Starting Over Enterprises Inc (EIN 650599099) - 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

1995

Legal Domicile

Principal Officer

Susan Bain

Phone

9543259692

Tax Period

2023-07-01 to 2024-06-30

Starting Over Enterprises Inc, founded in 1995, is a small nonprofit in the Human Services sector that reported $907K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

We operate a state of the art cabinet shop including job training, rehabilatation & housing. The proceeds help fund the homeless shelter in Fort Lauderdale, FL. We trained 38 individuals & had offers of job placement.

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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 $534,607

Program Service Revenue $372,369

Investment Income $0

Other Revenue $0

TOTAL REVENUE $906,976

Expense Breakdown

Grants Paid $1,108

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $882,900

Other Expenses $905,868

TOTAL EXPENSES $906,976

Year-over-Year Comparison

	2023	2022	Change
Revenue	$906,976	$639,901	+0.4%
Expenses	$906,976	$788,088	+0.2%
Net Income	$0	$-148,187	-1.0%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Susan Bain	President	60.00	Director	$0	$0	$0
Adam Truax	Director	10.00	Officer Director	$0	$0	$0
James Fitzgerald	Secretary	10.00	Officer Director	$0	$0	$0
Mary Falco	Vice President	10.00	Officer 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
2025	No data	No data	No data	No data
2024	$906,976	$906,976	$1,580,113	No data
2023	$639,901	$788,088	$1,659,889	$-148,187
2022	$913,843	$909,743	$1,558,823	$4,100
2021	$924,555	$484,533	$1,537,296	$440,022
2020	$602,583	$559,608	$94,622	$42,975
2019	$541,413	$567,081	$180,027	$-25,668
2018	$520,506	$576,796	$258,221	$-56,290

Starting Over Enterprises Inc