison

2024 2023 Change
Revenue $13,079 $88,988 -0.9%
Expenses $7,697 $82,098 -0.9%
Net Income $5,382 $6,890 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
10

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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID DORRIS DIRECTOR 002.00
Director
$0 $0 $0
SHARON LINDSEY DIRECTOR 002.00
Director
$0 $0 $0
TONY LINDSEY PRESIDENT 002.00
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 $13,079 $7,697 $43,002 $5,382
2023 $88,988 $82,098 $37,620 $6,890
2022 $19,170 $17,605 $30,730 $1,565
2021 $18,061 $13,125 $29,165 $4,936
2020 $13,463 $20,649 $24,229 $-7,186
2019 $21,551 $10,858 $31,415 $10,693
2018 $50,600 $32,217 $20,722 $18,383
Explore More Nonprofits
→Top 100 Nonprofits in Kentucky →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare The Son Rhea Foundation Inc with other nonprofits in Kentucky and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.