HUSTLE WINSTON-SALEM (EIN 823510672) - 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

MAGALIE YACINTHE

Phone

3057206384

Tax Period

2023-01-01 to 2023-12-31

HUSTLE WINSTON-SALEM, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $120K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $140K exceeded revenue, resulting in a 16% operating deficit.

Mission

HUSTLE WINSTON-SALEM WORKS TO GROW THE ECONOMY BY ACCELERATING UNDER-REPRESENTED ENTREPRENEURS.

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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 $112,380

Program Service Revenue $8,054

Investment Income $0

Other Revenue $0

TOTAL REVENUE $120,434

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,333

Fundraising Expenses $0

Program Expenses $86,006

Other Expenses $106,580

TOTAL EXPENSES $139,913

Year-over-Year Comparison

	2023	2022	Change
Revenue	$120,434	$144,936	-0.2%
Expenses	$139,913	$126,760	+0.1%
Net Income	$-19,479	$18,176	-2.1%

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

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

$33,333

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET CARLSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JONATHAN MATTHEW WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLIE EASTON	CHAIR	1.00	Officer Director	$0	$0	$0
LEA METZ	BOARD MEMBER	1.00	Director	$0	$0	$0
ALLAN YOUNGER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DARYL SHAW	BOARD MEMBER	1.00	Director	$0	$0	$0
SANTIAGO RAMOS	TREASURER	1.00	Officer Director	$0	$0	$0
MAGALIE YACINTHE	EXECUTIVE DIRECTOR	25.00	Officer	$33,333	$0	$33,333

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
2023	$120,434	$139,913	$40,126	$-19,479
2022	$144,936	$126,760	$59,605	$18,176

HUSTLE WINSTON-SALEM