Young Mens Educational Network (EIN 364124098) - 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

1996

Legal Domicile

Phone

7734189636

Tax Period

2024-01-01 to 2024-12-31

Young Mens Educational Network, founded in 1996, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $969K, a strong 37% operating margin.

Mission

To prepare young men and women in North Lawndale for leadership by helping them grow in their faith and character, develop a love for learning, and use their talents to serve the community and strengthen for our families.

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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 $2,236,002

Program Service Revenue $59,154

Investment Income $52,433

Other Revenue $254,549

TOTAL REVENUE $2,602,138

Expense Breakdown

Grants Paid $49,833

Salaries & Benefits $548,837

Fundraising Expenses $78,712

Program Expenses $1,534,963

Other Expenses $1,033,998

TOTAL EXPENSES $1,632,668

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,602,138	$1,933,609	+0.3%
Expenses	$1,632,668	$1,490,207	+0.1%
Net Income	$969,470	$443,402	+1.2%

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

Total Directors

$157,040

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL TROUT	EXECUTIVE DIRECTOR	40	Director	$141,040	$16,000	$157,040
MARCUS THRONE	PRESEDENT	5	Officer Director	$0	$0	$0
JAMIL BROWN	VICE PRESIDENT	5	Officer Director	$0	$0	$0
CHAD TAMELING	SECRETARY	5	Officer Director	$0	$0	$0
JAYLAH BROOKS	TREASURER	5	Officer Director	$0	$0	$0
DERRICK ANDERSON	DIRECTOR	1	Director	$0	$0	$0
CHRIS CRATER	DIRECTOR	1	Director	$0	$0	$0
ERIC LINDSAY	DIRECTOR	1	Director	$0	$0	$0
MARK PETERSEN	DIRECTOR	1	Director	$0	$0	$0
DR CARNELL THOMAS	DIRECTOR	1	Director	$0	$0	$0
FRANK WHITING	DIRECTOR	5	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	$2,602,138	$1,632,668	$7,945,150	$969,470
2023	$1,933,609	$1,490,207	$6,804,422	$443,402
2022	$1,911,121	$1,248,691	$6,081,327	$662,430
2021	$1,815,532	$944,109	$5,813,808	$871,423
2020	$1,838,692	$927,812	$4,927,782	$910,880

Young Mens Educational Network