LACEY ROTARY FOUNDATION

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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

1985

Legal Domicile

Principal Officer

TERRI YURKAS

Phone

3607549862

Tax Period

2024-01-01 to 2024-12-31

LACEY ROTARY FOUNDATION, founded in 1985, is a small nonprofit that reported $282K in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $179K, a strong 64% operating margin.

Mission

THE LACEY ROTARY FOUNDATION ENHANCES THE CLUB'S ABILITY TO PROVIDE EDUCATION SCHOLARSHIPS AND SPECIAL CIVIC PROJECTS FOR OUR LOCAL COMMUNITY. AS A 501(C)(3) CHARITABLE ORGANIZATION, THE FOUNDATION EXPANDS THE CLUB'S RESOURCES TO SERVE THE COMMUNITY AT A HIGHER LEVEL AND ALLOWS THE BROAD COMMUNITY TO PARTICIPATE. SCHOLARSHIPS ARE AWARDED TO LOCAL GRADUATING HIGH SCHOOL STUDENTS WHO EXEMPLIFY THE ROTARY IDEAL OF "SERVICE ABOVE SELF". CIVIC PROJECTS ARE SELECTED BY THE LACEY ROTARY CLUB BOARD OF DIRECTORS. THE FOUNDATION PROVIDES A NUMBER OF OPPORTUNITIES FOR COMMUNITY PARTICIPATION VIA TRUSTS, PLANNED GIVING, ANNUAL MEMBER CONTRIBUTIONS AND GRANTS.

Program Service Accomplishments

Program 1

Expenses: $70,500

SCHOLARSHIPS ARE AWARDED TO LOCAL GRADUATING HIGH SCHOOL STUDENTS WHO EXEMPLIFY THE ROTARY IDEAL OF "SERVICE ABOVE SELF"

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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 $41,154

Program Service Revenue $0

Investment Income $269,742

Other Revenue $-29,327

TOTAL REVENUE $281,569

Expense Breakdown

Grants Paid $70,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,500

Other Expenses $31,779

TOTAL EXPENSES $102,279

Year-over-Year Comparison

	2024	2023	Change
Revenue	$281,569	$166,735	+0.7%
Expenses	$102,279	$109,845	-0.1%
Net Income	$179,290	$56,890	+2.2%

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
FRANK KIRKBRIDE	CHAIR	2.00	Officer Director	$0	$0	$0
KEN FIALKOWSKI	VICE-CHAIR	1.50	Officer Director	$0	$0	$0
BEVERLY VINCENT	SECRETARY	2.00	Officer Director	$0	$0	$0
TERRI YURKAS	TREASURER	2.00	Officer Director	$0	$0	$0
KEN PARSONS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MASTERSON	DIRECTOR	1.00	Director	$0	$0	$0
JERRY POSPISIL	DIRECTOR	1.00	Director	$0	$0	$0
KATHY HOUSTON	DIRECTOR	1.00	Director	$0	$0	$0
JENNA RANDICH	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN DEAN	DIRECTOR	1.00	Director	$0	$0	$0
SHELLICA TREVINO	DIRECTOR/LIAISON	1.00	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
2025	No data	No data	No data	No data
2024	$281,569	$102,279	$2,268,800	$179,290
2023	$166,735	$109,845	$2,129,149	$56,890
2022	$126,869	$124,057	$1,791,667	$2,812
2021	$278,022	$145,149	$2,222,994	$132,873
2020	$70,101	$54,057	$1,964,595	$16,044
2019	$49,749	$96,050	$1,819,279	$-46,301
2018	$130,695	$96,533	$1,535,295	$34,162