TRUSTED WORLD FOUNDATION INC (EIN 455264332) - 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

MICHAEL GARRETT

Phone

9728610577

Tax Period

2024-01-01 to 2024-12-31

TRUSTED WORLD FOUNDATION INC, founded in 2012, is a community nonprofit in the Human Services sector that reported $5.2M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

Trusted World is committed to providing the best resources, at no cost, to people or organizations who are providing services on someone elses behalf.

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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 $5,211,987

Program Service Revenue $0

Investment Income $8,004

Other Revenue $16,271

TOTAL REVENUE $5,236,262

Expense Breakdown

Grants Paid $4,186,517

Salaries & Benefits $567,444

Fundraising Expenses $47,331

Program Expenses $4,994,628

Other Expenses $385,729

TOTAL EXPENSES $5,139,690

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,236,262	$6,011,958	-0.1%
Expenses	$5,139,690	$5,656,929	-0.1%
Net Income	$96,572	$355,029	-0.7%

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

Volunteers

8000

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

$121,154

Total Directors

$121,154

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL GARRETT	CEO	50.00	Officer Director	$121,154	$0	$121,154
DANIEL BOUTON	Secretary	1.00	Officer Director	$0	$0	$0
GABRIELLE MADISON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LAUREN SANDS	Director	1.00	Director	$0	$0	$0
EVA HUMMEL	Director	1.00	Director	$0	$0	$0
JAMES THOMAS	Director	1.00	Director	$0	$0	$0
BRIAN HARVEY	Director	1.00	Director	$0	$0	$0
JAMEY APPLEGATE	Director	1.00	Director	$0	$0	$0
EDDIE ARMY	Director	1.00	Director	$0	$0	$0
SHELLEY GARRETT	Director	1.00	Director	$0	$0	$0
ED DRAIN	Director	1.00	Director	$0	$0	$0
MISTY LEON	Director	1.00	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	$5,236,262	$5,139,690	$3,822,688	$96,572
2023	$6,011,958	$5,656,929	$3,737,287	$355,029
2022	$4,908,288	$3,260,966	$3,390,585	$1,647,322
2022	$4,908,288	$3,260,966	$3,390,585	$1,647,322
2021	$2,777,202	$1,850,818	$1,680,132	$926,384
2020	$2,185,329	$1,624,803	$745,763	$560,526
2019	$1,490,657	$1,688,188	$180,984	$-197,531

TRUSTED WORLD FOUNDATION INC