RED TAIL SCHOLARSHIP FOUNDATION (EIN 820797944) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Principal Officer

WILL SPARROW

Phone

3347213591

Tax Period

2023-01-01 to 2023-12-31

RED TAIL SCHOLARSHIP FOUNDATION, founded in 2017, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2020. The organization ran a surplus of $618K, a strong 51% operating margin.

Mission

THE RED TAIL SCHOLARSHIP FOUNDATION IS A NON-PROFIT ORGANIZATION COMMITTED TO THE CAREER DEVELOPMENT OF AFRICAN AMERICAN HIGH SCHOOL AND COLLEGE STUDENTS IN THE AVIATION INDUSTRY. WE PROVIDE MENTORSHIP AND RESOURCES TO ASPIRING FUTURE AVIATION PROFESSIONALS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $648,480

Program Service Revenue $306,750

Investment Income $489

Other Revenue $7,309

TOTAL REVENUE $963,028

Expense Breakdown

Grants Paid $0

Salaries & Benefits $385,057

Fundraising Expenses $2,706

Program Expenses $852,109

Other Expenses $590,967

TOTAL EXPENSES $976,024

Year-over-Year Comparison

	2023	2022	Change
Revenue	$963,028	$774,153	+0.2%
Expenses	$976,024	$741,717	+0.3%
Net Income	$-12,996	$32,436	-1.4%

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

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
KIMBERLY BAKER	DIRECTOR OF	N/A	Officer Director	$0	$0	$0
JACQUELINE A BROOKS	BOARD MEMBER	N/A	Director	$0	$0	$0
SID CLARKE	BOARD MEMBER	N/A	Director	$0	$0	$0
HAMMOND COBB	TREASURER	N/A	Officer Director	$0	$0	$0
RICKY L FREEMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
RICHARD PEACE	CO CHAIRMAN	N/A	Officer Director	$0	$0	$0
JEWELL PITTS	BOARD MEMBER	N/A	Director	$0	$0	$0
WILL SPARROW	CO CHAIRMAN	N/A	Officer Director	$0	$0	$0
MATAYA WILLIAMS	BOARD MEMBER	N/A	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	$963,028	$976,024	$890,475	$-12,996
2022	$774,153	$741,717	$906,295	$32,436
2021	$659,494	$518,821	$852,690	$140,673
2020	$1,206,734	$588,844	$712,017	$617,890

RED TAIL SCHOLARSHIP FOUNDATION