INITIATIVES INC (EIN 273955581) - 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

JOHN BUGG

Tax Period

2019-06-01 to 2020-05-31

INITIATIVES INC, founded in 2010, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2019. Revenue surged 95% from the prior year, signaling strong growth momentum. The organization ran a surplus of $348K, a strong 22% operating margin.

Mission

PROVIDE CHARITABLE EMPLOYMENT SERVICES

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,615,192

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,615,192

Expense Breakdown

Grants Paid $0

Salaries & Benefits $829,364

Fundraising Expenses $0

Program Expenses $1,267,138

Other Expenses $437,774

TOTAL EXPENSES $1,267,138

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1,615,192	$826,895	+1.0%
Expenses	$1,267,138	$881,837	+0.4%
Net Income	$348,054	$-54,942	-7.3%

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

N/A

Employees

142

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BUGG	CEO	10.00	Officer Director	$0	$0	$0
THOMAS E HARDNETT JR	PRESIDENT	10.00	Officer Director	$0	$0	$0
TARA JACKSON	SECRETARY	5.00	Officer Director	$0	$0	$0
KEVIN BROWN	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
KAREEM ROBINSON	BOARD MEMBER	1.00	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
2020	$1,615,192	$1,267,138	$427,038	$348,054
2019	$826,895	$881,837	$31,592	$-54,942
2018	$320,270	$305,332	$49,629	$14,938

INITIATIVES INC