ALABAMA SCOTTISH RITE FOUNDATION (EIN 731632750) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

TIM VAUGHAN

Phone

2059572424

Tax Period

2023-01-01 to 2023-12-31

ALABAMA SCOTTISH RITE FOUNDATION, founded in 2002, is a small nonprofit in the Human Services sector that reported $167K in total revenue in fiscal year 2018. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $2.0M represent 143 months of operating reserves.

Mission

FUNDING PROGRAMS AIDING & ASSISTING PUBLIC SCHOOLS IN AL TEACHING CHILDREN WITH SPEECH AND COMMUNICATION PROBLEMS,DYSLEXIA, ETC.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $32,459

Program Service Revenue $0

Investment Income $74,182

Other Revenue $0

TOTAL REVENUE $106,641

Expense Breakdown

Grants Paid $69,000

Salaries & Benefits $70,283

Fundraising Expenses $0

Program Expenses $154,579

Other Expenses $39,531

TOTAL EXPENSES $178,814

Year-over-Year Comparison

	2023	2022	Change
Revenue	$106,641	$113,278	-0.1%
Expenses	$178,814	$151,074	+0.2%
Net Income	$-72,173	$-37,796	+0.9%

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

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

$30,788

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY WESTER	DEPUTY / TRUSTEE	1.00	Director	$0	$0	$0
TIM VAUGHAN	SECRETARY / TRUSTEE	6.00	Director	$0	$0	$30,788
KARL F REED	VICE PRESIDENT / TRUSTEE	1.00	Director	$0	$0	$0
JOHN REMLEY	PRESIDENT / TRUSTEE	1.00	Director	$0	$0	$0
JOHN LEE	TRESURER / TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH H BRACKIN	TRUSTEE	1.00	Director	$0	$0	$0
BOBBY PITTS	TRUSTEE	1.00	Director	$0	$0	$0
DANIEL ROBINSON	TRUSTEE	1.00	Director	$0	$0	$0
CAMERON OLIVE	TRUSTEE	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	No data	No data	No data	No data
2023	$106,641	$178,814	$2,679,264	$-72,173
2022	$113,278	$151,074	$2,361,919	$-37,796
2021	$199,484	$148,691	$2,993,202	$50,793
2020	$259,678	$137,219	$2,688,594	$122,459
2019	$193,246	$165,878	$2,266,039	$27,368
2018	$167,143	$165,071	$1,985,673	$2,072

ALABAMA SCOTTISH RITE FOUNDATION