SOUND MIND SOUND BODY FOUNDATION (EIN 473868584) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

CURTIS BLACKWELL II

Phone

3134699938

Tax Period

2023-01-01 to 2023-12-31

SOUND MIND SOUND BODY FOUNDATION, founded in 2015, is a community nonprofit in the Youth Development sector that reported $1.2M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $1.4M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO AID INNER CITY YOUTH VIA MENTORING AND VARIOUS YOUTH-ORIENTED PROGRAMS, YOUTH AND ADULT HEALTHY LIVING INITIATIVES, AND YOUTH-ORIENTED COMMUNITY BASED PROGRAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $780,449

Program Service Revenue $425,027

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,205,476

Expense Breakdown

Grants Paid $0

Salaries & Benefits $321,435

Fundraising Expenses $0

Program Expenses $1,270,129

Other Expenses $1,109,196

TOTAL EXPENSES $1,430,631

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,205,476	$1,299,294	-0.1%
Expenses	$1,430,631	$1,334,388	+0.1%
Net Income	$-225,155	$-35,094	+5.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR CECIL FORBES	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE FRANKLIN	BOARD MEMBER	40.00	Director	$0	$0	$0
CURTIS BLACKWELL II	PRESIDENT	40.00	Officer Director	$0	$0	$0
TAMONE MARTIN	BOARD MEMBER	1.00	Director	$0	$0	$0
ABDULLAH MUHAMMAD	BOARD MEMBER	1.00	Director	$0	$0	$0
TURQUOISE NEAL	BOARD MEMBER	1.00	Director	$0	$0	$0
DR LATOYA THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANCINE WHU-MUHAMMAD	BOARD MEMBER	1.00	Director	$0	$0	$0
KEYONTA WILSON	BOARD MEMBER	1.00	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
2023	$1,205,476	$1,430,631	$214,928	$-225,155
2022	$1,271,544	$1,306,638	$231,301	$-35,094
2022	$1,299,294	$1,334,388	$231,301	$-35,094
2021	$711,384	$618,233	$236,452	$93,151
2021	$788,934	$675,182	$236,453	$113,752
2019	$222,092	$214,278	$22,266	$7,814
2018	$211,927	$209,844	$14,452	$2,083

SOUND MIND SOUND BODY FOUNDATION