GRASSROOTS FOUNDATION FOR FINANCIAL LITERACY (EIN 451143560) - 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

2011

Legal Domicile

Principal Officer

ALAN RICHEY

Phone

8438105247

Tax Period

2024-01-01 to 2024-12-31

GRASSROOTS FOUNDATION FOR FINANCIAL LITERACY, founded in 2011, is a small nonprofit that reported $235K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

HOOKED ON MIRACLES - KMT IS DEDICATED TO FUNDING PEDIATRIC THERAPY, MEDICAL TREATMENT, AND HEALTHCARE.

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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 $207,658

Program Service Revenue $0

Investment Income $0

Other Revenue $27,244

TOTAL REVENUE $234,902

Expense Breakdown

Grants Paid $230,000

Salaries & Benefits $0

Fundraising Expenses $40

Program Expenses $232,864

Other Expenses $5,607

TOTAL EXPENSES $235,607

Year-over-Year Comparison

	2024	2023	Change
Revenue	$234,902	$199,772	+0.2%
Expenses	$235,607	$204,953	+0.1%
Net Income	$-705	$-5,181	-0.9%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX COLE	BOARD MEMBER	1.50	Officer Director	$0	$0	$0
SCOTT FLANDERS	BOARD MEMBER	1.50	Director	$0	$0	$0
SARAH JONES	BOARD MEMBER	1.50	Director	$0	$0	$0
ALAN RICHEY	OFFICER	20.00	Officer Director	$0	$0	$0
KELLY RICHEY	BOARD MEMBER	1.50	Director	$0	$0	$0
BRITT TOOLEY	BOARD MEMBER	1.50	Director	$0	$0	$0
TERRI TOOLEY	BOARD MEMBER	1.50	Director	$0	$0	$0
AMY WALLACE	BOARD MEMBER	1.50	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	$234,902	$235,607	No data	$-705
2023	No data	No data	No data	No data
2022	$120,181	$119,768	$5,182	$413
2021	$87,417	$83,073	$4,769	$4,344

GRASSROOTS FOUNDATION FOR FINANCIAL LITERACY