Mothers Raising Sons Inc TM (EIN 582488410) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Principal Officer

Lisa Norwood

Tax Period

2023-01-01 to 2023-12-31

Mothers Raising Sons Inc TM is a small nonprofit in the Youth Development sector that reported $546K in total revenue in fiscal year 2023. Expenses of $475K left a modest 13% surplus.

Mission

Mothers Raising Sons, Inc. mission: Establish the Needs! Educate Minds! Enthuse Godly Talents, Gifts & Abilities! Empower Purposes! MRS provides proper guidance for positive family structure and the children with the foundation, structure and independence needed to achieve their potential of becoming productive and successful adults for their family and community.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $545,551

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $545,551

Expense Breakdown

Grants Paid $0

Salaries & Benefits $390,432

Fundraising Expenses $0

Program Expenses $419,213

Other Expenses $84,438

TOTAL EXPENSES $474,870

Year-over-Year Comparison

	2023	2022	Change
Revenue	$545,551	N/A	N/A
Expenses	$474,870	N/A	N/A
Net Income	$70,681	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

$143,988

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lisa Norwood	Chairman	40.00	Director	$57,000	$0	$57,000
Conrad Norwood	Trustee	40.00	Director	$42,960	$0	$42,960
Deborah Jasmin	Controller	40.00	Director	$20,988	$0	$20,988
Dr Jaquia Bridges	Trustee	40.00	Director	$19,440	$0	$19,440
Thaddaeus Smith	Treasurer	10.00	Director	$3,600	$0	$3,600
Dr Tennille Leak-Johnson	Secretary	40.00	Director	$0	$0	$0
Carolina Hernandez	Director	40.00	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	$545,551	$474,870	$84,062	$70,681
2022	$332,644	$352,060	$7,628	$-19,416

Mothers Raising Sons Inc TM