10 TALENTS (EIN 813144647) - 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

NORMAN SCHULZ

Phone

3609277455

Tax Period

2023-01-01 to 2023-12-31

10 TALENTS, founded in 2016, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

10 TALENTS IS A CHRISTIAN CHARITY TO PROVIDE EVANGELISM AND DISCIPLESHIP RESOURCES FOR THE USE NATIONALLY AND INTERNATIONALLY, PROVIDE HUMANITARIAN AID TO THOSE IN NEED, PROVIDE PROGRAMS AND RESOURCES WHICH AID IN EDUCATION OF CHILDREN, YOUTH AND ADULTS, PROVIDE CONSULTATION AND PROFESSIONAL SERVICES FOR CHURCHES AND NONPROFITS AT REDUCED OR NO COST.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,256,877

Program Service Revenue $0

Investment Income $0

Other Revenue $38,766

TOTAL REVENUE $1,295,643

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,000

Fundraising Expenses $263,460

Program Expenses $953,742

Other Expenses $1,341,508

TOTAL EXPENSES $1,383,508

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,295,643	$2,025,057	-0.4%
Expenses	$1,383,508	$1,920,906	-0.3%
Net Income	$-87,865	$104,151	-1.8%

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

$42,000

Total Directors

$42,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORMAN SCHULZ	PRESIDENT	15.00	Officer Director	$0	$42,000	$42,000
JAN-WILLEM BOSMAN	TREASURER	15.00	Officer Director	$0	$0	$0
ZACHARY DEBOER	SECRETARY	1.00	Officer Director	$0	$0	$0
BRENT HAGEN	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE SEIFERT	BOARD MEMBER	1.00	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	No data	No data	No data	No data
2023	$1,295,643	$1,383,508	$387,269	$-87,865
2022	$2,025,057	$1,920,906	$382,464	$104,151
2021	$1,550,611	$1,492,656	$455,077	$57,955
2020	$443,471	$466,697	$229,296	$-23,226
2019	$266,508	$254,745	$134,935	$11,763
2018	$200,807	$145,909	$121,137	$54,898

10 TALENTS