WITKIDS INC (EIN 271276677) - 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

2009

Legal Domicile

Principal Officer

SARAH HERNHOLM

Phone

6176772238

Tax Period

2023-07-01 to 2024-06-30

WITKIDS INC, founded in 2009, is a small nonprofit in the Education sector that reported $239K in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $212K left a modest 11% surplus.

Mission

WITKIDS, INC. (WIT) PROVIDES THE ONLY 6 UNIT COLLEGE CREDIT SOCIAL ENTREPRENEUR AND LEADERSHIP COURSE.

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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 $20,638

Program Service Revenue $218,374

Investment Income $0

Other Revenue $0

TOTAL REVENUE $239,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,463

Fundraising Expenses $0

Program Expenses $147,703

Other Expenses $117,090

TOTAL EXPENSES $211,553

Year-over-Year Comparison

	2023	2022	Change
Revenue	$239,012	$124,634	+0.9%
Expenses	$211,553	$106,149	+1.0%
Net Income	$27,459	$18,485	+0.5%

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

$86,885

Total Directors

$86,885

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH HERNHOLM	PRESIDENT	50.00	Officer Director	$86,885	$0	$86,885
JENNIFER LOVE BRUCE	BOARD MEMBER	1.00	Director	$0	$0	$0
JANNA HERNOLM	SECRETARY	N/A	Director	$0	$0	$0
JOSH NELSON	BOARD MEMBER	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	$239,012	$211,553	$51,967	$27,459
2023	$124,634	$106,149	$29,112	$18,485
2022	$113,227	$115,262	$11,453	$-2,035
2021	$122,537	$179,023	$12,154	$-56,486
2020	$313,158	$191,711	$66,331	$121,447
2019	$225,997	$218,637	$8,125	$7,360

WITKIDS INC