Best Kids Inc (EIN 522302752) - 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

2001

Legal Domicile

Principal Officer

Dr Stephania A Herrera

Phone

2023972999

Tax Period

2024-01-01 to 2024-12-31

Best Kids Inc, founded in 2001, is a community nonprofit in the Youth Development sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 13% surplus.

Mission

Empowering youth in foster care to build better futures, one child at a time.

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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 $1,361,314

Program Service Revenue $0

Investment Income $360

Other Revenue $0

TOTAL REVENUE $1,361,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $891,759

Fundraising Expenses $60,526

Program Expenses $1,055,578

Other Expenses $297,395

TOTAL EXPENSES $1,189,154

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,361,674	$988,109	+0.4%
Expenses	$1,189,154	$874,307	+0.4%
Net Income	$172,520	$113,802	+0.5%

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

$148,068

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jackie Craig	Director	1.00	Director	$0	$0	$0
Dan Boyce	Vice Chair	1.00	Officer Director	$0	$0	$0
Mike Lints	Director	1.00	Director	$0	$0	$0
William Laubach	Treasurer	2.00	Officer Director	$0	$0	$0
Warren Anderson	Chair	1.00	Officer Director	$0	$0	$0
Lauren Corcoran	Director	1.00	Director	$0	$0	$0
Julian Gonzalez	Director	1.00	Director	$0	$0	$0
Corey Arnez Griffin	Director	1.00	Director	$0	$0	$0
Gabby Majewski	Director	1.00	Director	$0	$0	$0
Asia Young	Director	1.00	Director	$0	$0	$0
Ray Mckenzie	Director	1.00	Director	$0	$0	$0
Dr Herrera	Executive Director	40.00	Officer	$133,581	$14,487	$148,068

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	$1,361,674	$1,189,154	$1,234,103	$172,520
2023	$988,109	$874,307	$796,393	$113,802
2022	$570,454	$730,528	$564,731	$-160,074
2022	$570,454	$730,528	$564,731	$-160,074
2021	$787,995	$713,683	$583,317	$74,312
2020	$908,542	$923,359	$604,333	$-14,817
2019	$847,108	$818,362	$297,670	$28,746
2018	$787,538	$715,057	$257,011	$72,481

Best Kids Inc