HC Drew Estate (EIN 726019245) - 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

1917

Legal Domicile

Principal Officer

Louie D Barbe III

Phone

3374336293

Tax Period

2023-01-01 to 2023-12-31

HC Drew Estate, founded in 1917, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 9% surplus.

Mission

To provide funds for general 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 $0

Program Service Revenue $0

Investment Income $2,441,514

Other Revenue $1,603,705

TOTAL REVENUE $4,045,219

Expense Breakdown

Grants Paid $2,978,293

Salaries & Benefits $612,996

Fundraising Expenses $0

Program Expenses $3,342,717

Other Expenses $87,820

TOTAL EXPENSES $3,679,109

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,045,219	$3,042,077	+0.3%
Expenses	$3,679,109	$4,857,969	-0.2%
Net Income	$366,110	$-1,815,892	-1.2%

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

N/A

Independent Members

N/A

Employees

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

$232,078

Total Directors

$232,078

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
C Wade Shaddock Jr	Former President	40.00	Officer Director	$23,889	$0	$23,889
Louie D Barbe III	President	40.00	Officer Director	$112,491	$0	$112,491
John R Pohorelsky	Assistant Sec.	35.00	Director	$0	$0	$0
Louie D Barbe IV	Secretary/Treasurer	40.00	Officer Director	$95,698	$0	$95,698

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	$4,045,219	$3,679,109	$93,680,905	$366,110
2022	$3,042,077	$4,857,969	$82,614,073	$-1,815,892
2021	$10,558,420	$4,198,199	$104,014,829	$6,360,221
2020	$1,776,986	$3,320,042	$89,945,751	$-1,543,056

HC Drew Estate