Tiphne Darshay Hollis Foundation I… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Shanda Whitaker

Tax Period

2024-01-01 to 2024-12-31

Tiphne Darshay Hollis Foundation Inc, founded in 2010, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $740K, a strong 33% operating margin.

Mission

The mission for the Organization is to provide high quality education to at-risk inner city K-12 students. The School works with the State of Florida through the Step up for Students tax credit scholarship program that provides scholarships to needy students.

Program Service Accomplishments

Program 1

The School receives all of its funding through the State of Florida Department of Educations Step up for Students tax credit scholarship program. All revenues are used for the operation of the school.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,225,558

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,225,558

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,110,272

Fundraising Expenses $0

Other Expenses $375,480

TOTAL EXPENSES $1,485,752

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,225,558	$1,546,057	+0.4%
Expenses	$1,485,752	$1,776,752	-0.2%
Net Income	$739,806	$-230,695	-4.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

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
Shanda Whitaker	Executive Director	050.00	Officer Director Key Emp Highest	$0	$0	$0
Bertha Howze	Director	020.00	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	$2,225,558	$1,485,752	$142,295	$739,806
2023	$1,546,057	$1,776,752	$180,729	$-230,695
2021	$2,092,498	$1,574,389	$762,013	$518,109
2020	$1,287,087	$1,099,266	$243,904	$187,821
2019	$804,800	$906,767	$56,083	$-101,967
2018	$646,779	$685,531	$11,527	$-38,752

Tiphne Darshay Hollis Foundation Inc