XTREME SOULUTIONS INC (EIN 300293324) - 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

2005

Legal Domicile

Principal Officer

BLAINE WHITT

Phone

3526944888

Tax Period

2020-01-01 to 2020-12-31

XTREME SOULUTIONS INC, founded in 2005, is a micro nonprofit in the Religion sector that reported $76K in total revenue in fiscal year 2020.

Mission

OUR MISSION IS TO EMPOWER PEOPLE TO CREATE A FUTURE FOR THEMSELVES AND THEIR CHILDREN, BUILDING A STRONG COMMUNITY WITH MORALS AND VALUES, FINANCIAL STABILITY AND HOPE FOR GENERATIONS TO COME. WE EMPOWER PEOPLE TO FULFILL THEIR DREAMS, PREPARE THEM FOR THEIR FUTURE, AND FILL AS MANY NEEDS IN THE MARION COUNTY FLORIDA COMMUNITY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $75,409

Program Service Revenue $670

Investment Income $34

Other Revenue $0

TOTAL REVENUE $76,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,363

Fundraising Expenses $0

Program Expenses $31,751

Other Expenses $34,502

TOTAL EXPENSES $75,865

Year-over-Year Comparison

	2020	2019	Change
Revenue	$76,113	$73,469	+0.0%
Expenses	$75,865	$72,600	+0.0%
Net Income	$248	$869	-0.7%

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

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

$2,150

Total Directors

$24,113

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY WHITT	DIRECTOR	40.00	Director	$24,113	$0	$24,113
BLAINE WHITT	PRESIDENT	50.00	Officer	$2,150	$0	$2,150
DAVID COPE	DIRECTOR	2.00	Director	$0	$0	$0
ROY THAGARD BOYD III	CHAIRMAN	2.00	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
2020	$76,113	$75,865	$108,884	$248
2019	$73,469	$72,600	$98,910	$869
2018	$67,853	$69,432	$98,207	$-1,579

XTREME SOULUTIONS INC