JOY TO THE WORLD FOUNDATION (EIN 721551621) - 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

2003

Legal Domicile

Principal Officer

JAY HADDIX

Phone

7192601173

Tax Period

2023-01-01 to 2023-12-31

JOY TO THE WORLD FOUNDATION, founded in 2003, is a community nonprofit in the Human Services sector that reported $8.3M in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum.

Mission

INDIVIDUALS, WHO HAVE BEEN BLESSED FINANCIALLY, CAN ACCOMPLISH THEIR CHARITABLE OBJECTIVES IN THE AREAS OF RELIGIOUS, SCIENTIFIC, HEALTH, EDUCATION AND BENEVOLENCE THROUGH THE FOUNDATION.

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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 $7,961,566

Program Service Revenue $288,638

Investment Income $86,767

Other Revenue $0

TOTAL REVENUE $8,336,971

Expense Breakdown

Grants Paid $24,066

Salaries & Benefits $302,317

Fundraising Expenses $0

Program Expenses $7,891,659

Other Expenses $7,961,403

TOTAL EXPENSES $8,287,786

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,336,971	$4,874,657	+0.7%
Expenses	$8,287,786	$5,040,785	+0.6%
Net Income	$49,185	$-166,128	-1.3%

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

$169,986

Total Directors

$157,986

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
V WILLIAM MORITZ	BOARD PRESIDENT	25.00	Officer Director	$60,000	$0	$60,000
EVERETT A WALTERS	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD HAYNIE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE MERRIMAN	DIRECTOR	1.00	Director	$0	$0	$0
JONI STILL	DIRECTOR	1.00	Director	$0	$0	$0
KIM TAKKUNEN	DIRECTOR	1.00	Director	$0	$0	$0
JAY HADDIX	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS STROUP	SECRETARY	40.00	Officer Director	$97,986	$0	$97,986
CHRIS ROSENHAHN	SECRETARY/TREASURER	20.00	Officer	$12,000	$0	$12,000

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	$8,336,971	$8,287,786	$24,780,455	$49,185
2022	$4,874,657	$5,040,785	$19,438,166	$-166,128
2021	$3,692,361	$3,540,531	$17,866,710	$151,830
2021	$4,242,361	$3,540,531	$19,682,188	$701,830
2020	$3,705,648	$3,148,920	$16,765,861	$556,728
2019	$4,579,132	$8,608,992	$15,538,570	$-4,029,860
2018	$8,047,287	$7,599,349	$14,072,559	$447,938

JOY TO THE WORLD FOUNDATION