Tomorrows America Foundation Inc (EIN 581346815) - 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

1982

Legal Domicile

Principal Officer

Karen Broome

Phone

8036280000

Tax Period

2024-01-01 to 2024-12-31

Tomorrows America Foundation Inc, founded in 1982, is a small nonprofit that reported $262K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $241K left a modest 8% surplus.

Mission

To conduct youth leadership conferences in North Carolina and South Carolina.

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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 $114,750

Program Service Revenue $120,094

Investment Income $23,682

Other Revenue $3,233

TOTAL REVENUE $261,759

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,006

Fundraising Expenses $0

Program Expenses $226,246

Other Expenses $154,491

TOTAL EXPENSES $241,497

Year-over-Year Comparison

	2024	2023	Change
Revenue	$261,759	$309,864	-0.2%
Expenses	$241,497	$242,189	0.0%
Net Income	$20,262	$67,675	-0.7%

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

Total Directors

$48,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karen Broome	Vice President	30.00	Director	$27,000	$0	$27,000
Michael Broome	President	1.00	Director	$21,000	$0	$21,000
Sheila Triplett-Brady	Director	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	$261,759	$241,497	$718,406	$20,262
2023	No data	No data	No data	No data
2021	$179,667	$165,348	$658,061	$14,319
2020	$94,853	$118,285	$537,687	$-23,432
2019	$259,544	$276,677	$505,660	$-17,133
2018	$240,123	$243,609	$443,379	$-3,486

Tomorrows America Foundation Inc