TRUSUCCESS INC (EIN 562625392) - 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

ARTHUR GARNER JR

Phone

6169775900

Tax Period

2021-01-01 to 2021-12-31

TRUSUCCESS INC, founded in 2006, is a small nonprofit that reported $419K in total revenue in fiscal year 2021. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $372K left a modest 11% surplus.

Mission

TRUESUCCESS IS HELPING REVERSE THE CULTURE'S CHARACTER CRISIS BY INSPIRING KIDS WITH CHARACTER THAT UNLEASHES THEIR POTENTIAL IN SCHOOL, WORK AND LIFE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $171,964

Program Service Revenue $246,694

Investment Income $0

Other Revenue $0

TOTAL REVENUE $418,658

Expense Breakdown

Grants Paid $0

Salaries & Benefits $233,447

Fundraising Expenses $16,093

Program Expenses $337,440

Other Expenses $138,643

TOTAL EXPENSES $372,090

Year-over-Year Comparison

	2021	2020	Change
Revenue	$418,658	$293,108	+0.4%
Expenses	$372,090	$515,334	-0.3%
Net Income	$46,568	$-222,226	-1.2%

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

$257,009

Total Directors

$257,009

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM R HENEVELD SR	FOUNDER/TREA	25.00	Officer Director	$88,797	$0	$88,797
JAMES MITCHELL	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
AUSTIN RIEBEL	DIRECTR END	45.00	Officer Director	$91,155	$0	$91,155
ARTHUR GARNER JR	PRESIDENT	45.00	Officer Director	$77,057	$0	$77,057
CYNTHIA PECK	DIRECTOR	0.50	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
2021	$418,658	$372,090	$151,051	$46,568
2020	$293,108	$515,334	$230,073	$-222,226
2019	$629,971	$412,301	$404,237	$217,670
2018	$401,833	$399,513	$190,889	$2,320

TRUSUCCESS INC