RESET TO SUCCESS FOUNDATION INC (EIN 562616431) - 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

2006

Legal Domicile

Principal Officer

SULBRENA DAY

Phone

6182136539

Tax Period

2023-01-01 to 2023-12-31

RESET TO SUCCESS FOUNDATION INC, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum.

Mission

TO SUPPORT THE YOUTH AND THE ELDERLY AT RISK WHO ARE FACING SOCIAL ADVERSITY, INDIVIDUALS EXPERIENCING THE CHALLENGE OF TEENAGE PREGNANCY, INDIVIDUALS WHO ARE HIGH SCHOOL DROP OUTS, CHILDREN WHO HAVE PARENTS WITH POOR PARENTING SKILLS, BUILDING EDUCATIONAL/VOCATIONAL TRAINING CLASSES FOR 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 $1,089,930

Program Service Revenue $18,062

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,107,992

Expense Breakdown

Grants Paid $0

Salaries & Benefits $894,365

Fundraising Expenses $16,494

Program Expenses $1,019,080

Other Expenses $206,317

TOTAL EXPENSES $1,100,682

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,107,992	$657,595	+0.7%
Expenses	$1,100,682	$642,762	+0.7%
Net Income	$7,310	$14,833	-0.5%

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

$155,986

Total Directors

$68,411

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONYA O'BANNON	PRESIDENT	4.00	Officer	$27,720	$0	$27,720
DAVID BOERSIG MS	VICE PRESIDE	N/A	Officer	$0	$0	$0
BRIG GENERAL TERRENCE ADAMS	MEMBER	N/A	Director	$0	$0	$0
CAITIE DUMONTIER MS	MEMBER	N/A	Director	$0	$0	$0
ANGELA SCOTT JD	MEMBER	N/A	Director	$0	$0	$0
TIMOTHY LOCKETT MS	MEMBER	N/A	Director	$0	$0	$0
RONALD CARADINE	MEMBER	N/A	Director	$68,411	$0	$68,411
SULBRENA DAY	PROGRAM ADMI	N/A	Officer	$128,266	$0	$128,266

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	$1,107,992	$1,100,682	$59,411	$7,310
2022	$657,595	$642,762	$51,154	$14,833
2021	$351,059	$322,390	$40,198	$28,669
2018	$204,107	$187,910	$27,509	$16,197

RESET TO SUCCESS FOUNDATION INC