HONEYS LEGACY INC (EIN 822674811) - 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

Kimberly Hicks

Phone

3147618424

Tax Period

2019-01-01 to 2019-12-31

HONEYS LEGACY INC, founded in 2017, is a small nonprofit that reported $368K in total revenue in fiscal year 2019. Revenue surged 72% from the prior year, signaling strong growth momentum.

Mission

Organization formed exclusively for charitable, religious, educational, and scientific teams by ensuring children have access to nutritious food.

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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 (2019)

Revenue Breakdown

Contributions & Grants $368,381

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $368,381

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,467

Fundraising Expenses $0

Program Expenses $363,442

Other Expenses $299,975

TOTAL EXPENSES $363,442

Year-over-Year Comparison

	2019	2018	Change
Revenue	$368,381	$214,357	+0.7%
Expenses	$363,442	$230,008	+0.6%
Net Income	$4,939	$-15,651	-1.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kimberly Hicks	Director	30	Director	$0	$0	$0
Norman Owens	Director	5	Director	$0	$0	$0
Kelly Griffin	Director	5	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
2019	$368,381	$363,442	$29,288	$4,939
2018	$214,357	$230,008	$24,349	$-15,651

HONEYS LEGACY INC