THE PERMIAN SUMMIT FOUNDATION (EIN 880980084) - 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

2022

Legal Domicile

Principal Officer

SEAN W MARSHALL

Phone

2053318515

Tax Period

2023-01-01 to 2023-12-31

THE PERMIAN SUMMIT FOUNDATION, founded in 2022, is a small nonprofit in the Human Services sector that reported $260K in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $228K left a modest 12% surplus.

Mission

SUPPORTING UNDERSERVED CAUSES IN THE PERMIAN BASIN THROUGH OUR FUNDRAISING EVENT, THE PERMIAN BASIN ROCKY MOUNTAIN GOLF SUMMIT.

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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 $332,351

Program Service Revenue $0

Investment Income $0

Other Revenue $-72,006

TOTAL REVENUE $260,345

Expense Breakdown

Grants Paid $215,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $221,938

Other Expenses $13,099

TOTAL EXPENSES $228,099

Year-over-Year Comparison

	2023	2022	Change
Revenue	$260,345	$146,264	+0.8%
Expenses	$228,099	$100,932	+1.3%
Net Income	$32,246	$45,332	-0.3%

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

Employees

N/A

Volunteers

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
JACK BLAKE JR	BOARD MEMBER	1.00	Director	$0	$0	$0
SKYLAR FAST	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE HINKLE	BOARD MEMBER	1.00	Director	$0	$0	$0
MATT SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
TAYLOR THORESON	BOARD MEMBER	1.00	Director	$0	$0	$0
AARON TENENHOLZ	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW WILCOXSON	BOARD MEMBER	1.00	Director	$0	$0	$0
SEAN W MARSHALL	EXEC DIR/TREASURER/SECRETARY	5.00	Officer Director	$0	$0	$0
RYAN P DOBBS	PRESIDENT	5.00	Officer 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	$260,345	$228,099	$249,381	$32,246

THE PERMIAN SUMMIT FOUNDATION