YOUNG PHILOSOPHERS SOCIETY INC (EIN 812686100) - 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

KAREN REID

Phone

8504963767

Tax Period

2024-01-01 to 2024-12-31

YOUNG PHILOSOPHERS SOCIETY INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $536K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE ENRICHMENT OPPORTUNITIES FOR PEOPLE OF ALL AGES AND LEARNING ABILITIES THROUGH CLASSES AND CREATIVE ACTIVITIES IN THE AREAS OF ART, MUSIC, ACADEMIA, VOCATION AND ENTERTAINMENT.

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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 $161,233

Program Service Revenue $374,725

Investment Income $45

Other Revenue $0

TOTAL REVENUE $536,003

Expense Breakdown

Grants Paid $0

Salaries & Benefits $415,522

Fundraising Expenses $0

Program Expenses $549,941

Other Expenses $137,474

TOTAL EXPENSES $552,996

Year-over-Year Comparison

	2024	2023	Change
Revenue	$536,003	$685,944	-0.2%
Expenses	$552,996	$669,637	-0.2%
Net Income	$-16,993	$16,307	-2.0%

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

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

$73,010

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN M REID	PRESIDENT	8.00	Officer Director	$0	$0	$0
SEAN C REID	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
ASHLEY BROWN	SECRETARY	3.00	Officer Director	$0	$0	$0
ALEXANDRA FULLER	TREASURER	2.00	Officer Director	$0	$0	$0
BRANDI HOOK	BOARD MEMBER	2.00	Director	$0	$0	$0
KAYLA CHEVANNES	BOARD MEMBER	2.00	Director	$0	$0	$0
ISABEL PORREDON	BOARD MEMBER/DIRECTOR OF E	40.00	Director	$66,080	$6,930	$73,010
EDWARD BURNS	BOARD MEMBER	2.00	Director	$0	$0	$0
LYLEE DODSON	BOARD MEMBER	2.00	Director	$0	$0	$0
JULIA STARR	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	$536,003	$552,996	$32,480	$-16,993
2023	$685,944	$669,637	$19,650	$16,307
2022	$886,814	$779,154	$3,343	$107,660
2021	$903,631	$854,680	$29,328	$48,951
2020	$370,252	$581,502	$13,400	$-211,250
2019	$118,023	$118,588	$76,572	$-565

YOUNG PHILOSOPHERS SOCIETY INC