RESOURCES INSPIRING SUCCESS AND EMPOWERING

EIN: 473762217 501(c)(3) Human Services

FORT WORTH, TX

Total Revenue
$399,121
Total Expenses
$201,345
Total Assets
$275,732
Net Assets
$270,611
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TX
Principal Officer
RENIKA ATKINS
Phone
8328453589
Tax Period
2024-01-01 to 2024-12-31

RESOURCES INSPIRING SUCCESS AND EMPOWERING, founded in 2016, is a small nonprofit in the Human Services sector that reported $399K in total revenue in fiscal year 2024. The organization ran a surplus of $198K, a strong 50% operating margin.

Mission

To bridge the disparity gap between the transitioning youth and their community through education, mentoring, awareness and advocacy.

Program Service Accomplishments

Program 1
Expenses: $67,373

Excel Rapid Rehousing Initiative-Through the Excel Rapid Rehousing Housing Initiative, we provide rental assistance to young adults ages 18-24 who are currently homeless in a rapid rehousing model...

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Excel Rapid Rehousing Initiative-Through the Excel Rapid Rehousing Housing Initiative, we provide rental assistance to young adults ages 18-24 who are currently homeless in a rapid rehousing model. In coordination with TCHC and other COC participating organizations we are currently listed in ETO as a supportive service organization. We accept clients on a referral basis to help bridge gaps to successfully completing services such as finding employment, job readiness, connecting with education and removing any barriers to education.

Program 2
Expenses: $50,152

{HER} Code Summer STEM Experience is an initiative with a goal to engage, empower, and enrich the lives of girls (ages 9-17) with a history of CPS involvement or with special familial situations...

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{HER} Code Summer STEM Experience is an initiative with a goal to engage, empower, and enrich the lives of girls (ages 9-17) with a history of CPS involvement or with special familial situations through guided discovery in STEM. In a five day program girls will participate in classroom based learning, hands on field experience, real-life examples of women in STEM and community involvement.

Program 3
Expenses: $33,591

Mission IM Possible (MIP) is a program designed to offer the individualized special attention to children (11-17) and youth (ages 18-24) through education, community based-activities and...

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Mission IM Possible (MIP) is a program designed to offer the individualized special attention to children (11-17) and youth (ages 18-24) through education, community based-activities and internship/co-op opportunities as delivered by mentors. One in Five foster youth will become homeless after the age 18, only half will be employed by the age of 24 and less than 3 percent will earn a college degree. MIP's role in the community is to provide supportive services alongside various state programs, agencies and nonprofit organizations. MIP is built upon six guiding domains of competencies identified as protective factors to success for youth when offered before aging out.

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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 $399,121
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $399,121

Expense Breakdown

Grants Paid $67,791
Salaries & Benefits $12,000
Fundraising Expenses $8,013
Program Expenses $167,957
Other Expenses $121,554
TOTAL EXPENSES $201,345

Year-over-Year Comparison

2024 2023 Change
Revenue $399,121 $370,974 +0.1%
Expenses $201,345 $329,681 -0.4%
Net Income $197,776 $41,293 +3.8%
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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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
10

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
4
$12,000
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENIKA ATKINS Executive Dir. 20.00
Officer
$12,000 $0 $12,000
NATASHA BOSTIC President 2.00
Officer Director
$0 $0 $0
SHEILA ADESINA Secretary 2.00
Officer Director
$0 $0 $0
MARISHA BAILEY Treasurer 2.00
Officer Director
$0 $0 $0
TIESA LEGGETT Director 2.00
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 $399,121 $201,345 $275,732 $197,776
2023 $370,974 $329,681 $63,785 $41,293
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