SUCCESS INSTITUTE (EIN 811334024) - 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

2016

Legal Domicile

Principal Officer

FATAH A ABDI

Phone

6129780760

Tax Period

2024-01-01 to 2024-12-31

SUCCESS INSTITUTE, founded in 2016, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024. Expenses of $3.5M exceeded revenue, resulting in a 51% operating deficit.

Mission

WE HELP PROTECT AND EMPOWER YOUTH AT RISK.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,319,654

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,319,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,122,342

Fundraising Expenses $0

Other Expenses $2,389,308

TOTAL EXPENSES $3,511,650

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,319,654	$2,198,356	+0.1%
Expenses	$3,511,650	$2,352,889	+0.5%
Net Income	$-1,191,996	$-154,533	+6.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AHMED ABDIRAHMAN	CHAIRMAN	N/A	Director	$0	$0	$0
IBRAHIM ALI	VICE CHAIRMAN	N/A	Director	$0	$0	$0
ABDIRAHMAN HASSAN	SECRETARY/TREASURER	N/A	Director	$0	$0	$0
FATAH ABDI	EXECUTIVE DIRECTOR	040.00	Officer Key Emp	$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	$2,319,654	$3,511,650	$863,072	$-1,191,996
2023	$2,198,356	$2,352,889	$1,635,490	$-154,533
2022	$2,143,741	$2,602,505	$1,847,667	$-458,764
2021	$10,461,051	$9,004,451	$4,847,491	$1,456,600
2020	$4,353,040	$3,527,540	$1,766,984	$825,500
2019	$676,718	$644,262	$141,925	$32,456

SUCCESS INSTITUTE