STERLING SOLUTIONS (EIN 454632089) - 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

Vickie Mack

Phone

7609818476

Tax Period

2023-01-01 to 2023-12-31

STERLING SOLUTIONS, founded in 2012, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $559K in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $530K left a modest 5% surplus.

Mission

Sterling Solution's mission is to advocate for mental health consumers and families, increase mental health peer wellness and recovery by providing opportunities for meaningful engagement in productive, pro-social employment skill-building activities and increase the rural mental health workforce.

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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 $559,422

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $559,422

Expense Breakdown

Grants Paid $51,581

Salaries & Benefits $144,973

Fundraising Expenses $0

Program Expenses $530,411

Other Expenses $333,857

TOTAL EXPENSES $530,411

Year-over-Year Comparison

	2023	2022	Change
Revenue	$559,422	$333,248	+0.7%
Expenses	$530,411	$338,921	+0.6%
Net Income	$29,011	$-5,673	-6.1%

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

$70,818

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Vickie Mack	Executive Director	40	Key Emp Highest	$70,818	$0	$70,818
Rhea Turner	Secretary	0	Director	$0	$0	$0
Johnathan V Tye	Vice President	0	Director	$0	$0	$0
Jeffrey Mack	Board President	0	Officer	$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	$559,422	$530,411	$29,512	$29,011
2022	$333,248	$338,921	$114,484	$-5,673
2021	$267,853	$242,250	$27,095	$25,603
2019	$106,891	$99,960	$7,787	$6,931
2019	$74,452	$86,159	$-10,851	$-11,707
2019	$106,891	$112,181	$-4,434	$-5,290

STERLING SOLUTIONS