KEEPING FAMILIES CONNECTED INC

EIN: 473106332 501(c)(3) Human Services

FRISCO, TX

Total Revenue
$208,000
Total Expenses
$200,500
Total Assets
$22,000
Net Assets
$22,000
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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
TX
Principal Officer
LETITIA SCOTT
Phone
9729040551
Tax Period
2024-01-01 to 2024-12-31

KEEPING FAMILIES CONNECTED INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $208K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $200K left a modest 4% surplus.

Mission

Keeping Families Connected is a non-profit 501c3 organization that seeks to enrich the lives of young people through events, providing educational resources, mentoring, and counseling services. We believe that family m

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $208,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $208,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $200,500
Other Expenses $200,500
TOTAL EXPENSES $200,500

Year-over-Year Comparison

2024 2023 Change
Revenue $208,000 $145,652 +0.4%
Expenses $200,500 $86,781 +1.3%
Net Income $7,500 $58,871 -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

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Governance

Voting Members
5
Independent Members
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT EXECUTIVE DIR 035.00
Officer 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 $208,000 $200,500 $22,000 $7,500
2018 $199,170 $56,319 $142,851 $142,851
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