SIBS PLACE INC (EIN 813485876) - 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

Phone

5166323965

Tax Period

2024-01-01 to 2024-12-31

SIBS PLACE INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $415K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $622K exceeded revenue, resulting in a 50% operating deficit.

Mission

SIBS PLACE, INC. IS A FREE THERAPEUTIC PROGRAM THAT SERVES CHILDREN AGES 5-17 WHO ARE LIVING WITH A SIBLING WITH CANCER, OR ANOTHER DEVASTATING ILLNESS, OR A PARENT WITH CANCER.

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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 $414,546

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $414,546

Expense Breakdown

Grants Paid $0

Salaries & Benefits $344,219

Fundraising Expenses $49,950

Program Expenses $562,104

Other Expenses $277,497

TOTAL EXPENSES $621,716

Year-over-Year Comparison

	2024	2023	Change
Revenue	$414,546	$377,150	+0.1%
Expenses	$621,716	$617,838	+0.0%
Net Income	$-207,170	$-240,688	-0.1%

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

$867,966

Total Directors

$867,966

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE SCHIEREN	CO-SECRETARY	1.0	Officer Director	$0	$0	$0
JOANNA FORMONT	EXECUTIVE DIRECTOR	36.5	Officer Director	$0	$41,683	$123,388
JOHN POHLMAN	SVP, COO/CFO/TREASURER	1.0	Officer Director	$0	$58,416	$744,578
JOSHUA ABRAMS	BOARD MEMBER	1.0	Officer Director	$0	$0	$0
LOWELL FREY	PRESIDENT	1.0	Officer Director	$0	$0	$0
MARK BARON	VICE-PRESIDENT	1.0	Officer Director	$0	$0	$0
WILLIAM DUBIN	CO-SECRETARY	1.0	Officer Director	$0	$0	$0
ARLENE BASNER	BOARD MEMBER	1.0	Director	$0	$0	$0
DAVID HARRISON	BOARD MEMBER	1.0	Director	$0	$0	$0
DR JOSHUA KUGLER	BOARD MEMBER	1.0	Director	$0	$0	$0
FELICIA SINGH	BOARD MEMBER	1.0	Director	$0	$0	$0
JOAN PERKELL	BOARD MEMBER	1.0	Director	$0	$0	$0
JOE IORIO	BOARD MEMBER	1.0	Director	$0	$0	$0
JUDITH HOROWITZ	BOARD MEMBER	1.0	Director	$0	$0	$0
MICHAEL SCHAMROTH	BOARD MEMBER	1.0	Director	$0	$0	$0
PETER BREITSTONE	BOARD MEMBER	1.0	Director	$0	$0	$0
STEVEN GOLD	BOARD MEMBER	1.0	Director	$0	$0	$0
SUZANNE KORNBLATT	BOARD MEMBER	1.0	Director	$0	$0	$0
TARA BELFI	BOARD MEMBER	1.0	Director	$0	$0	$0
VICTOR HOROWITZ	BOARD MEMBER	1.0	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	$414,546	$621,716	$2,398,231	$-207,170
2023	$377,150	$617,838	$2,757,750	$-240,688
2022	$407,091	$632,268	$2,530,050	$-225,177
2021	$1,181,360	$506,879	$2,102,501	$674,481
2020	$533,832	$286,258	$992,496	$247,574
2019	$294,294	$305,027	$464,577	$-10,733
2018	$346,847	$363,225	$99,568	$-16,378

SIBS PLACE INC