My Chosen Ones 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

Legal Domicile

Principal Officer

Vickie Akins

Phone

8178568333

Tax Period

2024-01-01 to 2024-12-31

My Chosen Ones Inc is a small nonprofit in the Human Services sector that reported $650K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 16% operating margin.

Mission

Creating strong families by equipping the most vulnerable children and parents through Christ centered connection and support.

Program Service Accomplishments

Program 1

Expenses: $293,144

Outreach Ministry to support families in the process of providing foster or adoptive care.

Program 2

Expenses: $125,551

The Clothing Closet helps provide clothing for vulnerable families, pregnant parents, foster and adopted children.

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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 $555,611

Program Service Revenue $0

Investment Income $0

Other Revenue $94,086

TOTAL REVENUE $649,697

Expense Breakdown

Grants Paid $162,945

Salaries & Benefits $186,278

Fundraising Expenses $0

Program Expenses $418,695

Other Expenses $199,253

TOTAL EXPENSES $548,476

Year-over-Year Comparison

	2024	2023	Change
Revenue	$649,697	$466,499	+0.4%
Expenses	$548,476	$452,101	+0.2%
Net Income	$101,221	$14,398	+6.0%

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

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

$24,100

Total Directors

$66,064

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Vickie Akins	Executive Dir.	45.00	Director	$41,964	$0	$41,964
Cindy Bright	Treasurer	14.00	Officer Director	$24,100	$0	$24,100
Randy Akins	President	1.00	Officer Director	$0	$0	$0
Chad Engroff	Director	5.00	Director	$0	$0	$0
Tara Kirsh	Director	8.00	Director	$0	$0	$0
Jonathan Murrell	Director	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	$649,697	$548,476	$243,662	$101,221
2023	$466,499	$452,101	$146,797	$14,398
2022	$387,304	$347,792	$133,078	$39,512
2021	$220,191	$187,108	$88,204	$33,083