SEE YA LATER FOUNDATION INC (EIN 204525402) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

CARMEN BANKE

Phone

5034341730

Tax Period

2024-01-01 to 2024-12-31

SEE YA LATER FOUNDATION INC, founded in 2006, is a small nonprofit in the Education sector that reported $336K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $529K exceeded revenue, resulting in a 57% operating deficit.

Mission

THE FOUNDATION SEEKS TO CREATE A HOPE AND A FUTURE FOR OUR CHILDREN. WE ENCOURAGE YOUTH BY OFFERING A VARIETY OF DAY CAMPS, ANNUAL COLLEGE SCHOLARSHIPS AND PROVIDE SUPPORT TO FAMILIES WHO ARE STRUGGLING WITH A LIFE THREATENING MEDICAL CRISIS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $390,612

Program Service Revenue $95,140

Investment Income $6,959

Other Revenue $-156,706

TOTAL REVENUE $336,005

Expense Breakdown

Grants Paid $42,500

Salaries & Benefits $228,055

Fundraising Expenses $70,624

Program Expenses $328,902

Other Expenses $258,349

TOTAL EXPENSES $528,904

Year-over-Year Comparison

	2024	2023	Change
Revenue	$336,005	$420,724	-0.2%
Expenses	$528,904	$378,767	+0.4%
Net Income	$-192,899	$41,957	-5.6%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

163

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

$131,296

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN G WILLIAMS	WA Director	40.00	Officer	$66,400	$0	$66,400
CARMEN BANKE	Executive Dir.	40.00	Officer	$64,896	$0	$64,896
JEFF YATES	Director	1.00	Director	$0	$0	$0
TIMOTHY HARRIS	President	10.00	Officer Director	$0	$0	$0
CALEB KEARNS	Vice President	2.00	Officer Director	$0	$0	$0
RON NOBLE	Director	1.00	Director	$0	$0	$0
LESLIE ZOOK	Secretary	3.00	Officer Director	$0	$0	$0
CRESSIE KEARNS	Treasurer	1.00	Officer Director	$0	$0	$0
BOB BANKE	Director	3.00	Director	$0	$0	$0
TINA KELLEY	Director	1.00	Director	$0	$0	$0
SUE NOBLE	Director	1.00	Director	$0	$0	$0
DANA NEUTS	Director	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
2024	$336,005	$528,904	$406,543	$-192,899
2023	$420,724	$378,767	$607,133	$41,957
2022	$398,132	$349,621	$557,413	$48,511
2021	$393,744	$266,946	$509,386	$126,798
2020	$197,986	$208,715	$383,061	$-10,729
2019	$267,237	$253,502	$393,692	$13,735
2018	$231,090	$192,706	$382,845	$38,384

SEE YA LATER FOUNDATION INC