JOVANTE WOODS FOUNDATION INC

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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

ELBERT WOODS

Phone

5135513939

Tax Period

2022-01-01 to 2022-12-31

JOVANTE WOODS FOUNDATION INC, founded in 2010, is a small nonprofit in the Diseases & Disorders sector that reported $166K in total revenue in fiscal year 2022. Revenue surged 146% from the prior year, signaling strong growth momentum. The organization ran a surplus of $81K, a strong 49% operating margin.

Mission

WE WORK WITHIN OUR COMMUNITY TO EDUCATE AND GENERATE POSITIVE CONVERSATIONS AND ACTION WITH REGARD TO ASTHMA AND ORGAN DONATION.

Program Service Accomplishments

Program 1

Expenses: $4,576

PROVIDE HELP FOR PEOPLE WITH ASTHMA AND OTHER LUNG PROBLEMS AND PROVIDE INFORMATION TO ALL ABOUT THIS INFORMATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $12,682

Program Service Revenue $0

Investment Income $0

Other Revenue $153,220

TOTAL REVENUE $165,902

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,000

Fundraising Expenses $34,921

Program Expenses $4,576

Other Expenses $66,600

TOTAL EXPENSES $84,600

Year-over-Year Comparison

	2022	2021	Change
Revenue	$165,902	$67,554	+1.5%
Expenses	$84,600	$70,160	+0.2%
Net Income	$81,302	$-2,606	-32.2%

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

N/A

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
ELBERT WOODS	BOARD MEMBER	40.00	Officer Director	$0	$0	$0
JOE KELLY	PRESIDENT	2.00	Officer	$0	$0	$0
STEVEN CAMINITI	VICE PRESIDE	2.00	Officer	$0	$0	$0
ELBERT WOODS	SECRETARY	2.00	Officer	$0	$0	$0
ROCKY HENSLEY	BOARD MEMBER	2.00	Officer	$0	$0	$0
DAN APOLITO	BOARD MEMBER	2.00	Officer	$0	$0	$0
AMBER RHODES	BOARD MEMBER	2.00	Officer	$0	$0	$0
ROSA MILLER	BOARD MEMBER	2.00	Officer	$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
2022	$165,902	$84,600	$224,204	$81,302
2018	$406,531	$399,971	$213,562	$6,560
2017	$386,051	$387,533	$205,830	$-1,482