Smile and Using Money Wisely Inc (EIN 621762726) - 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

Formation Year

1998

Legal Domicile

Phone

2162175549

Tax Period

2023-01-01 to 2023-12-31

Smile and Using Money Wisely Inc, founded in 1998, is a mid-sized nonprofit in the Human Services sector that reported $18.4M in total revenue in fiscal year 2023.

Mission

Smile Payee Services provides representative payee, bill payment, and money management services for people receiving government or retirement benefits, work wages, or those who may have need for an alternate payee.

🔒

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 $0

Program Service Revenue $18,370,625

Investment Income $0

Other Revenue $0

TOTAL REVENUE $18,370,625

Expense Breakdown

Grants Paid $17,956,882

Salaries & Benefits $541,754

Fundraising Expenses $0

Program Expenses $17,956,882

Other Expenses $219,252

TOTAL EXPENSES $18,717,888

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,370,625	$17,593,442	+0.0%
Expenses	$18,717,888	$17,029,296	+0.1%
Net Income	$-347,263	$564,146	-1.6%

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

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

$262,000

Total Directors

$262,000

Key Employees

$171,865

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lawrence L Sharp III	CEO-Chairperson	60	Officer Director	$262,000	$0	$262,000
Bridget C Sharp	Co-Chairperson	5	Officer	$0	$0	$0
Mia Sharp	Secretary	5	Officer	$0	$0	$0
Robert J Slaughter III	Co-Chairperson	5	Officer	$0	$0	$0
Simone Gregory	Contract Employee	40	Key Emp	$9,350	$0	$9,350
Katina Johnson	Contract Employee	40	Key Emp	$13,715	$0	$13,715
Linda Mitchell	Employee	40	Key Emp	$53,600	$0	$53,600
John Ward	Contract Employee	40	Key Emp	$45,200	$0	$45,200
Michael Young	Employee	40	Key Emp	$50,000	$0	$50,000

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	$18,370,625	$18,717,888	$4,950,846	$-347,263
2022	$17,593,442	$17,029,296	$5,056,452	$564,146
2021	$17,647,081	$17,126,405	$3,743,051	$520,676
2020	$15,214,943	$14,591,130	$3,180,333	$623,813
2019	$13,914,623	$13,706,636	$2,571,432	$207,987

Smile and Using Money Wisely Inc