SOULY BUSINESS (EIN 201438541) - 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

2004

Legal Domicile

Principal Officer

KEVIN LATTY

Phone

4042345016

Tax Period

2024-01-01 to 2024-12-31

SOULY BUSINESS, founded in 2004, is a small nonprofit that reported $236K in total revenue in fiscal year 2024. Expenses of $223K left a modest 6% surplus.

Mission

THE MISSION OF SOULY BUSINESS IS TO CREATE ENVIRONMENTS IN WHICH BUSINESSMEN ARE INSPIRED BY THE HOLY SPIRIT TO MOVE PURPOSEFULLY TO LIVE OUT THEIR CHRISTIAN FAITH IN THEIR PERSONAL AND PROFESSIONAL LIVES. THIS IS ACCOMPLISHED PRIMARILY THROUGH RETREATS.

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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 $129,312

Program Service Revenue $102,173

Investment Income $4,575

Other Revenue $0

TOTAL REVENUE $236,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,300

Fundraising Expenses $7,717

Program Expenses $195,355

Other Expenses $113,716

TOTAL EXPENSES $223,016

Year-over-Year Comparison

	2024	2023	Change
Revenue	$236,060	$239,107	0.0%
Expenses	$223,016	$216,749	+0.0%
Net Income	$13,044	$22,358	-0.4%

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

N/A

Volunteers

720

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

$24,000

Total Directors

$130,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN LATTY	EXECUTIVE DI	3.00	Director	$65,000	$0	$130,000
LARRY GREEN CLOUD WALK	DIRECTOR	3.00	Officer	$12,000	$0	$24,000
ROB CONSOLI	CHAIRMAN	3.00	Officer	$0	$0	$0
KENNY HILL	DIRECTOR	3.00	Officer	$0	$0	$0
DOUG HURLEY	DIRECTOR	3.00	Officer	$0	$0	$0
BOB LEWIS	DIRECTOR	3.00	Officer	$0	$0	$0
JOHN POSEY	DIRECTOR	3.00	Officer	$0	$0	$0
TYLER YAKEN	DIRECTOR	3.00	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
2024	$236,060	$223,016	$194,993	$13,044
2023	$239,107	$216,749	$181,949	$22,358
2022	$174,580	$205,842	$159,591	$-31,262
2021	$169,109	$132,840	$190,853	$36,269
2020	$144,947	$147,495	$154,584	$-2,548
2019	$238,012	$234,475	$157,132	$3,537
2018	$237,752	$244,403	$153,595	$-6,651

SOULY BUSINESS