Kyles Family Foundation (EIN 453746823) - 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

2009

Legal Domicile

Principal Officer

CEDRIC KYLES

Phone

8188415451

Tax Period

2023-01-01 to 2023-12-31

Kyles Family Foundation, founded in 2009, is a small nonprofit in the Youth Development sector that reported $277K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $355K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO TEACH LIFE SKILLS TO URBAN YOUTH THROUGHOUT THE NATION TO BUILD CONFIDENCE AND SELF ESTEEM TO ENABLE THEM TO NAVIGATE THROUGH LIFE WITH A SENSE OF PURPOSE

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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 $276,966

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $276,966

Expense Breakdown

Grants Paid $56,419

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $347,199

Other Expenses $298,251

TOTAL EXPENSES $354,670

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,966	$220,260	+0.3%
Expenses	$354,670	$136,149	+1.6%
Net Income	$-77,704	$84,111	-1.9%

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

N/A

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
CEDRIC KYLES	CEO	1.00	Officer Director	$0	$0	$0
LORNA KYLES	Secretary	1.00	Officer 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	No data	No data	No data	No data
2023	$276,966	$354,670	$169,784	$-77,704
2022	$220,260	$136,149	$247,487	$84,111
2021	$20,013	$94,269	$163,376	$-74,256
2020	$228,065	$123,230	$237,632	$104,835
2019	$90,651	$72,863	$132,797	$17,788
2018	$166,452	$94,354	$115,009	$72,098

Kyles Family Foundation