TORCH OF WISDOM FOUNDATION INC (EIN 383118653) - 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

1993

Legal Domicile

Phone

2485055534

Tax Period

2024-01-01 to 2024-12-31

TORCH OF WISDOM FOUNDATION INC, founded in 1993, is a small nonprofit in the Education sector that reported $163K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $214K exceeded revenue, resulting in a 31% operating deficit.

Mission

CHARITABLE AND EDUCATIONAL

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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 $117,875

Program Service Revenue $0

Investment Income $0

Other Revenue $44,787

TOTAL REVENUE $162,662

Expense Breakdown

Grants Paid $33,300

Salaries & Benefits $0

Fundraising Expenses $1,975

Program Expenses $139,810

Other Expenses $180,577

TOTAL EXPENSES $213,877

Year-over-Year Comparison

	2024	2023	Change
Revenue	$162,662	$261,073	-0.4%
Expenses	$213,877	$279,596	-0.2%
Net Income	$-51,215	$-18,523	+1.8%

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

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
BEVERLY ALLEN	CHAIRPERSON PRESIDENT	Officer Director	$0	$0	$0
FELICIA HUNTER	FACILITIES DIRECTOR	Director	$0	$0	$0
ROSITA BROCKINGTON	RECORDING SECRETARY	Officer Director	$0	$0	$0
LASHAWN TAYLOR	DIRECTOR	Director	$0	$0	$0
KIM ROGERS	CORRESPONDING SECRETARY	Officer Director	$0	$0	$0
CYNTHIA WILLIAMS	ASSISTANT TREASURER	Officer Director	$0	$0	$0
DEBORAH BABER	ASSISTANT RECORDING SECRETARY	Officer Director	$0	$0	$0
LASONJA CAMPBELL	YOUTH PROGRAMS CO DIRECTOR	Director	$0	$0	$0
YOLANDA DURFIELD	FUND DEVELOPMENT CO DIRECTOR	Director	$0	$0	$0
SHERRY HICKS	FUND DEVELOPMENT CO DIRECTOR	Director	$0	$0	$0
WHITNEY LEWIS	VICE PRESIDENT	Officer Director	$0	$0	$0
DONNA BELL	NOMINATIONS DIRECTOR	Director	$0	$0	$0
ERNITA JOHNSON	MARKETING DIRECTOR	Director	$0	$0	$0
KIMBERLY OWENS CALLOWAY	EX OFFICIO MEMBER	Director	$0	$0	$0
SHEENA DANIELS	TREASURER	Officer Director	$0	$0	$0
ONEIKA MOBLEY	COMMUNITY PROGRAMS CO DIRECTOR	Director	$0	$0	$0
DRAKE PHIFER	COMMUNITY PROGRAMS CO DIRECTOR	Director	$0	$0	$0
MARK MORDEN	CORRESPONDING SECRETARY	Officer Director	$0	$0	$0
LINDSEY JOHNSON	YOUTH PROGRAMS CO DIRECTOR	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	$162,662	$213,877	$415,128	$-51,215
2023	$261,073	$279,596	$483,508	$-18,523
2022	$226,147	$212,589	$502,031	$13,558
2021	$305,129	$187,654	$556,495	$117,475
2020	$216,114	$83,047	$389,665	$133,067
2018	$255,678	$165,524	$449,770	$90,154
2018	$218,135	$164,024	$359,616	$54,111

TORCH OF WISDOM FOUNDATION INC