SOMERVELL HISTORY FOUNDATION (EIN 752894511) - 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

2000

Legal Domicile

Principal Officer

ANN CARVER

Phone

2548974301

Tax Period

2024-01-01 to 2024-12-31

SOMERVELL HISTORY FOUNDATION, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $290K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $118K, a strong 41% operating margin.

Mission

SUPPORT EDUCATION AND PRESERVATION OF HISTORIC RESOURCES OF GLEN ROSE AND SOMERVELL COUNTY, TEXAS

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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 $24,400

Program Service Revenue $7,341

Investment Income $270,150

Other Revenue $-12,367

TOTAL REVENUE $289,524

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $138,029

Other Expenses $171,683

TOTAL EXPENSES $171,683

Year-over-Year Comparison

	2024	2023	Change
Revenue	$289,524	$367,678	-0.2%
Expenses	$171,683	$270,547	-0.4%
Net Income	$117,841	$97,131	+0.2%

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

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN CARVER	PRESIDENT	5.00	Officer Director	$0	$0	$0
KELLY HARRIS	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
DEMETRA CONRAD	TREASURER	5.00	Officer Director	$0	$0	$0
ANGELA CONWAY	SECRETARY	1.00	Director	$0	$0	$0
BRENDA RANSOM	DIRECTOR	1.00	Director	$0	$0	$0
VALERIE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
SHEYANNE SMART	DIRECTOR	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	$289,524	$171,683	$1,459,754	$117,841
2023	$367,678	$270,547	$1,372,296	$97,131
2022	$210,420	$135,957	$1,135,146	$74,463
2021	$205,530	$143,982	$1,315,560	$61,548
2020	$183,030	$90,404	$1,151,122	$92,626
2019	$485,317	$94,209	$1,059,273	$391,108
2018	$69,077	$70,273	$672,433	$-1,196

SOMERVELL HISTORY FOUNDATION