TRIANGLE OKTOBERFEST ROTARY FOUNDATION (EIN 812674524) - 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

David Byerley

Phone

9194488507

Tax Period

2023-01-01 to 2023-12-31

TRIANGLE OKTOBERFEST ROTARY FOUNDATION, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $158K in total revenue in fiscal year 2023. Revenue surged 482% from the prior year, signaling strong growth momentum. Expenses of $145K left a modest 8% surplus.

Mission

The Triangle Oktoberfest Rotary Foundation (Foundation) supports and raises funds for the Apex Sunrise Rotary Foundation, Cary MacGregor Rotary Foundation and other 501(c)(3) organizations in the community. To provide this funding the Foundation raises funds at its signature event the Triangle Oktoberfest, which is presented by members of the Apex Sunrise and Cary MacGregor Rotary Clubs as well as other volunteers.

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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 (2023)

Revenue Breakdown

Contributions & Grants $70,102

Program Service Revenue $0

Investment Income $0

Other Revenue $87,490

TOTAL REVENUE $157,592

Expense Breakdown

Grants Paid $142,000

Salaries & Benefits $0

Fundraising Expenses $2,326

Program Expenses $142,000

Other Expenses $2,948

TOTAL EXPENSES $144,948

Year-over-Year Comparison

	2023	2022	Change
Revenue	$157,592	$27,079	+4.8%
Expenses	$144,948	$35,000	+3.1%
Net Income	$12,644	$-7,921	-2.6%

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

167

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
Craig Duerr	Chair	4	Officer Director	$0	$0	$0
Edward Dreyer	Secretary	2	Officer Director	$0	$0	$0
David Byerley	Treasurer	2	Officer Director	$0	$0	$0
Randy Bosse'	Director	2	Director	$0	$0	$0
Daniel Hawley	Director	2	Director	$0	$0	$0
Mark Esposito	Director	2	Director	$0	$0	$0
Michael Moore	Director	2	Director	$0	$0	$0
Margaret Sophie	Director	2	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	$157,592	$144,948	$42,827	$12,644

TRIANGLE OKTOBERFEST ROTARY FOUNDATION