MY XP INC (EIN 822504409) - 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

Tyler Drewitz

Phone

3853515497

Tax Period

2023-01-01 to 2023-12-31

MY XP INC, founded in 2017, is a small nonprofit in the Religion sector that reported $348K in total revenue in fiscal year 2023.

Mission

The organization exists to provide logistical help to local individual churches.While man churches have the ability to hire a full-time executive pastor to oversee the control conduct and maintenance of religious organizations churches and their integral agencies many do not. My XP shall exist to provide remote support for churches in the areas needed as defined by the pastor board of that church.

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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 $4,500

Program Service Revenue $343,112

Investment Income $0

Other Revenue $0

TOTAL REVENUE $347,612

Expense Breakdown

Grants Paid $66,000

Salaries & Benefits $179,845

Fundraising Expenses $0

Program Expenses $351,840

Other Expenses $105,995

TOTAL EXPENSES $351,840

Year-over-Year Comparison

	2023	2022	Change
Revenue	$347,612	$334,092	+0.0%
Expenses	$351,840	$339,091	+0.0%
Net Income	$-4,228	$-4,999	-0.2%

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

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

$8,400

Total Directors

$8,400

Key Employees

$139,811

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tyler Drewitz	Executive Director	50.00	Key Emp Highest	$139,811	$0	$139,811
Ryan Huguley	Director	5.00	Officer Director	$8,400	$0	$8,400
Diane Rivers	Director	0.10	Director	$0	$0	$0
Zachary Sikora	Director	0.10	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	$347,612	$351,840	$57,117	$-4,228
2022	$334,092	$339,091	$54,916	$-4,999
2021	$344,293	$350,323	$73,805	$-6,030
2020	$288,414	$272,186	$57,320	$16,228
2019	$302,429	$302,412	$51,883	$17

MY XP INC