THE SIMS FOUNDATION INC (EIN 742766013) - 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

MARISSA A RIVERA

Phone

5124721008

Tax Period

2023-01-01 to 2023-12-31

THE SIMS FOUNDATION INC, founded in 1995, is a community nonprofit in the Mental Health sector that reported $1.7M in total revenue in fiscal year 2023. The organization ran a surplus of $412K, a strong 24% operating margin.

Mission

SIMS FOUNDATION PROVIDES MENTAL HEALTH AND SUBSTANCE USE RECOVERY SERVICES FOR MUSICIANS, MUSIC INDUSTRY PROFESSIONALS, AND THEIR FAMILIES TO SUPPORT THE WELL-BEING OF THE AUSTIN MUSIC COMMUNITY.

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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 $1,715,267

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,715,267

Expense Breakdown

Grants Paid $536,205

Salaries & Benefits $594,157

Fundraising Expenses $167,311

Program Expenses $997,625

Other Expenses $172,669

TOTAL EXPENSES $1,303,031

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,715,267	$1,588,416	+0.1%
Expenses	$1,303,031	$1,531,993	-0.1%
Net Income	$412,236	$56,423	+6.3%

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

125

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

$105,592

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARISSA A RIVERA	CHAIR	0.25	Officer Director	$0	$0	$0
CLELLAN HYATT	TREASURER	0.25	Officer Director	$0	$0	$0
PAT RICHTER	SECRETARY	0.25	Officer Director	$0	$0	$0
GREG KEILIN	DIRECTOR	0.25	Director	$0	$0	$0
MICAH CLEMENTS	DIRECTOR	0.25	Director	$0	$0	$0
WILL BRIDGES	DIRECTOR	0.25	Director	$0	$0	$0
CK CHIN	DIRECTOR	0.25	Director	$0	$0	$0
ELLEE FLETCHER DURNIAK	DIRECTOR	0.25	Director	$0	$0	$0
DAVID A FLANARY II	DIRECTOR	0.25	Director	$0	$0	$0
PATRICIA LYNN	DIRECTOR	0.25	Director	$0	$0	$0
PAUL OVEISI	DIRECTOR	0.25	Director	$0	$0	$0
ANDREA ANDERSON	DIRECTOR	0.25	Director	$0	$0	$0
ANDI NARVAEZ	DIRECTOR	0.25	Director	$0	$0	$0
COURTNEY SANTANA	DIRECTOR	0.25	Director	$0	$0	$0
CARLOS SOSA	DIRECTOR	0.25	Director	$0	$0	$0
SAVANNAH WELCH	DIRECTOR	0.25	Director	$0	$0	$0
BRANDEE SMITH	DIRECTOR	0.25	Director	$0	$0	$0
GINA WHITTINGTON	DIRECTOR	0.25	Director	$0	$0	$0
PATRICIA DOLAN-BOURESSA	EXECUTIVE DIRECTOR	40.00	Officer	$105,592	$0	$105,592

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	$1,715,267	$1,303,031	$793,463	$412,236
2022	$1,588,416	$1,531,993	$417,534	$56,423
2021	$1,150,853	$1,268,633	$372,546	$-117,780
2020	$766,850	$1,143,948	$479,423	$-377,098
2019	$1,653,000	$1,307,126	$665,613	$345,874
2018	$1,233,282	$1,234,274	$349,199	$-992

THE SIMS FOUNDATION INC