SAGE FINANCIAL SOLUTIONS INC (EIN 562591517) - 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

2005

Legal Domicile

Phone

4154137243

Tax Period

2023-01-01 to 2023-12-31

SAGE FINANCIAL SOLUTIONS INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $763K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $694K left a modest 9% surplus.

Mission

SAGE FINANCIAL SOLUTIONS (SFS) BRIDGES THE GAP BETWEEN FINANCIAL SERVICES PROFESSIONS AND LOW-WEALTH COMMUNITIES. WE BELIEVE THAT EVERYONE NEEDS AND DESERVES ACCESS TO COMPETENT, ETHICAL FINANCIAL SERVICES AND SO WE PROVIDE SUPPORT TO COMMUNITY BASED ORGANIZATIONS (CBOS) AND FINANCIAL LIFE SKILLS PROGRAMS FOR LOW-WEALTH INDIVIDUALS.

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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 $0

Program Service Revenue $763,063

Investment Income $16

Other Revenue $0

TOTAL REVENUE $763,079

Expense Breakdown

Grants Paid $0

Salaries & Benefits $171,203

Fundraising Expenses $0

Program Expenses $447,774

Other Expenses $523,078

TOTAL EXPENSES $694,281

Year-over-Year Comparison

	2023	2022	Change
Revenue	$763,079	$642,593	+0.2%
Expenses	$694,281	$623,693	+0.1%
Net Income	$68,798	$18,900	+2.6%

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

N/A

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

$148,000

Total Directors

$148,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAUNDRA D DAVIS	President & CEO	40.00	Officer Director	$148,000	$0	$148,000
SARITA EVANS	Chairman	2.00	Director	$0	$0	$0
HOLLY GILLIAN-KENDEL CFP CLU	Treasurer	2.00	Director	$0	$0	$0
LUCIA MATTOX	Director	0.00	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	$763,079	$694,281	$434,507	$68,798
2022	$642,593	$623,693	$432,926	$18,900
2021	$393,641	$673,690	$362,828	$-280,049
2020	$930,161	$662,313	$658,091	$267,848
2019	$858,454	$672,541	$213,037	$185,913
2018	$338,602	$340,949	$12,636	$-2,347

SAGE FINANCIAL SOLUTIONS INC