FOR THE NEED FOUNDATION (EIN 810657985) - 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

2004

Legal Domicile

Principal Officer

Myan Spaccarelli

Phone

8053405110

Tax Period

2025-01-01 to 2025-12-31

FOR THE NEED FOUNDATION, founded in 2004, is a small nonprofit in the Human Services sector that reported $436K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. Expenses of $398K left a modest 9% surplus.

Mission

TO PROVIDE A FOUNDATION FOR UNDERPRIVILEGED YOUTH TO OVERCOME LIFES DIFFICULT CHALLENGES DISCOVER OPPORTUNITY AND REALIZE THEIR OWN UNIQUE 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 (2025)

Revenue Breakdown

Contributions & Grants $350,251

Program Service Revenue $0

Investment Income $76,048

Other Revenue $9,535

TOTAL REVENUE $435,834

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $147,454

Fundraising Expenses $5,064

Program Expenses $290,036

Other Expenses $235,905

TOTAL EXPENSES $398,359

Year-over-Year Comparison

	2025	2024	Change
Revenue	$435,834	$461,462	-0.1%
Expenses	$398,359	$331,451	+0.2%
Net Income	$37,475	$130,011	-0.7%

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

Volunteers

187

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

$90,881

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYAN SPACCARELLI	CEO - PRESIDENT	2.00	Officer Director	$0	$0	$0
VIVIANA SPACCARELLI	COO	2.00	Officer Director	$0	$0	$0
DANIEL SPACCARELLI	DIRECTOR	0.50	Director	$0	$0	$0
DAWN JOHNSON	CFO - SECRETARY	2.00	Officer	$0	$0	$0
ALLIE SPACCARELLI	DIRECTOR	40.00	Key Emp	$90,881	$0	$90,881

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
2025	$435,834	$398,359	$512,092	$37,475
2024	No data	No data	No data	No data
2023	$480,016	$379,596	$406,667	$100,420
2021	$362,158	$204,112	$426,497	$158,046

FOR THE NEED FOUNDATION