SEAN MICHAEL ANDERSON FOUNDATION (EIN 371693560) - 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

2012

Legal Domicile

Principal Officer

MYRA ANDERSON

Phone

3107770219

Tax Period

2023-01-01 to 2023-12-31

SEAN MICHAEL ANDERSON FOUNDATION, founded in 2012, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $3K in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $25K exceeded revenue, resulting in a 869% operating deficit.

Mission

TO ASSIST IN THE EDUCATION, HEALTH, SAFETY, AND WELL-BEING OF DETROIT AREA SCHOOL-AGED CHILDREN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,577

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,577

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,000

Other Expenses $14,965

TOTAL EXPENSES $24,965

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,577	$25,000	-0.9%
Expenses	$24,965	$46,491	-0.5%
Net Income	$-22,388	$-21,491	+0.0%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONYA CORBITT	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL FAIR	DIRECTOR	2.00	Director	$0	$0	$0
JEFFREY FRATARCANGELI	DIRECTOR	2.00	Director	$0	$0	$0
RASHON MASSEY	DIRECTOR	2.00	Director	$0	$0	$0
SEAN ANDERSON	CEO/FOUNDER	2.00	Officer	$0	$0	$0
MYRA ANDERSON	PRESIDENT	2.00	Officer	$0	$0	$0
BRETT ANDERSON	TREASURER	2.00	Officer	$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	No data	No data	No data	No data
2023	$2,577	$24,965	$61,665	$-22,388
2022	$25,000	$46,491	$84,053	$-21,491
2021	$230,000	$153,539	$86,592	$76,461
2020	$15,086	$35,016	$10,130	$-19,930
2019	$258,274	$370,335	$32,216	$-112,061
2018	$224,884	$162,165	$108,688	$62,719

SEAN MICHAEL ANDERSON FOUNDATION