STATE SOLUTIONS INC (EIN 453092150) - 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

RYAN KOOPMANS

Phone

2026624162

Tax Period

2023-10-01 to 2024-09-30

STATE SOLUTIONS INC, founded in 2011, is a community nonprofit in the Public & Societal Benefit sector that reported $3.1M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE THE COMMON GOOD AND GENERAL WELFARE OF THE CITIZENS OFVARIOUS STATES AND OF ALL AMERICANS BY PROMOTING SOUND PUBLIC POLICY FOR THE STATES, AND SUPPORTING ORGANIZATIONS WITH A SIMILAR MISSION.

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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 $3,131,040

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,131,040

Expense Breakdown

Grants Paid $1,000,000

Salaries & Benefits $95,000

Fundraising Expenses $0

Program Expenses $3,136,394

Other Expenses $2,223,233

TOTAL EXPENSES $3,318,233

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,131,040	$1,977,450	+0.6%
Expenses	$3,318,233	$1,567,165	+1.1%
Net Income	$-187,193	$410,285	-1.5%

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

N/A

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

$591,467

Total Directors

$591,467

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN KOOPMANS	PRESIDENT	15.00	Officer Director	$95,000	$0	$95,000
SARA GONGOL	SECRETARY	14.00	Officer Director	$0	$50,398	$405,398
MASON BROWN	TREASURER	3.00	Officer Director	$0	$11,907	$91,069

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	$3,131,040	$3,318,233	$365,560	$-187,193
2023	$1,977,450	$1,567,165	$552,753	$410,285
2022	$16,883,500	$17,924,708	$139,768	$-1,041,208
2021	$3,715,000	$4,593,207	$1,183,676	$-878,207
2020	$3,239,223	$1,393,301	$2,061,883	$1,845,922

STATE SOLUTIONS INC