POISE FOUNDATION (EIN 251393426) - 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

1980

Legal Domicile

Principal Officer

MARK LEWIS

Phone

4122814967

Tax Period

2024-01-01 to 2024-12-31

POISE FOUNDATION, founded in 1980, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.7M in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $8.9M exceeded revenue, resulting in a 56% operating deficit.

Mission

POISE AMPLIFIES THE POWER OF BLACK COMMUNITIES TO FUEL TRANSFORMATIVE CHANGE AND UPLIFT PATHWAYS TO SELF-DETERMINATION AND SHARED SUCCESS.

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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 $4,824,095

Program Service Revenue $0

Investment Income $864,640

Other Revenue $0

TOTAL REVENUE $5,688,735

Expense Breakdown

Grants Paid $5,711,289

Salaries & Benefits $1,339,859

Fundraising Expenses $130,368

Program Expenses $8,002,472

Other Expenses $1,847,204

TOTAL EXPENSES $8,898,352

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,688,735	$11,325,031	-0.5%
Expenses	$8,898,352	$8,668,528	+0.0%
Net Income	$-3,209,617	$2,656,503	-2.2%

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

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

$336,573

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGORY R SPENCER	CHAIR	2.00	Officer Director	$0	$0	$0
RON LAWRENCE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DALE C PERDUE	SECRETARY	1.00	Officer Director	$0	$0	$0
DARRELL E SMALLEY	TREASURER	2.00	Officer Director	$0	$0	$0
LUCILLE DABNEY	MEMBER	1.00	Director	$0	$0	$0
ANNETTE GILLCRESE	MEMBER	1.00	Director	$0	$0	$0
RHONDA FISCHER	MEMBER	1.00	Director	$0	$0	$0
REV CORNELL JONES	MEMBER	1.00	Director	$0	$0	$0
SAMANTHA CLANCY	MEMBER	1.00	Director	$0	$0	$0
MARK LEWIS	CHIEF EXECUTIVE OFFICER	50.00	Officer	$157,325	$35,856	$193,181
KARRIS JACKSON	CHIEF OPERATING OFFICER	45.00	Officer	$138,108	$5,284	$143,392

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	$5,688,735	$8,898,352	$14,434,642	$-3,209,617
2023	$11,325,031	$8,668,528	$17,244,018	$2,656,503
2022	$9,083,941	$12,593,865	$13,933,027	$-3,509,924
2021	$10,674,894	$5,615,153	$17,239,498	$5,059,741
2020	$7,196,615	$3,739,682	$11,577,521	$3,456,933
2019	$2,972,201	$2,619,758	$7,706,037	$352,443

POISE FOUNDATION