Fostering Youth Independence (EIN 821034101) - 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

Phone

6613601500

Tax Period

2023-01-01 to 2023-12-31

Fostering Youth Independence, founded in 2017, is a small nonprofit in the Youth Development sector that reported $336K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $309K left a modest 8% surplus.

Mission

FYI provided case management, mentorship and guidance to 100 youth aging out of the foster care system.

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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 $335,753

Program Service Revenue $0

Investment Income $13

Other Revenue $0

TOTAL REVENUE $335,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $210,344

Fundraising Expenses $1,247

Program Expenses $306,240

Other Expenses $98,393

TOTAL EXPENSES $308,737

Year-over-Year Comparison

	2023	2022	Change
Revenue	$335,766	$260,167	+0.3%
Expenses	$308,737	$172,416	+0.8%
Net Income	$27,029	$87,751	-0.7%

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

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

$62,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carolyn Olsen	Treasurer	40.00	Officer	$62,000	$0	$62,000
Katy Williams	Director	1.00	Director	$0	$0	$0
Holly Thompson	Director	1.00	Director	$0	$0	$0
Karen Benavides-Chavez	Director	1.00	Director	$0	$0	$0
Linda Teeter	Director	1.00	Director	$0	$0	$0
Lois Bauccio	Director	1.00	Director	$0	$0	$0
Scott Shepard	Director	1.00	Director	$0	$0	$0
Julie Benson Krumrine	Secretary	1.00	Officer	$0	$0	$0
Stephen Snow	Chairman	1.00	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	No data	No data	No data	No data
2023	$335,766	$308,737	$284,131	$27,029
2022	$260,167	$172,416	$253,785	$87,751

Fostering Youth Independence