THOM-BOY PROJECT (EIN 815013502) - 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

2017

Legal Domicile

Principal Officer

Tami Herman

Phone

9717044588

Tax Period

2024-01-01 to 2024-12-31

THOM-BOY PROJECT, founded in 2017, is a small nonprofit that reported $373K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

To assist clients who are recipients of Social Security, SSI, Railroad and Veterans benefits by acting as their representative payee to ensure they are able to pay for housing, food and other basic living expenses.

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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 $47,591

Program Service Revenue $323,918

Investment Income $0

Other Revenue $1,863

TOTAL REVENUE $373,372

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $328,592

Other Expenses $364,600

TOTAL EXPENSES $364,600

Year-over-Year Comparison

	2024	2023	Change
Revenue	$373,372	$310,245	+0.2%
Expenses	$364,600	$305,538	+0.2%
Net Income	$8,772	$4,707	+0.9%

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

N/A

Independent Members

N/A

Employees

N/A

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
Tami Herman	Executive Director	60	Officer Director	$0	$0	$0
Tayler Thompson	President	0	Officer	$0	$0	$0
Colleen Browne	Treasurer	40	Officer	$0	$0	$0
Sharon Booth	Secretary	0	Officer	$0	$0	$0
James Miller	Chief Operating Officer	40	Officer	$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	$373,372	$364,600	$8,293,652	$8,772
2023	$310,245	$305,538	$6,671,554	$4,707
2022	$242,333	$234,615	$12,336	$7,718

THOM-BOY PROJECT