SUN24 INC (EIN 811185327) - 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

2016

Legal Domicile

Principal Officer

KEVIN MCLEAN

Phone

8135053340

Tax Period

2024-01-01 to 2024-12-31

SUN24 INC, founded in 2016, is a small nonprofit in the International Affairs sector that reported $161K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. Expenses of $327K exceeded revenue, resulting in a 103% operating deficit.

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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 $1,771

Program Service Revenue $0

Investment Income $159,446

Other Revenue $0

TOTAL REVENUE $161,217

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $319,745

Other Expenses $325,233

TOTAL EXPENSES $326,733

Year-over-Year Comparison

	2024	2023	Change
Revenue	$161,217	$87,208	+0.8%
Expenses	$326,733	$675,023	-0.5%
Net Income	$-165,516	$-587,815	-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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN MCLEAN	FOUNDER AND PRESIDENT	40.00	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	$161,217	$326,733	$3,256,302	$-165,516
2023	$87,208	$675,023	$2,891,388	$-587,815
2022	$300,613	$367,524	$2,924,849	$-66,911
2021	$279,411	$745,296	$3,719,706	$-465,885
2020	$128,008	$359,143	$3,685,021	$-231,135
2019	$466,090	$556,772	$3,875,528	$-90,682
2018	$1,150,181	$334,917	$3,537,923	$815,264

SUN24 INC