SHE READY FOUNDATION (EIN 823241992) - 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

2018

Legal Domicile

Principal Officer

TIFFANY HADDISH

Phone

8185069264

Tax Period

2024-01-01 to 2024-12-31

SHE READY FOUNDATION, founded in 2018, is a small nonprofit in the Human Services sector that reported $602K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO PROTECT, PROVIDE RESOURCES, AND ENSURE NORMALCY FOR FOSTER CHILDREN THROUGH SPONSORSHIP, SUITCASES, MENTORING AND COUNSELING.

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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 $591,807

Program Service Revenue $0

Investment Income $10,315

Other Revenue $0

TOTAL REVENUE $602,122

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $509,243

Other Expenses $600,890

TOTAL EXPENSES $600,890

Year-over-Year Comparison

	2024	2023	Change
Revenue	$602,122	$527,751	+0.1%
Expenses	$600,890	$526,831	+0.1%
Net Income	$1,232	$920	+0.3%

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

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
TIFFANY HADDISH	PRESIDENT	1.00	Officer	$0	$0	$0
ELIZABETH KENNEY	TREASURER	1.00	Officer	$0	$0	$0
JACKIE KNOBBE	OFFICER	1.00	Officer	$0	$0	$0
SELENA MARTIN	SECRETARY	1.00	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	$602,122	$600,890	$526,290	$1,232
2023	$527,751	$526,831	$525,058	$920
2022	$279,509	$298,734	$524,138	$-19,225
2021	$426,683	$134,307	$543,363	$292,376
2020	$225,235	$50,407	$250,987	$174,828

SHE READY FOUNDATION