VELLE CARES FOUNDATION INC (EIN 463479904) - 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

2014

Legal Domicile

Principal Officer

LEVELLE MOTON

Phone

9195221240

Tax Period

2022-01-01 to 2022-12-31

VELLE CARES FOUNDATION INC, founded in 2014, is a micro nonprofit in the Human Services sector that reported $58K in total revenue in fiscal year 2022. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $116K exceeded revenue, resulting in a 101% operating deficit.

Mission

TO SERVE AND ASSIST COMMUNITY BASED ORGANIZATIONS THAT PROMOTE HEALTH, EDUCATION, AND LIFE SKILLS FOR CHILDREN AND FAMILIES IN AT RISK SITUATIONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $57,840

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $57,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $115,109

Other Expenses $116,194

TOTAL EXPENSES $116,194

Year-over-Year Comparison

	2022	2021	Change
Revenue	$57,840	$226,864	-0.7%
Expenses	$116,194	$152,608	-0.2%
Net Income	$-58,354	$74,256	-1.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEVELLE MOTON	EXECUTIVE DI	N/A	Director	$0	$0	$0
SHONYA BRAITHWAITE	SECRETARY/TR	N/A	Officer	$0	$0	$0
MODUPE CONGLETON	BOARD MEMBER	N/A	Officer	$0	$0	$0
TERRELL MIDGET	CHAIRMAN	N/A	Officer	$0	$0	$0
DAVID NOEL	BOARD MEMBER	N/A	Officer	$0	$0	$0
CRESSI THIGPEN	VICE CHAIRMA	N/A	Officer	$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
2022	$57,840	$116,194	$27,405	$-58,354
2021	$226,864	$152,608	$85,759	$74,256

VELLE CARES FOUNDATION INC