CARING FOR YOUNG MINDS FOUNDATION INC (EIN 522452720) - 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

2008

Legal Domicile

Principal Officer

LAWRENCE WILLIAMS

Phone

4434134423

Tax Period

2024-01-01 to 2024-12-31

CARING FOR YOUNG MINDS FOUNDATION INC, founded in 2008, is a small nonprofit in the Youth Development sector that reported $213K in total revenue in fiscal year 2024. Expenses of $254K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE LEARNING OPPORTUNITIES TO SUPPORT THE SOCIAL, EMOTIONAL, AND ACADEMIC DEVELOPMENT OF AT-RISK YOUTH.

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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 $0

Program Service Revenue $212,942

Investment Income $0

Other Revenue $0

TOTAL REVENUE $212,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $254,221

Other Expenses $254,221

TOTAL EXPENSES $254,221

Year-over-Year Comparison

	2024	2023	Change
Revenue	$212,942	$203,564	+0.0%
Expenses	$254,221	$168,083	+0.5%
Net Income	$-41,279	$35,481	-2.2%

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

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	Role	Reportable Comp	Other Comp	Total
LAWRENCE WILLIAMS	DIRECTOR	Officer	$0	$0	$0
MICHAEL SYE	MEMBER	Officer	$0	$0	$0
ROSA DANAGE	TREASURER	Officer	$0	$0	$0
PATRICK JOHNSON	MEMBER	Officer	$0	$0	$0
WILMA DEYAMPART	MEMBER	Officer	$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	$212,942	$254,221	$15,883	$-41,279
2023	$98,941	$96,468	$43,232	$2,473
2022	$191,473	$191,473	$1,467	No data
2021	$152,000	$151,603	$29,391	$397
2020	$77,500	$77,500	$200	No data
2019	$104,756	$104,576	$200	$180

CARING FOR YOUNG MINDS FOUNDATION INC