UPWARD BOUND MINISTRIES (EIN 260681206) - 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

BRAD BALDER

Phone

6167729786

Tax Period

2023-01-01 to 2023-12-31

UPWARD BOUND MINISTRIES, founded in 2007, is a community nonprofit in the Youth Development sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $659K, a strong 52% operating margin.

Mission

TO EDUCATE CHILDREN TO BECOME A POSITIVE INFLUENCE IN THEIR COMMUNITY BY THE USE OF IN-SCHOOL AND AFTER SCHOOL PROGRAMS FOR HIGH RISK CHILDREN.

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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 $1,258,327

Program Service Revenue $11,141

Investment Income $36

Other Revenue $0

TOTAL REVENUE $1,269,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $357,104

Fundraising Expenses $31,233

Program Expenses $442,699

Other Expenses $253,168

TOTAL EXPENSES $610,272

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,269,504	$971,669	+0.3%
Expenses	$610,272	$472,038	+0.3%
Net Income	$659,232	$499,631	+0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SONJA GEBBEN	DIRECTOR	1.00	Director	$0	$0	$0
DR PHILIP WAALKES	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE WIERDA	DIRECTOR	1.00	Director	$0	$0	$0
BRAD BALDER	PRESIDENT	1.00	Officer	$0	$0	$0
STEVE KRAAL	VICE PRESIDE	1.00	Officer	$0	$0	$0
SCOTT LANGELAND	TREASURER	1.00	Officer	$0	$0	$0
KATIE MEEUWSEN	SECRETARY	1.00	Officer	$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	$1,269,504	$610,272	$2,495,459	$659,232
2022	$971,669	$472,038	$2,171,648	$499,631
2021	$711,170	$355,386	$1,047,087	$355,784
2020	$752,878	$386,611	$689,002	$366,267
2019	$385,700	$390,322	$326,673	$-4,622
2018	$362,884	$360,411	$331,036	$2,473

UPWARD BOUND MINISTRIES