Krimson Community Foundation (EIN 010599770) - 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

2001

Legal Domicile

Principal Officer

Devon Thames

Phone

4046260463

Tax Period

2024-10-01 to 2025-09-30

Krimson Community Foundation, founded in 2001, is a small nonprofit in the Education sector that reported $310K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 17% operating margin.

Mission

To support young African American boys grades 4-12 by offering educational programs, scholarship and mentoring opportunities, as well as community service programs to support their growth and cultural development to empower them to achieve and excel in all facets of their lives.

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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 $307,500

Program Service Revenue $0

Investment Income $0

Other Revenue $2,580

TOTAL REVENUE $310,080

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $163,823

Program Expenses $61,198

Other Expenses $256,548

TOTAL EXPENSES $256,548

Year-over-Year Comparison

	2024	2023	Change
Revenue	$310,080	$240,153	+0.3%
Expenses	$256,548	$131,967	+0.9%
Net Income	$53,532	$108,186	-0.5%

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
Cory Wheaton	Secretary	15.00	Officer	$0	$0	$0
Lamont Bates	Chairman	25.00	Officer	$0	$0	$0
Devon Thames	Treasurer	15.00	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
2025	$310,080	$256,548	$323,239	$53,532
2024	$240,153	$131,967	$266,065	$108,186
2023	$208,502	$190,553	$179,402	$17,949

Krimson Community Foundation