JOYJ INITIATIVE

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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

Michele Marotta

Phone

6092037614

Tax Period

2020-01-01 to 2020-12-31

JOYJ INITIATIVE, founded in 2014, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $867K in total revenue in fiscal year 2020. Revenue surged 508% from the prior year, signaling strong growth momentum. The organization ran a surplus of $132K, a strong 15% operating margin.

Mission

Our mission statement is: In a world where connections are increasingly superficial, we aim to foster meaningful human connections by offering unique programs for groups and individuals to provide aid and comfort to those experiencing homelessness as well as other communities undergoing hardship.

Program Service Accomplishments

Program 1

Expenses: $47,887 Revenue: $0

Approximately 278 volunteers distributed 6,610 care packages to the homeless, bringing us up to 29,870 bags since inception.

Program 2

Expenses: $675,282 Revenue: $36,678

During 2020, since social distancing caused us to be unable to conduct homeless outreaches we shifted to a partnership with local restaurants to donate food to hospitals/healthcare workers and senior living facilities to augment our delivery of goods to shelters. Once social distancing was relaxed, we transitioned back to our main goal of providing outreach to the homeless community. As part of this program, we distributed 55,110 meals.

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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 (2020)

Revenue Breakdown

Contributions & Grants $866,626

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $866,626

Expense Breakdown

Grants Paid $675,282

Salaries & Benefits $0

Fundraising Expenses $6,538

Program Expenses $723,169

Other Expenses $53,082

TOTAL EXPENSES $734,902

Year-over-Year Comparison

	2020	2019	Change
Revenue	$866,626	$142,612	+5.1%
Expenses	$734,902	$72,953	+9.1%
Net Income	$131,724	$69,659	+0.9%

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

N/A

Employees

N/A

Volunteers

4739

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
Nick Loury	Treasurer	4	Director	$0	$0	$0
Michele Marotta	President	21	Director	$0	$0	$0
Leila Araiche	Director	3	Director	$0	$0	$0
Andrew Birnbaum	Director	0	Director	$0	$0	$0
Davina Faust	Director	3	Director	$0	$0	$0
Louise Ulman	Director	0	Director	$0	$0	$0
Brian Kelly	Secretary	5	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
2020	$866,626	$734,902	$222,745	$131,724