The White Rock Fund (EIN 752813850) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

DAVID TARBET

Phone

2149262747

Tax Period

2023-01-01 to 2023-12-31

The White Rock Fund, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $388K in total revenue in fiscal year 2023. Revenue surged 85% from the prior year, signaling strong growth momentum. Expenses of $341K left a modest 12% surplus.

Mission

PROVIDING SUPPORT FOR CHURCHES OF CHRIST NATIONALLY AND INTERNATIONALLY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $186,031

Program Service Revenue $0

Investment Income $212,609

Other Revenue $-10,752

TOTAL REVENUE $387,888

Expense Breakdown

Grants Paid $266,092

Salaries & Benefits $32,295

Fundraising Expenses $6,797

Program Expenses $266,092

Other Expenses $42,873

TOTAL EXPENSES $341,260

Year-over-Year Comparison

	2023	2022	Change
Revenue	$387,888	$210,057	+0.8%
Expenses	$341,260	$333,445	+0.0%
Net Income	$46,628	$-123,388	-1.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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
DAVID TARBET	EXECUTIVE DIR, TRUSTEE	6.0	Officer Director	$0	$0	$0
PAULA TARBET	TRUSTEE	0.3	Director	$0	$0	$0
LARRY TAYLOR	TRUSTEE	0.3	Director	$0	$0	$0
MAC BROCKMAN	1ST VICE PRESIDENT	3.0	Officer Director	$0	$0	$0
BRIAN BUSH	2ND VICE PRESIDENT, TRUSTEE	3.0	Officer Director	$0	$0	$0
MONICA CLARK	TRUSTEE	0.3	Director	$0	$0	$0
KELLY ELANDER	TRUSTEE	0.3	Director	$0	$0	$0
MARIA JOYCE	TREASURER, trustee	0.3	Officer Director	$0	$0	$0
ROY JUSTICE	TRUSTEE	0.3	Director	$0	$0	$0
KEVIN KEIM	TRUSTEE	0.3	Director	$0	$0	$0
NORMAN PATTEN	SEC., TRUSTEE	5.0	Officer Director	$0	$0	$0
PARK LINSCOMB	TRUSTEE	0.3	Director	$0	$0	$0
BOB NIENSTADT	TRUSTEE	0.3	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	$387,888	$341,260	$2,114,307	$46,628
2022	$210,057	$333,445	$1,973,841	$-123,388
2021	$260,886	$298,038	$2,636,596	$-37,152
2020	$287,662	$359,701	$2,467,030	$-72,039
2019	$273,054	$389,703	$2,411,190	$-116,649
2018	$402,510	$383,721	$2,229,735	$18,789

The White Rock Fund