ROWEN FOUNDATION INC (EIN 853049933) - 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

2020

Legal Domicile

Principal Officer

MASON AILSTOCK

Phone

4048210638

Tax Period

2024-01-01 to 2024-12-31

ROWEN FOUNDATION INC, founded in 2020, is a micro nonprofit in the Community Improvement sector that reported $69K in total revenue in fiscal year 2024. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $3.8M exceeded revenue, resulting in a 5472% operating deficit.

Mission

WE ARE THE INDEPENDENT, MISSION-DRIVEN, NOT-FOR-PROFIT ENTITY LEADING THE PLANNING AND VISIONING OF ROWEN, RESPONSIBLE FOR PROJECT LEADERSHIP AND OPERATIONS TO ENSURE THE LONG-TERM VISION FOR ROWEN IS NEVER COMPROMISED. ROWEN MEANS "SECOND HARVEST." ESTABLISHED ON LAND THAT HAS BEEN CAREFULLY STEWARDED FOR GENERATIONS BY LOCAL FAMILIES, ROWEN WILL BE PROGRAMMED IN A WAY THAT REMAINS TRUE TO THE FAMILIES' CONNECTIONS TO AGRICULTURE, MEDICINE AND NATURAL ENVIRONMENT. THE RESULT IS A REIMAGINATION OF THE TRADITIONAL MIXED-USE, OFFICE AND RESEARCH ENVIRONMENT THAT WILL CHANGE THE ECONOMIC AND SOCIAL TRAJECTORY OF GEORGIA, THE NATION AND WITH TIME, THE WORLD.

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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 $0

Program Service Revenue $0

Investment Income $68,707

Other Revenue $0

TOTAL REVENUE $68,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,209,073

Other Expenses $3,828,687

TOTAL EXPENSES $3,828,687

Year-over-Year Comparison

	2024	2023	Change
Revenue	$68,707	$223,884	-0.7%
Expenses	$3,828,687	$2,844,014	+0.3%
Net Income	$-3,759,980	$-2,620,130	+0.4%

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

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
SACHIN D SHAILENDRA	DIRECTOR, CHAIR	5.00	Officer Director	$0	$0	$0
DR DEBORAH BRUNER	DIRECTOR	5.00	Director	$0	$0	$0
SAMUEL H HINTON	DIRECTOR	5.00	Director	$0	$0	$0
DR S JACK HU	DIRECTOR	5.00	Director	$0	$0	$0
DR JANN L JOSEPH	DIRECTOR	5.00	Director	$0	$0	$0
BERT REEVES	DIRECTOR	5.00	Director	$0	$0	$0
ARTHUR TRIPP	DIRECTOR	5.00	Director	$0	$0	$0
DR HELENE GAYLE	DIRECTOR	5.00	Director	$0	$0	$0
KIM GREENE	DIRECTOR	5.00	Director	$0	$0	$0
DR PAMELA SCOTT-JOHNSON	DIRECTOR	5.00	Director	$0	$0	$0
MASON AILSTOCK	CEO,EX-OFFICIO DIRECTOR, N	40.00	Officer	$0	$0	$0
TRENT CLOER	CFO	5.00	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	$68,707	$3,828,687	$100,017,980	$-3,759,980
2023	$223,884	$2,844,014	$90,848,661	$-2,620,130
2022	$106,398	$2,323,101	$79,016,659	$-2,216,703
2021	$5,573	$3,369,295	$75,583,362	$-3,363,722
2020	$6,032	$330,500	$68,504,515	$-324,468

ROWEN FOUNDATION INC