FOUNDATIONS FOR FAMILIES INC (EIN 562539623) - 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

2007

Legal Domicile

Principal Officer

DINESSA R SOLOMON

Phone

6143422121

Tax Period

2024-01-01 to 2024-12-31

FOUNDATIONS FOR FAMILIES INC, founded in 2007, is a small nonprofit in the Human Services sector that reported $156K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE SUPPORT FOR INDIVIDUALS AND FAMILIES IN ORDER TO CREATE HEALTHY RESILIENT RELATIONSHIPS AND LIFESTYLES IN CENTRAL OHIO COMMUNITIES.

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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 $154,798

Program Service Revenue $1,375

Investment Income $0

Other Revenue $0

TOTAL REVENUE $156,173

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,095

Fundraising Expenses $0

Program Expenses $166,244

Other Expenses $138,452

TOTAL EXPENSES $166,547

Year-over-Year Comparison

	2024	2023	Change
Revenue	$156,173	$130,418	+0.2%
Expenses	$166,547	$120,831	+0.4%
Net Income	$-10,374	$9,587	-2.1%

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

$28,095

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DINESSA R SOLOMON	EXECUTIVE DI	10.00	Officer	$28,095	$0	$28,095
CLYDE D SALES	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
DR ANTIONIO PHILLIPS	MEMBER	1.00	Director	$0	$0	$0
JAMES WYNN	MEMBER	1.00	Director	$0	$0	$0
ROBERT L SOLOMON II	MEMBER	1.00	Director	$0	$0	$0
KANIKA GLOVER	MEMBER	1.00	Director	$0	$0	$0
ANDREA FLOWERS	MEMBER	1.00	Director	$0	$0	$0
RUSSELL MARZETTE	MEMBER	1.00	Director	$0	$0	$0
DR JOYCE ESTES PHD	MEMBER	1.00	Director	$0	$0	$0
CALEB DILLINGER	MEMBER	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	$156,173	$166,547	$8,243	$-10,374
2023	$130,418	$120,831	$13,617	$9,587
2022	$91,980	$104,405	$4,030	$-12,425

FOUNDATIONS FOR FAMILIES INC