SHELBYVILLE AREA COMMUNITY FOUNDATION (EIN 721545377) - 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

2003

Legal Domicile

Principal Officer

R NOEL BOLINGER II

Phone

2178270678

Tax Period

2024-01-01 to 2024-12-31

SHELBYVILLE AREA COMMUNITY FOUNDATION, founded in 2003, is a micro nonprofit in the Recreation & Sports sector that reported $81K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $108K exceeded revenue, resulting in a 33% operating deficit.

Mission

ENHANCE THE QUALITY OF LIFE IN THE SHELBYVILLE AREA

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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 (2024)

Revenue Breakdown

Contributions & Grants $73,625

Program Service Revenue $0

Investment Income $7,505

Other Revenue $0

TOTAL REVENUE $81,130

Expense Breakdown

Grants Paid $24,209

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $107,237

Other Expenses $83,655

TOTAL EXPENSES $107,864

Year-over-Year Comparison

	2024	2023	Change
Revenue	$81,130	$90,491	-0.1%
Expenses	$107,864	$100,677	+0.1%
Net Income	$-26,734	$-10,186	+1.6%

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

180

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
R NOEL BOLINGER II	PRESIDENT	5.00	Officer Director	$0	$0	$0
WALTER LOOKOFSKY	SECRETARY	5.00	Officer Director	$0	$0	$0
MARY BOLINGER	TREASURER	5.00	Officer Director	$0	$0	$0
JERRY YOCKEY	DIRECTOR	1.00	Director	$0	$0	$0
RG SMART	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM SHOAFF	DIRECTOR	1.00	Director	$0	$0	$0
MOLLY PRUEMER	DIRECTOR	1.00	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	$81,130	$107,864	$430,279	$-26,734
2023	$90,491	$100,677	$517,815	$-10,186
2022	$191,769	$178,253	$501,124	$13,516
2021	$178,998	$118,214	$487,608	$60,784
2020	$112,142	$107,007	$426,824	$5,135
2019	$183,799	$191,445	$421,689	$-7,646
2018	$128,927	$105,077	$429,335	$23,850

SHELBYVILLE AREA COMMUNITY FOUNDATION