Pay it Forward Outreach Corp (EIN 464558350) - 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

Bonnie Vitale

Tax Period

2024-01-01 to 2024-12-31

Pay it Forward Outreach Corp, founded in 2014, is a small nonprofit in the Human Services sector that reported $236K in total revenue in fiscal year 2024. Revenue surged 109% from the prior year, signaling strong growth momentum.

Mission

Pay It Forward Outreach is a faith-based, community-driven, donation-funded outreach organization assisting families facing economic hardships by providing furniture, housewares, and other essential necssities.

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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 $235,922

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $235,922

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,263

Fundraising Expenses $0

Program Expenses $212,499

Other Expenses $228,616

TOTAL EXPENSES $240,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$235,922	$113,096	+1.1%
Expenses	$240,879	$91,194	+1.6%
Net Income	$-4,957	$21,902	-1.2%

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

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

$10,920

Total Directors

$10,920

Key Employees

$10,920

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bonnie Vitale	President	040.00	Officer Director Key Emp Highest	$10,920	$0	$10,920
Heidi Hensley	Secretary	002.00	Officer Director	$0	$0	$0
Brenda Adams	Board Member	002.00	Director	$0	$0	$0
Karen Boring	Treasurer	002.00	Officer Director	$0	$0	$0
Jonathan Boring	Board Member	002.00	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
2024	$235,922	$240,879	$241,905	$-4,957
2019	$209,771	$199,113	$91,451	$10,658

Pay it Forward Outreach Corp

Financial Vulnerability Assessment (Tuckman-Chang)

Financial Trends

Organization Details

Mission

Trantor Score

Financial Overview (2024)

Revenue Breakdown

Expense Breakdown

Year-over-Year Comparison

Financial Health Indicators

Governance

Governance Policies

Special Practices & Reported Activities

Compensation of Officers, Directors & Key Employees

Historical Data

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