ECLECTIC SOUL VOICES CORPORATION (EIN 272615152) - 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

2010

Legal Domicile

Principal Officer

KIA WRIGHT

Phone

3174961837

Tax Period

2024-01-01 to 2024-12-31

ECLECTIC SOUL VOICES CORPORATION, founded in 2010, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

VOICES EMPOWERS YOUTH WITH EDUCATION HEALING SUPPORT AND WORKFORCE OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,745,736

Program Service Revenue $0

Investment Income $14,352

Other Revenue $-8,945

TOTAL REVENUE $2,751,143

Expense Breakdown

Grants Paid $421,391

Salaries & Benefits $1,560,359

Fundraising Expenses $6,766

Program Expenses $2,406,211

Other Expenses $812,962

TOTAL EXPENSES $2,794,712

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,751,143	$2,087,299	+0.3%
Expenses	$2,794,712	$2,398,136	+0.2%
Net Income	$-43,569	$-310,837	-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

198

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

$232,644

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL COLEMAN	PRESIDENT & CHAIRMAN	1.00	Officer Director	$0	$0	$0
PATRICK JONES	CHAIRMAN (PART YEAR)	2.00	Officer Director	$0	$0	$0
LAUREN RIGGINS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DIANE WADE	SECRETARY	1.00	Officer Director	$0	$0	$0
JOE COPELAND	TREASURER	1.00	Officer Director	$0	$0	$0
MELISSA BLACKWELL	DIRECTOR	1.00	Director	$0	$0	$0
KIA WRIGHT	EXECUTIVE DIRECTOR	40.00	Officer	$118,907	$0	$118,907
TREY WRIGHT	CHIEF OPERATING OFFICER	40.00	Officer	$113,737	$0	$113,737

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	$2,751,143	$2,794,712	$1,875,672	$-43,569
2023	$2,087,299	$2,398,136	$1,633,172	$-310,837
2022	$2,494,180	$1,643,569	$1,398,541	$850,611
2021	$1,159,494	$843,112	$519,840	$316,382
2020	$646,855	$651,993	$129,547	$-5,138
2019	$474,742	$459,794	$101,660	$14,948
2018	$260,292	$298,090	$56,111	$-37,798

ECLECTIC SOUL VOICES CORPORATION