Persevere Inc (EIN 471039429) - 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

2015

Legal Domicile

Principal Officer

Sean Hosman

Phone

8772607299

Tax Period

2024-01-01 to 2024-12-31

Persevere Inc, founded in 2015, is a mid-sized nonprofit in the Youth Development sector that reported $13.0M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

To empower justice-involved individuals at risk for further justice involvement to succeed as productive members of society.

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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 $12,837,871

Program Service Revenue $133,096

Investment Income $28

Other Revenue $0

TOTAL REVENUE $12,970,995

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,412,905

Fundraising Expenses $164,151

Program Expenses $11,202,109

Other Expenses $3,586,897

TOTAL EXPENSES $12,999,802

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,970,995	$11,359,721	+0.1%
Expenses	$12,999,802	$11,231,143	+0.2%
Net Income	$-28,807	$128,578	-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

214

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sean Hosman	Chair/Acting Exec Dir	10.00	Director	$0	$0	$0
Marjorie Rist	Treasurer	10.00	Director	$0	$0	$0
Jodi Anderson	Vice Chair	2.00	Director	$0	$0	$0
Zach Hosman	Board Member	1.00	Director	$0	$0	$0
Stephen Davis	Board Member	1.00	Director	$0	$0	$0
Charley Deal	Campaign Cabinet Chair	3.00	Director	$0	$0	$0
Jessica Dickerson	Secretary	2.00	Director	$0	$0	$0
Stacey Books	Interim CEO	40.00	Highest	$121,470	$8,112	$129,582

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	$12,970,995	$12,999,802	$1,778,367	$-28,807
2023	$11,359,721	$11,231,143	$2,142,122	$128,578
2022	$6,558,003	$5,864,770	$1,619,182	$693,233
2021	$4,361,245	$3,755,612	$1,046,910	$605,633
2020	$1,556,181	$2,067,709	$456,993	$-511,528
2019	$806,875	$1,091,693	$62,460	$-284,818
2019	$814,374	$1,067,948	$62,861	$-253,574

Persevere Inc