TASTE WISE KIDS INC (EIN 810772024) - 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

2015

Legal Domicile

Principal Officer

SALINA DUNCAN

Phone

4105929257

Tax Period

2024-01-01 to 2024-12-31

TASTE WISE KIDS INC, founded in 2015, is a small nonprofit in the Youth Development sector that reported $211K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $49K, a strong 23% operating margin.

Mission

TO INSPIRE KINDS TO EXPLORE AND EXPERIENCE THE WORLD OF FOOD AND ITS SOURCES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $213,328

Program Service Revenue $0

Investment Income $3

Other Revenue $-1,883

TOTAL REVENUE $211,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,805

Fundraising Expenses $18,297

Program Expenses $119,021

Other Expenses $31,942

TOTAL EXPENSES $162,747

Year-over-Year Comparison

	2024	2023	Change
Revenue	$211,448	$132,578	+0.6%
Expenses	$162,747	$147,929	+0.1%
Net Income	$48,701	$-15,351	-4.2%

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

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

$70,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMBER PERRY	PRESIDENT	3.00	Officer Director	$0	$0	$0
NEAL CROWLEY	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
MICHAEL ABBOUD	TREASURER	3.00	Officer Director	$0	$0	$0
KIMBERLY BARKER	SECRETARY	3.00	Officer Director	$0	$0	$0
TELA BOONE-HURTE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
TONYA THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL JOYNER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT HOFFMANN	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE ESTELLE	DIRECTOR	1.00	Director	$0	$0	$0
SALINA DUNCAN	EXECUTIVE DIRECTOR	40.00	Officer	$70,000	$0	$70,000

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	$211,448	$162,747	$93,129	$48,701

TASTE WISE KIDS INC