FOLA COMMUNITY ACTION SERVICES INC (EIN 364317184) - 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

2002

Legal Domicile

Phone

7734874310

Tax Period

2024-07-01 to 2025-06-30

FOLA COMMUNITY ACTION SERVICES INC, founded in 2002, is a community nonprofit in the Mental Health sector that reported $3.4M in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 34% operating margin.

Mission

SUBSTANCE ABUSE REHABILITATION

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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 $3,426,344

Program Service Revenue $14,299

Investment Income $0

Other Revenue $257

TOTAL REVENUE $3,440,900

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,306,875

Fundraising Expenses $0

Program Expenses $1,916,904

Other Expenses $948,310

TOTAL EXPENSES $2,255,185

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,440,900	$2,112,139	+0.6%
Expenses	$2,255,185	$1,893,952	+0.2%
Net Income	$1,185,715	$218,187	+4.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
OLUROTIMI OSILAJA	SECRETARY	Director	$0	$0	$0
ANTHONY AKINDELE	TREASURER	Director	$0	$0	$0
UTHMAN EROGBOGBO	CHAIRMAN	Director	$0	$0	$0
OLUFOLAKE OLADEINDE	PRESIDENT	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
2025	$3,440,900	$2,255,185	$4,110,125	$1,185,715
2024	$2,112,139	$1,893,952	$2,917,390	$218,187
2023	$2,021,349	$1,832,201	$2,709,274	$189,148
2022	$1,884,186	$1,635,615	$2,461,997	$248,571
2019	$1,975,767	$1,236,105	$1,585,591	$739,662

FOLA COMMUNITY ACTION SERVICES INC