FRIENDS OF THE ROSARY

EIN: 721096017 501(c)(3)

GRAY, LA

Total Revenue
$53,385
Total Expenses
$574,560
Total Assets
$57,290
Net Assets
$57,290
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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
1987
Legal Domicile
LA
Principal Officer
TRAVIS DAVID
Phone
9858738555
Tax Period
2022-01-01 to 2022-12-31

FRIENDS OF THE ROSARY, founded in 1987, is a micro nonprofit that reported $53K in total revenue in fiscal year 2022. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $575K exceeded revenue, resulting in a 976% operating deficit.

Mission

FRIENDS OF THE ROSARY'S MISSION IS TO PROVIDE SCHOLARSHIPS TO STUDENTS ATTENDING OUR LADY OF THE ROSARY SCHOOL THAT ARE IN NEED OF ASSISTANCE.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $8,350
Program Service Revenue $0
Investment Income $45,035
Other Revenue $0
TOTAL REVENUE $53,385

Expense Breakdown

Grants Paid $572,923
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $574,560
Other Expenses $1,637
TOTAL EXPENSES $574,560

Year-over-Year Comparison

2022 2021 Change
Revenue $53,385 $90,068 -0.4%
Expenses $574,560 $29,082 +18.8%
Net Income $-521,175 $60,986 -9.5%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BONNIE B BABIN PRESIDENT 0.00
Officer
$0 $0 $0
TRAVIS DAVID TREASURER 0.00
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
2022 $53,385 $574,560 $57,290 $-521,175
2021 $90,068 $29,082 $596,689 $60,986
2020 $66,980 $28,922 $535,703 $38,058
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