SHAMROCK FOUNDATION INCORPORATION (EIN 814780436) - 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

2018

Legal Domicile

Phone

8006195920

Tax Period

2024-01-01 to 2024-12-31

SHAMROCK FOUNDATION INCORPORATION, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $264K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $401K exceeded revenue, resulting in a 52% operating deficit.

Mission

TO PROVIDE AN ENVIRONMENT OF SAFE REFUGE FOR HOMELESSNESS

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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 $152,625

Program Service Revenue $0

Investment Income $111,293

Other Revenue $0

TOTAL REVENUE $263,918

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $351,662

Other Expenses $401,044

TOTAL EXPENSES $401,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$263,918	$919,030	-0.7%
Expenses	$401,044	$410,901	0.0%
Net Income	$-137,126	$508,129	-1.3%

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

N/A

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
OLAYINKA LATINWO	PRES	20.00	Officer	$0	$0	$0
LARRY O LATINWO	SECRETARY	20.00	Officer	$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	$263,918	$401,044	$3,207,104	$-137,126
2023	$919,030	$410,901	$3,344,230	$508,129
2022	$1,716,131	$449,198	$2,836,101	$1,266,933
2021	$898,500	$249,810	$1,569,168	$648,690
2020	$500,044	$126,534	$920,478	$373,510
2019	$350,000	$53,032	$546,968	$296,968
2018	$250,000	No data	$250,000	No data

SHAMROCK FOUNDATION INCORPORATION