FRIENDS OF THE RUSSELL C DAVIS PLANETARIUM INC (EIN 881746958) - 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

TJ TAYLOR

Phone

6019814445

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF THE RUSSELL C DAVIS PLANETARIUM INC, founded in 2022, is a community nonprofit in the Science & Technology sector that reported $7.7M in total revenue in fiscal year 2024. Expenses of $9.4M exceeded revenue, resulting in a 23% operating deficit.

Mission

THE PURPOSE OF THE CORPORATION IS TO (1) EDUCATE THE GENERAL PUBLIC ON THE SCIENCE OF OUTER SPACE AND ITS EXPLORATION, AS WELL AS RELATED STEM (SCIENCE, TECHNOLOGY, EDUCATION, MATHEMATICS) PRINCIPALS; (2) PROMOTE THE PROGRAMS AND EVENTS SUPPORTED BY THE RUSSELL C. DAVIS PLANETARIUM; AND (3) ADVOCATE FOR THE ENHANCEMENT OF THE FACILITIES AND PROGRAM AT THE RUSSELL C. DAVIS PLANETARIUM, INCLUDING RAISING FUNDS FOR SUCH PURPOSE.

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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 $7,695,871

Program Service Revenue $0

Investment Income $231

Other Revenue $0

TOTAL REVENUE $7,696,102

Expense Breakdown

Grants Paid $9,249,923

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,249,923

Other Expenses $178,622

TOTAL EXPENSES $9,428,545

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,696,102	N/A	N/A
Expenses	$9,428,545	N/A	N/A
Net Income	$-1,732,443	N/A	N/A

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
DAVID LEWIS	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS RAGLAND	TREASURER	1.00	Officer Director	$0	$0	$0
TJ TAYLOR	PRESIDENT &	1.00	Officer Director	$0	$0	$0
AMANDA WELLS	VICE CHAIRMA	1.00	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	$7,696,102	$9,428,545	$624,605	$-1,732,443

FRIENDS OF THE RUSSELL C DAVIS PLANETARIUM INC