RUSSELL WESTBROOK WHY NOT FOUNDATION INC (EIN 461322847) - 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

RUSSELL WESTBROOK III

Phone

3129774330

Tax Period

2023-01-01 to 2023-12-31

RUSSELL WESTBROOK WHY NOT FOUNDATION INC, founded in 2012, is a small nonprofit in the Unknown sector that reported $905K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 14% operating deficit.

Mission

SEE SCHEDULE 0

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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 $864,885

Program Service Revenue $0

Investment Income $0

Other Revenue $40,166

TOTAL REVENUE $905,051

Expense Breakdown

Grants Paid $715,000

Salaries & Benefits $124,466

Fundraising Expenses $31,116

Program Expenses $829,417

Other Expenses $191,719

TOTAL EXPENSES $1,031,185

Year-over-Year Comparison

	2023	2022	Change
Revenue	$905,051	$1,871,357	-0.5%
Expenses	$1,031,185	$1,784,737	-0.4%
Net Income	$-126,134	$86,620	-2.5%

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
RUSSELL WESTBROOK III	PRESIDENT	3.00	Officer Director	$0	$0	$0
RUSSELL WESTBROOK JR	SECRETARY/TREASURER	3.00	Officer Director	$0	$0	$0
SHANNON WESTBROOK	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
REGINALD MORRIS	CEO	40.00	Highest	$119,900	$0	$119,900

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	$905,051	$1,031,185	$160,335	$-126,134
2022	$1,871,357	$1,784,737	$286,469	$86,620
2021	$1,080,074	$1,321,706	$199,849	$-241,632
2020	$489,010	$799,094	$441,481	$-310,084
2019	$403,074	$638,886	$756,545	$-235,812
2018	$753,233	$1,076,010	$987,364	$-322,777

RUSSELL WESTBROOK WHY NOT FOUNDATION INC