Elpis Enterprises (EIN 562318910) - 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

2002

Legal Domicile

Principal Officer

Paul Ramsour

Phone

6516445080

Tax Period

2023-01-01 to 2023-12-31

Elpis Enterprises, founded in 2002, is a small nonprofit in the Human Services sector that reported $657K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $735K exceeded revenue, resulting in a 12% operating deficit.

Mission

Fostering youth employment and career pathway building through social enterprise.

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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 $452,129

Program Service Revenue $0

Investment Income $1,000

Other Revenue $203,810

TOTAL REVENUE $656,939

Expense Breakdown

Grants Paid $1,595

Salaries & Benefits $561,247

Fundraising Expenses $14,744

Program Expenses $624,950

Other Expenses $167,125

TOTAL EXPENSES $735,067

Year-over-Year Comparison

	2023	2022	Change
Revenue	$656,939	$482,362	+0.4%
Expenses	$735,067	$591,206	+0.2%
Net Income	$-78,128	$-108,844	-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

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

$74,716

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tim Dyrhaug	Chairman	1.00	Officer Director	$0	$0	$0
Hannah Hugen	Treasurer	1.00	Officer Director	$0	$0	$0
Nicola Nici Giusti	Secreatary	1.00	Officer Director	$0	$0	$0
Aneesha Kelly	Director	1.00	Director	$0	$0	$0
Marney Thomas	Director	1.00	Director	$0	$0	$0
Robert Torgerson	Director	1.00	Director	$0	$0	$0
Nikeya Sargent	Director	1.00	Director	$0	$0	$0
Johnathan Johnson	Director	1.00	Director	$0	$0	$0
Tony Zirnhelt	Director	1.00	Director	$0	$0	$0
Paul Ramsour	Executive Director	40.00	Officer	$74,716	$0	$74,716

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	$656,939	$735,067	$226,622	$-78,128
2022	$482,362	$591,206	$287,555	$-108,844
2021	$664,269	$536,655	$399,230	$127,614
2020	$610,272	$485,398	$267,486	$124,874
2019	$399,631	$443,919	$174,267	$-44,288
2018	$464,103	$422,663	$199,736	$41,440

Elpis Enterprises