SOLID FOUNDATION YOUTH OUTREACH INC (EIN 770617835) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

STEVEN WOLFE

Phone

9733064687

Tax Period

2023-10-01 to 2024-09-30

SOLID FOUNDATION YOUTH OUTREACH INC, founded in 2003, is a small nonprofit in the Youth Development sector that reported $368K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $529K exceeded revenue, resulting in a 44% operating deficit.

Mission

SOLID OFFERS EMPOWERING PROGRAMS THAT INSPIRE, CONNECT AND SUPPORT YOUNG PEOPLE TO MAXIMIZE THEIR POTENTIAL AND EQUIP THEM TO RADICALLY IMPACT THEIR COMMUNITY AND BEYOND.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $368,306

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $368,306

Expense Breakdown

Grants Paid $0

Salaries & Benefits $277,747

Fundraising Expenses $768

Program Expenses $489,208

Other Expenses $251,545

TOTAL EXPENSES $529,292

Year-over-Year Comparison

	2023	2022	Change
Revenue	$368,306	$455,569	-0.2%
Expenses	$529,292	$255,882	+1.1%
Net Income	$-160,986	$199,687	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$77,577

Total Directors

$77,577

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN WOLFE	EXECUTIVE DI	40.00	Officer Director	$77,577	$0	$77,577
JASON ROMINE	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
JONATHAN SPOELSTRA	SECRETARY	2.00	Officer Director	$0	$0	$0
DENNIS MCGRATH	TREASURER	2.00	Officer Director	$0	$0	$0
MARQUES JOHNSON	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDREA SMITH-MORGAN	BOARD MEMBER	2.00	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	$368,306	$529,292	$113,340	$-160,986
2023	$455,569	$255,882	$208,622	$199,687
2022	$290,431	$309,204	$7,867	$-18,773
2019	$228,064	$226,275	$12,564	$1,789

SOLID FOUNDATION YOUTH OUTREACH INC