SOUND INTERPRETATION PROJECT (EIN 461465493) - 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

John Crabtree

Phone

5413427354

Tax Period

2024-01-01 to 2024-12-31

SOUND INTERPRETATION PROJECT, founded in 2012, is a small nonprofit in the Religion sector that reported $163K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 50% operating margin.

Mission

Religious education: education in the teaching, message, and worldview of the Bible as discerned through sound methods of interpretation, promotion of the knowledge and skills necessary to interpret the Bible soundly, and promotion of lifestyles that conform to the teaching of the Bible.

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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 $154,585

Program Service Revenue $0

Investment Income $8,090

Other Revenue $0

TOTAL REVENUE $162,675

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $60,400

Fundraising Expenses $50

Program Expenses $76,113

Other Expenses $5,327

TOTAL EXPENSES $80,727

Year-over-Year Comparison

	2024	2023	Change
Revenue	$162,675	$114,104	+0.4%
Expenses	$80,727	$59,084	+0.4%
Net Income	$81,948	$55,020	+0.5%

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

Employees

N/A

Volunteers

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

$60,400

Total Directors

$60,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John A Crabtree	President, Director SIP	40.00	Officer Director	$29,200	$28,200	$57,400
Kathryn Wahlstrom	Treasurer	2	Officer Director	$3,000	$0	$3,000
Joanne Crabtree	Secretary	0	Officer Director	$0	$0	$0
Tyler Crabtree	Vice Chairman	0	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	$162,675	$80,727	$625,053	$81,948
2023	$114,104	$59,084	$543,105	$55,020

SOUND INTERPRETATION PROJECT