Precious Angels Inc (EIN 233019924) - 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

2000

Legal Domicile

Principal Officer

Michelle Faison

Phone

2152246880

Tax Period

2023-01-01 to 2023-12-31

Precious Angels Inc, founded in 2000, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2023. Expenses of $1.7M left a modest 4% surplus.

Mission

Child care center whose vision is that every child receive a standard- driven program which will enhance their emotional, social, spirtual physical and academic growth and development.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,772,362

Investment Income $93

Other Revenue $0

TOTAL REVENUE $1,772,455

Expense Breakdown

Grants Paid $0

Salaries & Benefits $901,525

Fundraising Expenses $0

Program Expenses $1,367,504

Other Expenses $795,184

TOTAL EXPENSES $1,696,709

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,772,455	$1,693,646	+0.0%
Expenses	$1,696,709	$1,700,940	0.0%
Net Income	$75,746	$-7,294	-11.4%

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

N/A

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

$206,076

Total Directors

$206,076

Key Employees

$103,538

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michelle Faison	President	60.00	Officer Director Key Emp	$103,538	$0	$103,538
Lawrence Faison	Vice-President	40.00	Officer Director	$102,538	$0	$102,538

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
2023	$1,772,455	$1,696,709	$226,038	$75,746
2022	$1,693,646	$1,700,940	$146,773	$-7,294
2021	$1,404,138	$1,414,944	$308,178	$-10,806
2020	$1,440,676	$1,355,775	$271,677	$84,901
2019	$1,313,378	$1,300,036	$129,360	$13,342
2018	$1,082,493	$1,107,942	$152,070	$-25,449

Precious Angels Inc