THE MARK WAHLBERG YOUTH FOUNDATION INC (EIN 043567369) - 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

MARK WAHLBERG

Phone

6174541125

Tax Period

2023-01-01 to 2023-12-31

THE MARK WAHLBERG YOUTH FOUNDATION INC, founded in 2001, is a community nonprofit in the Human Services sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 43% operating margin.

Mission

TO PROVIDE ASSISTANCE TO YOUTH WHO ARE POOR OR UNDERPRIVILEGED.

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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 $2,746,889

Program Service Revenue $0

Investment Income $49,528

Other Revenue $0

TOTAL REVENUE $2,796,417

Expense Breakdown

Grants Paid $1,383,006

Salaries & Benefits $145,924

Fundraising Expenses $87,686

Program Expenses $1,428,714

Other Expenses $56,128

TOTAL EXPENSES $1,585,058

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,796,417	$1,721,520	+0.6%
Expenses	$1,585,058	$1,211,067	+0.3%
Net Income	$1,211,359	$510,453	+1.4%

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

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

$75,000

Total Directors

$75,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK WAHLBERG	PRES, TREAS, SECR, DIR	2.00	Officer Director	$0	$0	$0
JAMES WAHLBERG	EXECUTIVE DIRECTOR/DIRECTOR	40.00	Officer Director	$75,000	$0	$75,000
MICHAEL JOYCE	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT SCANNELL JR	DIRECTOR	5.00	Director	$0	$0	$0
STEPHEN LEVINSON	DIRECTOR	5.00	Director	$0	$0	$0
SHEILA JAFFE	DIRECTOR	5.00	Director	$0	$0	$0
ROSE CORTINA	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL DONKIS	DIRECTOR	5.00	Director	$0	$0	$0
JASON SLOANE ESQ	DIRECTOR	5.00	Director	$0	$0	$0
MIKE ROTONDI	DIRECTOR	5.00	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
2024	No data	No data	No data	No data
2023	$2,796,417	$1,585,058	$3,110,460	$1,211,359
2022	$1,721,520	$1,211,067	$1,939,783	$510,453
2021	$1,114,263	$756,249	$1,341,201	$358,014
2020	$1,128,554	$1,060,929	$981,802	$67,625
2019	$1,411,611	$1,713,277	$1,036,407	$-301,666
2018	$1,303,278	$2,346,477	$1,287,273	$-1,043,199

THE MARK WAHLBERG YOUTH FOUNDATION INC