THE JO-NATHAN FOUNDATION INC (EIN 452592941) - 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

REGGIE SIMPKINS

Phone

8033512294

Tax Period

2024-01-01 to 2024-12-31

THE JO-NATHAN FOUNDATION INC, founded in 2012, is a micro nonprofit in the Youth Development sector that reported $61K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $14K, a strong 23% operating margin.

Mission

To invest in the lives of our youth through Education, Experiences, and Exposure.

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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 $60,452

Program Service Revenue $0

Investment Income $1

Other Revenue $50

TOTAL REVENUE $60,503

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $10,840

Program Expenses $28,260

Other Expenses $46,302

TOTAL EXPENSES $46,302

Year-over-Year Comparison

	2024	2023	Change
Revenue	$60,503	$53,987	+0.1%
Expenses	$46,302	$44,955	+0.0%
Net Income	$14,201	$9,032	+0.6%

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
ROBERT LANGFORD	BOARD MEMBER	1	Director	$0	$0	$0
CHEVELA BROWN	PARLIMENTARIAN	3	Director	$0	$0	$0
TERRENCE ONEIL CHEATHAM	TREASURER	40	Officer	$0	$0	$0
ANDRICK ONEAL	CHAPLAIN	1	Officer	$0	$0	$0
CRYSTAL SIMPKINS	DIRECTOR OF EDUCATION	3	Director	$0	$0	$0
JACKIE SIMPKINS	VISIONARY	4	Director	$0	$0	$0
KOLINSKI SIMPKINS	VICE PRESIDENT	10	Officer	$0	$0	$0
REGGIE SIMPKINS	PRESIDENT	10	Officer	$0	$0	$0
KIMBERLY SMITH	ASSIST TREASURER RECORDING SECRETAR	6	Director	$0	$0	$0
DEITHRE BROWN	BOARD MEMBER	1	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	$60,503	$46,302	$100,513	$14,201
2023	$53,987	$44,955	$86,312	$9,032
2022	$50,940	$53,334	$77,280	$-2,394
2021	$91,935	$41,564	$82,011	$50,371

THE JO-NATHAN FOUNDATION INC