FOUNDATION FOR YOUTH INC (EIN 351978688) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

JOHN HALVERSON

Phone

8124252311

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR YOUTH INC, founded in 1995, is a small nonprofit in the Youth Development sector that reported $646K in total revenue in fiscal year 2024. Revenue surged 449% from the prior year, signaling strong growth momentum. Expenses of $872K exceeded revenue, resulting in a 35% operating deficit.

Mission

RECEIVE AND ADMINISTER FUNDS FOR EDUCATIONAL SCIENTIFIC AND CHARITABLE PURPOSES FOR THE WELFARE OF THE PUBLIC, AND TO MAKE GIFTS AND GRANTS TO ORGANIZATIONS THAT ARE FOR THE ABOVE PURPOSE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,261

Program Service Revenue $0

Investment Income $645,018

Other Revenue $0

TOTAL REVENUE $646,279

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $871,550

TOTAL EXPENSES $871,550

Year-over-Year Comparison

	2024	2023	Change
Revenue	$646,279	$117,780	+4.5%
Expenses	$871,550	$812,069	+0.1%
Net Income	$-225,271	$-694,289	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$234,291

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN C HALVERSON	PRESIDENT	0.50	Officer Director	$0	$0	$0
MARC D FINE	SECRETARY	0.50	Officer Director	$0	$0	$0
JOE MEYER	TREASURER	0.50	Officer Director	$0	$0	$0
JOSEPH T THEBY III	DIRECTOR	0.50	Director	$0	$0	$0
RON RYAN	EX-OFFICIO NON-VOTING BD M	0.50	Director	$0	$21,350	$234,291
DANIEL HERMANN	DIRECTOR	0.50	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	$646,279	$871,550	$21,835,295	$-225,271
2023	$117,780	$812,069	$19,071,247	$-694,289
2022	$186,918	$646,484	$16,367,015	$-459,566
2021	$368,253	$598,740	$19,617,392	$-230,487
2020	$288,690	$265,423	$6,743,647	$23,267
2019	$157,839	$238,087	$5,878,153	$-80,248
2018	$188,383	$212,115	$4,793,765	$-23,732

FOUNDATION FOR YOUTH INC