FLOYD THROCKMORTON TEST CHAR TRUST

EIN: 736202955 501(c)(3)

GUTHRIE, OK

Total Revenue
$86,550
Total Expenses
$66,719
Total Assets
$1,236,797
Net Assets
$1,236,797
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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
1985
Legal Domicile
OK
Principal Officer
GLEN CHANEY
Phone
4052821281
Tax Period
2023-01-01 to 2023-12-31

FLOYD THROCKMORTON TEST CHAR TRUST, founded in 1985, is a micro nonprofit that reported $87K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $20K, a strong 23% operating margin.

Mission

PROVIDE FUNDS TO OTHER TAX-EXEMPT ORGANIZATIONS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $46,602
Other Revenue $39,948
TOTAL REVENUE $86,550

Expense Breakdown

Grants Paid $65,723
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $65,723
Other Expenses $996
TOTAL EXPENSES $66,719

Year-over-Year Comparison

2023 2022 Change
Revenue $86,550 $94,054 -0.1%
Expenses $66,719 $47,142 +0.4%
Net Income $19,831 $46,912 -0.6%
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

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Governance

Voting Members
1
Independent Members
1
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 10.00
$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 $86,550 $66,719 $1,236,797 $19,831
2022 $94,054 $47,142 $1,105,056 $46,912
2021 $163,461 $44,994 $1,268,770 $118,467
2020 $61,839 $46,626 $1,112,089 $15,213
2019 $108,295 $40,143 $1,057,533 $68,152
2018 $186,307 $37,005 $868,288 $149,302
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