POSITIVE ATTITUDE YOUTH CENTER INC (EIN 561913994) - 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

1985

Legal Domicile

Principal Officer

KERRY RICHMOND

Tax Period

2023-07-01 to 2024-06-30

POSITIVE ATTITUDE YOUTH CENTER INC, founded in 1985, is a small nonprofit in the Youth Development sector that reported $446K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $519K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE POSITIVE ATTITUDE YOUTH CENTER IS A NON-PROFIT ORGANIZATION IN THE BURLINGTON, NORTH CAROLINA COMMUNITY THAT WORKS TO REACH OUT TO CHILDREN AND YOUNG ADULTS TO HELP THEM MATURE PHYSICALLY, SPIRITUALLY AND EMOTIONALLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $212,541

Program Service Revenue $233,528

Investment Income $0

Other Revenue $0

TOTAL REVENUE $446,069

Expense Breakdown

Grants Paid $0

Salaries & Benefits $308,502

Fundraising Expenses $3,051

Program Expenses $516,269

Other Expenses $210,818

TOTAL EXPENSES $519,320

Year-over-Year Comparison

	2023	2022	Change
Revenue	$446,069	$604,138	-0.3%
Expenses	$519,320	$702,427	-0.3%
Net Income	$-73,251	$-98,289	-0.3%

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

$70,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KERRY RICHMOND	EXECUTIVE DI	40.00	Director	$70,000	$0	$70,000
RALPH HOLT III	CHAIRPERSON	N/A	Officer Director	$0	$0	$0
JAMES STRICKLAND JR	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBERT VELLANI	BOARD MEMBER	N/A	Director	$0	$0	$0
BRANDON WILLIAMSON	BOARD MEMBER	N/A	Director	$0	$0	$0
CLEO FAUCETTE	BOARD MEMBER	N/A	Director	$0	$0	$0
SANDRA REID	BOARD MEMBER	N/A	Director	$0	$0	$0
BRYAN BURNEY	BOARD MEMBER	N/A	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	$446,069	$519,320	$1,054,499	$-73,251
2023	$604,138	$702,427	$1,077,537	$-98,289
2022	$797,951	$860,044	$1,162,267	$-62,093
2021	$580,720	$614,820	$1,190,360	$-34,100
2020	$532,499	$512,804	$1,368,875	$19,695
2019	$453,055	$506,830	$1,123,003	$-53,775

POSITIVE ATTITUDE YOUTH CENTER INC