TRUSTED MENTORS INC (EIN 262661971) - 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

COSTEENA WEATHERSBY

Phone

3179855041

Tax Period

2023-01-01 to 2023-12-31

TRUSTED MENTORS INC, founded in 2008, is a small nonprofit in the Youth Development sector that reported $361K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

Trusted Mentors uses the power of mentoring to help adults establish stable lives by reducing the chaos brought about by poverty, homelessness, underemployment, and the effects of incarceration

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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 $306,402

Program Service Revenue $58,200

Investment Income $2,567

Other Revenue $-6,493

TOTAL REVENUE $360,676

Expense Breakdown

Grants Paid $0

Salaries & Benefits $259,819

Fundraising Expenses $7,725

Program Expenses $342,132

Other Expenses $92,807

TOTAL EXPENSES $352,626

Year-over-Year Comparison

	2023	2022	Change
Revenue	$360,676	$380,738	-0.1%
Expenses	$352,626	$241,665	+0.5%
Net Income	$8,050	$139,073	-0.9%

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

141

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

$84,468

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES CANTRELL	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE NIERMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE PETRY	BOARD MEMBER	1.00	Director	$0	$0	$0
ALLISON ALLEN	TREASURER	2.00	Officer Director	$0	$0	$0
TIM MAGINN	BOARD MEMBER	1.00	Director	$0	$0	$0
LATOSHA HIGGINS	BOARD MEMBER	1.00	Director	$0	$0	$0
JERI WARNER	EXEC DIRECTOR	40.00	Officer	$38,496	$0	$38,496
MELISSA WESELI	PRESIDENT	3.00	Officer Director	$0	$0	$0
GRETCHEN GRIER	BOARD MEMBER	1.00	Director	$0	$0	$0
TONYA BURNETT-DUNCAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DREW WATSON	BOARD MEMBER	1.00	Director	$0	$0	$0
BRAD YORK	BOARD MEMBER	1.00	Director	$0	$0	$0
TONYA KNICHELOW	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
COSTEENA WEATHERSBY	EXECUTIVE DIRECTOR	40.00	Officer	$45,972	$0	$45,972
DON GULBRANDSEN	SECRETARY	2.00	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	$360,676	$352,626	$287,638	$8,050
2022	$380,738	$241,665	$276,095	$139,073
2021	$248,023	$199,045	$169,757	$48,978
2020	$183,997	$180,765	$88,358	$3,232
2019	$173,595	$218,521	$85,170	$-44,926
2018	$240,836	$242,798	$129,823	$-1,962

TRUSTED MENTORS INC