DESTINY KIDZ CENTER (EIN 753195110) - 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

2005

Legal Domicile

Principal Officer

WANDA NORRIS

Tax Period

2023-01-01 to 2023-12-31

DESTINY KIDZ CENTER, founded in 2005, is a small nonprofit in the Human Services sector that reported $374K in total revenue in fiscal year 2023. Expenses of $452K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO NURTURE AND TEACH YOUNG CHILDERN IN A CHRISTIAN ATMOSPHERE SO THAT THEY MAY REACH THEIR FULL POTENTIAL

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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 $373,878

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $373,878

Expense Breakdown

Grants Paid $0

Salaries & Benefits $294,279

Fundraising Expenses $0

Program Expenses $449,921

Other Expenses $157,731

TOTAL EXPENSES $452,010

Year-over-Year Comparison

	2023	2022	Change
Revenue	$373,878	$375,882	0.0%
Expenses	$452,010	$465,298	0.0%
Net Income	$-78,132	$-89,416	-0.1%

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

$26,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WANDA NORRIS	PRESIDENT	40.00	Officer	$26,000	$0	$26,000
DERRICK MOORE	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
MARTEZ WILLIAMS	DIRECTOR	0.00	Director	$0	$0	$0
ELAINE SIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
MANDY SIMMONS	DIRECTOR	1.00	Officer Director	$0	$0	$0
CHARLES NORRIS	VICE PRESIDENT	5.00	Officer	$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	$373,878	$452,010	$44,578	$-78,132
2022	$375,882	$465,298	$122,710	$-89,416
2021	$586,054	$414,811	$212,126	$171,243
2020	$568,966	$559,673	$40,883	$9,293
2019	$540,709	$528,136	$31,590	$12,573
2018	$448,243	$444,935	$19,017	$3,308

DESTINY KIDZ CENTER