ZMI FOUNDATION INC (EIN 455537211) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

SHARON CHAMBERS

Phone

7182760600

Tax Period

2024-01-01 to 2024-12-31

ZMI FOUNDATION INC, founded in 2012, is a small nonprofit in the Education sector that reported $540K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

TO PROVIDE A SUPPORTIVE, EMPOWERING, AND EFFECTIVE AFTER SCHOOL CURRICULUM AND SUMMER CAMP PROGRAM

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,380

Program Service Revenue $509,493

Investment Income $0

Other Revenue $6,360

TOTAL REVENUE $540,233

Expense Breakdown

Grants Paid $0

Salaries & Benefits $222,588

Fundraising Expenses $0

Program Expenses $291,688

Other Expenses $352,684

TOTAL EXPENSES $575,272

Year-over-Year Comparison

	2024	2023	Change
Revenue	$540,233	$593,440	-0.1%
Expenses	$575,272	$615,244	-0.1%
Net Income	$-35,039	$-21,804	+0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

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

$134,700

Total Directors

$134,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON CHAMBERS	EXECUTIVE DIRECTOR	25.00	Officer Director	$60,000	$0	$60,000
DENNIS CHAMBERS	CHAIRMAN	25.00	Officer Director	$50,000	$0	$50,000
KATRYN GANPAT	TREASURER	25.00	Officer Director	$24,700	$0	$24,700
EDWIN VICTOR	SECRETARY	2.00	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	$540,233	$575,272	$108,263	$-35,039
2023	$593,440	$615,244	$134,952	$-21,804
2022	$368,408	$354,557	$215,583	$13,851
2021	$166,307	$223,657	$151,482	$-57,350
2020	$174,276	$198,533	$177,423	$-24,257
2019	$397,155	$414,687	$22,115	$-17,532
2018	$430,507	$425,910	$36,704	$4,597

ZMI FOUNDATION INC