Strong Foundations Inc (EIN 461712004) - 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

Henry Shimmin

Phone

3097342080

Tax Period

2024-04-01 to 2025-03-31

Strong Foundations Inc, founded in 2012, is a micro nonprofit in the Housing & Shelter sector that reported $64K in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 48% operating margin.

Mission

To meet the pressing demand for housing for low and moderate-income people and to provide housing-related services to the same.

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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 $0

Program Service Revenue $17,452

Investment Income $46,460

Other Revenue $200

TOTAL REVENUE $64,112

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,665

Fundraising Expenses $0

Program Expenses $15,571

Other Expenses $22,382

TOTAL EXPENSES $33,047

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,112	$154,168	-0.6%
Expenses	$33,047	$29,842	+0.1%
Net Income	$31,065	$124,326	-0.8%

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

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

$72,869

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Henry Shimmin	Executive Director	2.00	Officer	$0	$0	$72,869
Joseph P Romano	Chairman	1.00	Officer	$0	$0	$0
Regina Sanberg	Vice Chair	1.00	Officer	$0	$0	$0
Adam Carlson	Treasurer	1.00	Officer	$0	$0	$0
Susan Higbee	Secretary	1.00	Officer	$0	$0	$0
Jane Dickey	Commissioner	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
2025	$64,112	$33,047	$1,079,424	$31,065
2024	$154,168	$29,842	$1,048,456	$124,326
2023	$126,101	$23,709	$920,326	$102,392
2022	$123,593	$61,217	$819,743	$62,376
2021	$28,773	$21,285	$756,320	$7,488

Strong Foundations Inc