FIRST FAMILY ADVENTURES (EIN 562266850) - 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

BRYAN WOLFE

Phone

3367597762

Tax Period

2023-01-01 to 2023-12-31

FIRST FAMILY ADVENTURES, founded in 2001, is a micro nonprofit in the Human Services sector that reported $30 in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $1K exceeded revenue, resulting in a 4220% operating deficit.

Mission

DEVELOP, FOSTER, AND PROMOTE EDUCATIONAL ACTIVITIES AND PROGRAMS AIMED AT BREAKING THE CYCLE OF SPIRITUAL, SOCIAL, AND ECONOMIC POVERTY, PROMOTING POSITIVE COMMUNITY CHANGE, AND FOSTERING IMPROVED RELATIONS BETWEEN PEOPLE LIVING IN AND AROUND THE WINSTON-SALEM, NC COMMUNITY.

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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 $30

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $30

Expense Breakdown

Grants Paid $979

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $979

Other Expenses $317

TOTAL EXPENSES $1,296

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30	$56	-0.5%
Expenses	$1,296	$45,081	-1.0%
Net Income	$-1,266	$-45,025	-1.0%

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

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

$175,520

Total Directors

$175,520

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR BRYAN WOLFE	CHAIR	1.00	Officer Director	$0	$0	$65,000
JANE WALLACE	SECRETARY	1.00	Officer Director	$0	$0	$39,000
TERRI SMITH	TREASURER	1.00	Officer Director	$0	$13,020	$71,520
JONI TSUMAS	DIRECTOR	1.00	Director	$0	$0	$0
AUSTIN BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
MARK IDE	DIRECTOR	1.00	Director	$0	$0	$0
DAVE DOCUSEN	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY DENNIS	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$30	$1,296	$700	$-1,266
2022	$56	$45,081	$1,966	$-45,025
2021	$40,661	$75,049	$46,991	$-34,388
2020	$260,341	$270,408	$81,379	$-10,067
2019	$659,222	$567,776	$91,446	$91,446

FIRST FAMILY ADVENTURES