SOUL FLARES INC (EIN 205780404) - 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

LISA BEDINGER

Phone

8029236930

Tax Period

2024-07-01 to 2025-06-30

SOUL FLARES INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $421K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $464K exceeded revenue, resulting in a 10% operating deficit.

Mission

SOUL FLARES INC WORKS WITH SCHOOLS, ORGANIZATIONS AND INNOVATIVE THOUGHT PARTNERS TO BUILD COMMUNITIES OF CARE, DIGNITY AND ACCOUNTABILITY WHERE ALL MEMBERS CAN THRIVE.

🔒

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 $35,298

Program Service Revenue $375,944

Investment Income $7,921

Other Revenue $1,534

TOTAL REVENUE $420,697

Expense Breakdown

Grants Paid $0

Salaries & Benefits $383,943

Fundraising Expenses $2,711

Program Expenses $275,639

Other Expenses $80,501

TOTAL EXPENSES $464,444

Year-over-Year Comparison

	2024	2023	Change
Revenue	$420,697	$611,469	-0.3%
Expenses	$464,444	$517,367	-0.1%
Net Income	$-43,747	$94,102	-1.5%

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

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

$177,381

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNIE O'SHAUGHNESSY	CO-DIRECTOR	25.00	Officer	$63,488	$35,513	$99,001
LISA BEDINGER	CO-DIRECTOR	25.00	Officer	$59,659	$18,721	$78,380
KERRI BERKOWITZ	CHAIR/TREASU	0.25	Officer Director	$0	$0	$0
GALE BURFORD	SECRETARY	0.25	Officer Director	$0	$0	$0
KATHLEEN KESSON	DIRECTOR	0.25	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
2025	$420,697	$464,444	$315,485	$-43,747
2023	$292,873	$217,757	$241,954	$75,116
2022	$459,543	$340,657	$178,175	$118,886

SOUL FLARES INC