I Believe in Me Inc (EIN 822072961) - 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

2023-08-01 to 2024-07-31

I Believe in Me Inc, founded in 2017, is a small nonprofit in the Youth Development sector that reported $291K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring.

Mission

Aim to inspire and challenge youth through mental physical and social activities that fosters self respect and respect for the world around them.

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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 $290,818

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $290,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,549

Fundraising Expenses $8,914

Program Expenses $229,592

Other Expenses $158,905

TOTAL EXPENSES $287,454

Year-over-Year Comparison

	2023	2022	Change
Revenue	$290,818	$554,000	-0.5%
Expenses	$287,454	$436,880	-0.3%
Net Income	$3,364	$117,120	-1.0%

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

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
Erin Roelke	Board Chair	30.00	Officer	$0	$0	$0
Kristina Grissom	Vice Chair	10.00	Officer	$0	$0	$0
Brad Young	Board Member	10.00	Officer	$0	$0	$0
Helen Propheter	Board Member	10.00	Officer	$0	$0	$0
Theresa DeLauter	Board Member	10.00	Officer	$0	$0	$0
Darryl Whitten	Board Member	10.00	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	$290,818	$287,454	$149,727	$3,364
2023	$554,000	$436,880	$370,858	$117,120
2022	$442,704	$408,950	$259,930	$33,754
2021	$402,365	$317,496	$162,566	$84,869
2020	$206,467	$121,019	$93,419	$85,448

I Believe in Me Inc