WORLD PRESERVATION OF TRANSPORTATI… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

SCOTT MONROE

Phone

5122982898

Tax Period

2021-01-01 to 2021-12-31

WORLD PRESERVATION OF TRANSPORTATION, founded in 2017, is a micro nonprofit that reported $578K in total revenue in fiscal year 2021.

Mission

AUTOMOBILES AND OTHER FORMS OF TRANSPORTATION HAVE INSPIRED US AND CHANGED THE COURSE OF HISTORY OVER THE PAST CENTURY. CLASSIC LUXURY MODELS IN PARTICULAR EMERGED AS PARAGONS OF EXTRAORDINARY STYLE AND EXCELLENCE. THESE CARS CONTINUE TO INSPIRE AND PROVOKE SPECTATORS, AND ACT AS IMPORTANT HISTORICAL LANDMARKS IN THE ONGOING, EVOLVING AUTOMOBILE INDUSRTY. LUXURY, MUSEUM QUALITY AUTOS AND OTHER FORMS OF TRANSPORTATION ACT AS NOSTALGIC PLACEHOLDERS WHILE EDUCATING THE PUBLIC ABOUT THE IMPORTANT IMPACT THESE TRANSPORTATION VEHICLES HAS HAD ON OUR WAY OF LIFE.

Program Service Accomplishments

Program 1

Revenue: $135,000

SALE OF ALL ASSETS TO DISSOLVE THE ORGANIZATION DUE TO ECONOMIC CONDITIONS

Program 2

Expenses: $1,312

DONATION TO LAMAR INSTITUTE OF TECHONOLGY

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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 (2021)

Revenue Breakdown

Contributions & Grants $19,835

Program Service Revenue $0

Investment Income $-598,160

Other Revenue $0

TOTAL REVENUE $-578,325

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $171,036

Other Expenses $171,036

TOTAL EXPENSES $171,036

Year-over-Year Comparison

	2021	2020	Change
Revenue	$-578,325	$-6,107,751	-0.9%
Expenses	$171,036	$37,703	+3.5%
Net Income	$-749,361	$-6,145,454	-0.9%

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
SCOTT MONROE	DIRECTOR	10.00	Director	$0	$0	$0
CYNTHIA MONROE	DIRECTOR	0.00	Director	$0	$0	$0
LAUREN MONROE	DIRECTOR	0.00	Director	$0	$0	$0
JOHN LODSDON	DIRECTOR	0.00	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
2021	$-578,325	$171,036	No data	$-749,361
2019	$5,020	$40,999	$9,395,074	$-35,979
2018	$315,101	$59,882	$9,431,053	$255,219

WORLD PRESERVATION OF TRANSPORTATION