SIMS-FAYOLA FOUNDATION INC (EIN 475349323) - 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

DEDRICK J SIMS

Phone

7205578443

Tax Period

2024-01-01 to 2024-12-31

SIMS-FAYOLA FOUNDATION INC, founded in 2015, is a community nonprofit in the Youth Development sector that reported $1.8M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 11% surplus.

Mission

TO IMPROVE THE LIFE OUTCOMES OF YOUNG MEN AND BOYS OF COLOR

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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 $1,077,458

Program Service Revenue $682,841

Investment Income $0

Other Revenue $1,385

TOTAL REVENUE $1,761,684

Expense Breakdown

Grants Paid $0

Salaries & Benefits $765,467

Fundraising Expenses $48,487

Program Expenses $277,336

Other Expenses $759,465

TOTAL EXPENSES $1,573,419

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,761,684	N/A	N/A
Expenses	$1,573,419	N/A	N/A
Net Income	$188,265	N/A	N/A

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

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

$100,250

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFERY BOLING	PRESIDENT	002.00	Officer	$0	$0	$0
DEDRICK SIMS	CEO	040.00	Highest	$150,000	$0	$150,000
MOLLIE MULBERRY	BOARD MEMBER	001.00	Director	$0	$0	$0
RICHARD LEWIS	TREASURER	002.00	Officer	$0	$0	$0
DANA SMITH	BOARD MEMBER	001.00	Director	$0	$0	$0
ARVIAN HARPER	COO	040.00	Key Emp	$100,250	$0	$100,250

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	$1,761,684	$1,573,419	$878,741	$188,265
2023	$1,475,569	$1,250,443	No data	$225,126
2022	$997,745	$545,685	No data	$452,060
2021	$512,976	$441,226	No data	$71,750
2020	$362,003	$257,413	No data	$104,590
2019	$216,638	$142,254	No data	$74,384
2018	$337,449	$252,932	$122,115	$84,517

SIMS-FAYOLA FOUNDATION INC