YOUTH BENEFIT INC ATTN WALLACE VERNON (EIN 742194690) - 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

1980

Legal Domicile

Principal Officer

WALLACE VERNON

Phone

8888555024

Tax Period

2022-01-01 to 2022-12-31

YOUTH BENEFIT INC ATTN WALLACE VERNON, founded in 1980, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $4K in total revenue in fiscal year 2022. Revenue fell 108% from the prior year — a significant decline worth monitoring.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR YOUTH AND THEIR FAMILIES IN THE AREA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $429

Other Revenue $-4,246

TOTAL REVENUE $-3,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $923

TOTAL EXPENSES $923

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-3,817	$46,763	-1.1%
Expenses	$923	$46,869	-1.0%
Net Income	$-4,740	$-106	+43.7%

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

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
GLENN GRANDY	PRESIDENT	5.00	Officer Director	$0	$0	$0
WILLIAM VERNON	TREASURER	5.00	Officer Director	$0	$0	$0
KEITH FOGLE	SECRETARY	5.00	Officer Director	$0	$0	$0
MI JARRETT	VICE PRESIDENT	5.00	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	No data	No data	No data	No data
2022	$-3,817	$923	$40,583	$-4,740
2021	$46,763	$46,869	$27,603	$-106
2020	$38,603	$44,375	$27,709	$-5,772
2020	$45,314	$44,375	$34,420	$939
2019	$71,096	$70,575	$33,481	$521
2018	$105,891	$110,767	$32,960	$-4,876

YOUTH BENEFIT INC ATTN WALLACE VERNON