TSIC OF SARASOTA COUNTY 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

2002

Legal Domicile

Principal Officer

LISA A BECHTOLD

Phone

9413584407

Tax Period

2024-07-01 to 2025-06-30

TSIC OF SARASOTA COUNTY INC, founded in 2002, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $423K, a strong 22% operating margin.

Mission

TAKE STOCK IN CHILDREN IS A MENTORING PROGRAM THAT PROVIDES AT-RISK YOUTH FROM LOW-INCOME FAMILIES WITH HOPE FOR THE FUTURE, A FULL-TUITION SCHOLARSHIP TO COLLEGE/TECHNICAL SCHOOL, AND THE SUPPORT THEY NEED TO ACHIEVE THEIR DREAMS.

Program Service Accomplishments

Program 1

Expenses: $1,275,726

DURING THE YEAR ENDED JUNE 30, 2025, THERE WERE 446 STUDENTS IN GRADES 6-12, 121 CLASS OF 2025 HIGH SCHOOL GRADUATES, AND 280 MENTORS ACTIVELY PARTICIPATING IN THE PROGRAM.

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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 $1,951,184

Program Service Revenue $0

Investment Income $10,318

Other Revenue $0

TOTAL REVENUE $1,961,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $823,220

Fundraising Expenses $140,905

Program Expenses $1,275,726

Other Expenses $715,300

TOTAL EXPENSES $1,538,520

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,961,502	$1,121,827	+0.7%
Expenses	$1,538,520	$1,328,771	+0.2%
Net Income	$422,982	$-206,944	-3.0%

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

300

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

$119,744

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT ATKINS	DIRECTOR	5.00	Director	$0	$0	$0
BRITTANY LAMONT	CHAIR	5.00	Officer Director	$0	$0	$0
CHARLES BRYANT	DIRECTOR	5.00	Director	$0	$0	$0
KAREN HOUGH	DIRECTOR	5.00	Director	$0	$0	$0
JAY BRADY	DIRECTOR	5.00	Director	$0	$0	$0
KELLEY LEAR	DIRECTOR	5.00	Director	$0	$0	$0
MICHELLE CHERP	IMMEDIATE PAST CHAIR	5.00	Officer Director	$0	$0	$0
LORI SUTTON	DIRECTOR	5.00	Director	$0	$0	$0
DR STEPHEN COVERT	DIRECTOR	5.00	Director	$0	$0	$0
JUSTIN WILLIAMS	DIRECTOR	5.00	Director	$0	$0	$0
TJ CHITEKWE	TREASURER	5.00	Officer Director	$0	$0	$0
MARJOLAINE TOWNSEND	DIRECTOR	5.00	Director	$0	$0	$0
LUIS MORALES	DIRECTOR	5.00	Director	$0	$0	$0
TUCKER HORSLEY	DIRECTOR	5.00	Director	$0	$0	$0
LISA BECHTOLD	EXECUTIVE DIRECTOR	40.00	Officer	$99,746	$19,998	$119,744

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
2025	$1,961,502	$1,538,520	$5,839,089	$422,982
2025	No data	No data	No data	No data
2024	$1,017,667	$1,263,111	$8,037,030	$-245,444
2023	$2,244,182	$2,314,276	$8,001,572	$-70,094
2022	$1,520,237	$1,043,762	$7,883,249	$476,475
2021	$1,209,552	$694,518	$6,637,817	$515,034
2020	$1,174,342	$922,231	$6,161,461	$252,111
2019	$851,009	$641,248	$5,857,219	$209,761
2018	$1,664,816	$720,640	$5,642,428	$944,176