MINDING OUR BUSINESS INC

EIN: 461076647 501(c)(3)

Trenton, NJ

Total Revenue
$157,770
Total Expenses
$167,901
Total Assets
$16,878
Net Assets
$-18,641
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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
NJ
Principal Officer
KEVIN WORTHEM
Tax Period
2018-01-01 to 2018-12-31

MINDING OUR BUSINESS INC, founded in 2012, is a small nonprofit that reported $158K in total revenue in fiscal year 2018. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

Promote economic development by conducting entrepreneurship based training and mentoring programs for New Jersey youth designed to provide participating students with instruction in starting and running their own businesses, strategic and tactical business advice and networking

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $139,187
Program Service Revenue $18,580
Investment Income $3
Other Revenue $0
TOTAL REVENUE $157,770

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,729
Fundraising Expenses $16,359
Program Expenses $117,064
Other Expenses $97,172
TOTAL EXPENSES $167,901

Year-over-Year Comparison

2018 2017 Change
Revenue $157,770 $111,069 +0.4%
Expenses $167,901 $211,169 -0.2%
Net Income $-10,131 $-100,100 -0.9%
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

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Governance

Voting Members
20
Independent Members
5
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN WORTHEM Exec Director 40.00
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
2018 $157,770 $167,901 $16,878 $-10,131
2017 $111,069 $211,169 $1,363 $-100,100
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