PERFECTING HOLDINGS (EIN 260338846) - 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

Principal Officer

Pastor Marvin Winans

Phone

3133653787

Tax Period

2023-01-01 to 2023-12-31

PERFECTING HOLDINGS, founded in 2007, is a micro nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 786% from the prior year — a significant decline worth monitoring.

Mission

TO OWN AND MANAGE AN ACADEMY

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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 $0

Investment Income $-1,643,299

Other Revenue $79,879

TOTAL REVENUE $-1,563,420

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $505,121

TOTAL EXPENSES $505,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-1,563,420	$228,068	-7.9%
Expenses	$505,121	$714,973	-0.3%
Net Income	$-2,068,541	$-486,905	+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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marvin Winans	President	10.00	Officer Director	$0	$0	$0
Margodi Heron	Director	5.00	Director	$0	$0	$0
Marilyn Byrd	Director	5.00	Director	$0	$0	$0
Melvin Acuff	Director	5.00	Director	$0	$0	$0
Pamela Mael	Director	1.00	Director	$0	$0	$0
Clarence Ewing	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
2023	$-1,563,420	$505,121	$1,789	$-2,068,541
2022	$213,166	$704,335	$3,191,767	$-491,169
2021	$930,000	$713,113	$3,341,926	$216,887
2020	$945,000	$729,557	$3,453,856	$215,443
2019	$960,000	$754,287	$3,593,613	$205,713

PERFECTING HOLDINGS