Koinonia Ventures Inc (EIN 821443905) - 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

2024-01-01 to 2024-12-31

Koinonia Ventures Inc, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $353K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $77K, a strong 22% operating margin.

Mission

The purposes of the corporation are as follows: To establish and operate a charitable corporation dedicated to encouraging and supporting young individuals to become entrepreneurs by: i Connecting and introducing such individuals to business owners throughout the United States of America, providing them with the skills necessary to start a small business. ii Providing funds necessary to begin a small business. iii Exposing individuals to new technology that will help them efficiently run a small business. iv Mentoring individuals to help them achieve their goals.

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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 $349,329

Program Service Revenue $0

Investment Income $3,940

Other Revenue $0

TOTAL REVENUE $353,269

Expense Breakdown

Grants Paid $19,155

Salaries & Benefits $82,387

Fundraising Expenses $4,196

Program Expenses $219,145

Other Expenses $174,575

TOTAL EXPENSES $276,117

Year-over-Year Comparison

	2024	2023	Change
Revenue	$353,269	$440,345	-0.2%
Expenses	$276,117	$114,447	+1.4%
Net Income	$77,152	$325,898	-0.8%

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

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
GUIRGUIS TADROS	Director	0.00	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	$353,269	$276,117	$796,166	$77,152
2024	$353,269	$276,117	$796,166	$77,152
2023	$440,345	$114,447	$718,205	$325,898
2022	$181,551	$88,135	$299,576	$93,416

Koinonia Ventures Inc