Finding Our Roots (EIN 811681623) - 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

2016

Legal Domicile

Principal Officer

Margie Scoby

Phone

9858559202

Tax Period

2024-01-01 to 2024-12-31

Finding Our Roots, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $223K in total revenue in fiscal year 2024. Revenue surged 206% from the prior year, signaling strong growth momentum. The organization ran a surplus of $144K, a strong 65% operating margin.

Mission

The celebration of African American History in the Louisiana Parishes of Terrebonne, Lafourche and St. Mary

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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 $222,436

Program Service Revenue $0

Investment Income $273

Other Revenue $0

TOTAL REVENUE $222,709

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,084

Other Expenses $78,769

TOTAL EXPENSES $78,769

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,709	$72,811	+2.1%
Expenses	$78,769	$58,532	+0.3%
Net Income	$143,940	$14,279	+9.1%

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

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
Margie Scoby	President	25.00	Officer Director	$0	$0	$0
Troy Welch	Vice President	1.00	Officer Director	$0	$0	$0
Martha Turner	Secretary	1.00	Officer Director	$0	$0	$0
Charitine Streams	Member	1.00	Director	$0	$0	$0
Sadie George	Member	1.00	Director	$0	$0	$0
Kori Alexander	Member	1.00	Director	$0	$0	$0
Larry Singleton	Member	1.00	Director	$0	$0	$0
Curtis Robinson	Member	1.00	Director	$0	$0	$0
Kazai Brown	Member	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	$222,709	$78,769	$294,824	$143,940

Finding Our Roots