Friends of Rosedown Inc (EIN 721500080) - 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

2000

Legal Domicile

Principal Officer

Heather Spillman

Phone

2252315015

Tax Period

2023-01-01 to 2023-12-31

Friends of Rosedown Inc, founded in 2000, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $31K in total revenue in fiscal year 2023. Revenue surged 132% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9K, a strong 29% operating margin.

Mission

To provide the State of Louisiana with financial and other support in connection with the operation of Rosedown Plantation Historical site for educational 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 (2023)

Revenue Breakdown

Contributions & Grants $11,084

Program Service Revenue $10,891

Investment Income $846

Other Revenue $7,891

TOTAL REVENUE $30,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,163

Other Expenses $21,721

TOTAL EXPENSES $21,721

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,712	$13,218	+1.3%
Expenses	$21,721	$14,529	+0.5%
Net Income	$8,991	$-1,311	-7.9%

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
Patrick Tandy	President	001.00	Officer	$0	$0	$0
Randy Harelson	Vice President	000.50	Officer	$0	$0	$0
Mary Owen	Secretary	000.50	Officer	$0	$0	$0
Heather Spillman	Treasurer	000.50	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	No data	No data	No data	No data
2023	$30,712	$21,721	$709,970	$8,991
2022	$13,218	$14,529	$700,979	$-1,311
2021	$15,553	$4,604	$702,290	$10,949
2020	$14,629	$19,705	$691,341	$-5,076
2019	$36,537	$30,280	$691,241	$6,257
2018	$45,666	$22,516	$681,524	$23,150

Friends of Rosedown Inc