SOLO PARENT SOCIETY (EIN 821112575) - 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

Tax Period

2023-01-01 to 2023-12-31

SOLO PARENT SOCIETY, founded in 2017, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 452% from the prior year, signaling strong growth momentum. The organization ran a surplus of $611K, a strong 44% operating margin.

Mission

Supporting solo parents single parents by way of never have been married divorced or widowed with raising healthy children

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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 $1,362,614

Program Service Revenue $0

Investment Income $8,813

Other Revenue $8,720

TOTAL REVENUE $1,380,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,320

Fundraising Expenses $130,761

Program Expenses $433,592

Other Expenses $640,581

TOTAL EXPENSES $768,901

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,380,147	$250,167	+4.5%
Expenses	$768,901	$207,190	+2.7%
Net Income	$611,246	$42,977	+13.2%

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

$113,320

Total Directors

$113,320

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Beeson	CEO	40.00	Officer Director	$111,417	$1,903	$113,320
David Farmer	COO	15.00	Director	$0	$0	$0
Robert Noland	Vice President	5.00	Director	$0	$0	$0
Brent Gray	Secretary	5.00	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	$1,380,147	$768,901	$784,303	$611,246
2023	$1,380,147	$768,901	$784,303	$611,246
2023	$1,346,201	$746,306	$786,753	$599,895
2022	$250,167	$294,420	$164,515	$-44,253
2021	$354,438	$207,326	$208,768	$147,112

SOLO PARENT SOCIETY