INSPIRE A YOUTH INC (EIN 260156609) - 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

Phone

9517840843

Tax Period

2023-01-01 to 2023-12-31

INSPIRE A YOUTH INC, founded in 2007, is a community nonprofit in the Crime & Legal sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 8% surplus.

Mission

Short Term Residential Treatment Program facilities

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,787,830

Investment Income $0

Other Revenue $165,454

TOTAL REVENUE $1,953,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,245,540

Fundraising Expenses $0

Program Expenses $1,519,881

Other Expenses $541,734

TOTAL EXPENSES $1,787,274

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,953,284	$1,553,616	+0.3%
Expenses	$1,787,274	$1,630,817	+0.1%
Net Income	$166,010	$-77,201	-3.2%

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

N/A

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

$113,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Latrese Armstrong	CEO	40.00	Officer	$113,500	$0	$113,500
Reginal Brown	Director Treasurer	3.00	Officer Director	$0	$0	$0
Ann Hill	Director Secretary	3.00	Officer Director	$0	$0	$0
Kimberly Thomas	Director President	3.00	Officer 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	No data	No data	No data	No data
2023	$1,953,284	$1,787,274	$1,300,922	$166,010
2022	$1,553,616	$1,630,817	$1,394,902	$-77,201
2021	$2,444,546	$1,744,551	$1,479,248	$699,995
2020	$1,883,064	$1,817,206	$954,639	$65,858

INSPIRE A YOUTH INC