THE TRUMPET AWARDS FOUNDATION (EIN 202025210) - 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

2007

Legal Domicile

Principal Officer

XERNONA CLAYTON

Tax Period

2019-01-01 to 2019-12-31

THE TRUMPET AWARDS FOUNDATION, founded in 2007, is a small nonprofit in the Education sector that reported $137K in total revenue in fiscal year 2019. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $131K left a modest 4% surplus.

Mission

To assist in a series of programs to celebrate, showcase and elevate the accomplishments primarily of African American men and women who have significantly contributed to the quality of life for all thereby improving economics, health, educational, cultural awareness.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $136,556

Investment Income $0

Other Revenue $0

TOTAL REVENUE $136,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $130,773

Other Expenses $130,773

TOTAL EXPENSES $130,773

Year-over-Year Comparison

	2019	2018	Change
Revenue	$136,556	$172,796	-0.2%
Expenses	$130,773	$168,860	-0.2%
Net Income	$5,783	$3,936	+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

100

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
DANNY J BAKEWELL	Director	5.00	Director	$0	$0	$0
THOMAS W DORTCH	Treasurer	5.00	Officer Director	$0	$0	$0
VIVIAM PICKARD	Director	5.00	Director	$0	$0	$0
DIANE POLLARD	Secretary	5.00	Officer Director	$0	$0	$0
ANDREW YOUNG	Director	5.00	Director	$0	$0	$0
TED TURNER	Director	0.00	Director	$0	$0	$0
HILTON SMITH	DIRECTOR	5.00	Director	$0	$0	$0
XERNONA CLAYTON	PresidentCEO	40.00	Officer Key Emp	$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
2019	$136,556	$130,773	$34,457	$5,783
2018	$172,796	$168,860	$60,080	$3,936

THE TRUMPET AWARDS FOUNDATION