PLUM (EIN 260430335) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

HOWARD C SMITH II

Phone

4342072340

Tax Period

2023-01-01 to 2023-12-31

PLUM, founded in 2006, is a small nonprofit in the Human Services sector that reported $432K in total revenue in fiscal year 2023. Revenue surged 867% from the prior year, signaling strong growth momentum. Expenses of $410K left a modest 5% surplus.

Mission

At PLUM Foundation we are dedicated to ensuring every individual regardless of their socio-economic background has access to essential resources opportunities and digital connectivity. Through targeted initiatives and advocacy we strive to uplift marginalized communities bridge digital divides and promote holistic well-being.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $431,701

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $431,701

Expense Breakdown

Grants Paid $38,216

Salaries & Benefits $101,417

Fundraising Expenses $0

Program Expenses $403,325

Other Expenses $270,627

TOTAL EXPENSES $410,260

Year-over-Year Comparison

	2023	2022	Change
Revenue	$431,701	$44,657	+8.7%
Expenses	$410,260	$44,598	+8.2%
Net Income	$21,441	$59	+362.4%

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

200

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

$58,945

Total Directors

$58,945

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Howard C Smith II	Director President	70.00	Officer Director	$58,945	$0	$58,945
Mrs Tonika Z Tyler	Director	2.00	Director	$0	$0	$0
Dr Terika C Green	Director	2.00	Director	$0	$0	$0
Mrs Tonji L Cromwell	Director	2.00	Director	$0	$0	$0
Dr Frank Fuller Sr	Director	2.00	Director	$0	$0	$0
Dr Kwame A Makini	Director	2.00	Director	$0	$0	$0
Mr Kornelius Kneal	Director	2.00	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
2024	No data	No data	No data	No data
2023	$431,701	$410,260	$21,500	$21,441

PLUM