The Speak Foundation Inc (EIN 262087516) - 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

2008

Legal Domicile

Principal Officer

Kathryn Bryant

Phone

7065801755

Tax Period

2023-01-01 to 2023-12-31

The Speak Foundation Inc, founded in 2008, is a small nonprofit in the Human Services sector that reported $588K in total revenue in fiscal year 2023. Revenue surged 180% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 19% operating margin.

Mission

The Speak Foundation exisits to provide patient education, advocacy and assistance to those living with Limb Girdle Muscular Dystrophyand other rare neuromuscular diseases.

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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 $588,195

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $588,195

Expense Breakdown

Grants Paid $7,100

Salaries & Benefits $18,753

Fundraising Expenses $0

Program Expenses $464,776

Other Expenses $448,725

TOTAL EXPENSES $474,578

Year-over-Year Comparison

	2023	2022	Change
Revenue	$588,195	$209,874	+1.8%
Expenses	$474,578	$276,904	+0.7%
Net Income	$113,617	$-67,030	-2.7%

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

$17,420

Total Directors

$17,420

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kathyrn Bryant	President	12.00	Officer Director	$17,420	$0	$17,420
James Knudson	Chairman	2.00	Officer Director	$0	$0	$0
Kathy Carden	Treasurer	2.00	Officer Director	$0	$0	$0
Lisa Farrar	Secretary	2.00	Officer Director	$0	$0	$0
Brenda Bryant	Director	1.00	Officer Director	$0	$0	$0
Kenny Farrar	Director	1.00	Director	$0	$0	$0
Haley Farrar	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
2024	No data	No data	No data	No data
2023	$588,195	$474,578	$570,535	$113,617
2022	$209,874	$276,904	$456,918	$-67,030
2021	$499,321	$209,166	$548,002	$290,155
2020	$229,641	$137,679	$258,460	$91,962
2019	$242,924	$167,842	$164,781	$75,082

The Speak Foundation Inc