FORT WORTH SCOTTISH RITE FOUNDATION INC (EIN 751878541) - 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

1983

Legal Domicile

Principal Officer

JEFF BILLINGTON

Phone

8173356004

Tax Period

2024-01-01 to 2024-12-31

FORT WORTH SCOTTISH RITE FOUNDATION INC, founded in 1983, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $756K, a strong 75% operating margin.

Mission

TO PROVIDE STUDENT SCHOLARSHIPS AND DONATE TO TEXAS SCOTTISH RITE HOSPITAL AND OTHER AGENCIES AND PROGRAMS SUPPORTING YOUTH AND THE COMMUNITY.

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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 $94,771

Program Service Revenue $0

Investment Income $174,712

Other Revenue $745,426

TOTAL REVENUE $1,014,909

Expense Breakdown

Grants Paid $152,535

Salaries & Benefits $0

Fundraising Expenses $1,710

Program Expenses $163,261

Other Expenses $106,231

TOTAL EXPENSES $258,766

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,014,909	$685,404	+0.5%
Expenses	$258,766	$214,573	+0.2%
Net Income	$756,143	$470,831	+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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

119

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

$37,319

Total Directors

$37,319

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES A ROGERSON	PRESIDENT	3.00	Officer Director	$0	$0	$0
H MICHAEL MOTLEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
H FINLAY WATKINS	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
MICHAEL W ELLIOTT	TREASURER	2.00	Officer Director	$0	$0	$0
JEFF C BILLINGTON	SECRETARY	2.00	Officer Director	$0	$0	$37,319
DANNY J GILBERT	CHAPLAIN	1.00	Officer Director	$0	$0	$0
JOHN R ALLEN	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
KEVIN M CARAWAY	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
MICHAEL A HAVERLAND	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
DAVID H SEBASTIAN	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JACOB R SHELTON	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
KENNETH C CURRY	MEMBER, BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ROBERT R NURSEY	MEMBER, BOARD OF DIRECTORS	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	$1,014,909	$258,766	$4,447,627	$756,143
2023	$685,404	$214,573	$3,392,822	$470,831
2022	$446,063	$208,160	$2,824,044	$237,903
2021	$356,203	$162,087	$2,958,198	$194,116
2020	$276,167	$198,404	$2,093,979	$77,763
2019	$466,044	$219,973	$2,186,250	$246,071
2018	$303,893	$191,379	$1,960,356	$112,514

FORT WORTH SCOTTISH RITE FOUNDATION INC