THE ASKINOSIE FOUNDATION (EIN 824109289) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

MELISSA GELNER

Phone

4178629900

Tax Period

2023-01-01 to 2023-12-31

THE ASKINOSIE FOUNDATION, founded in 2018, is a small nonprofit in the Youth Development sector that reported $209K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $245K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MISSION AND PRINCIPAL PURPOSE OF THE FOUNDATION SHALL BE TO EMPOWER YOUTH, FAMILIES, AND COMMUNITIES WITH THE TOOLS AND CONFIDENCE THEY NEED TO ACHIEVE THEIR HIGHEST GOALS AND POTENTIAL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $207,663

Program Service Revenue $0

Investment Income $1,283

Other Revenue $0

TOTAL REVENUE $208,946

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,768

Fundraising Expenses $0

Program Expenses $229,198

Other Expenses $200,700

TOTAL EXPENSES $245,468

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,946	$167,749	+0.2%
Expenses	$245,468	$153,829	+0.6%
Net Income	$-36,522	$13,920	-3.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$39,771

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA GELNER	EXECUTIVE DI	10.00	Officer	$39,771	$0	$39,771
LAWREN ASKINOSIE	MEMBER	1.00	Director	$0	$0	$0
SHAWN ASKINOSIE	MEMBER & FOU	1.00	Officer Director	$0	$0	$0
EMANUEL CHIKOTI	SECRETARY	1.00	Officer Director	$0	$0	$0
DONITA COX	MEMBER	1.00	Director	$0	$0	$0
TAYLOR CURTIS	MEMBER	1.00	Director	$0	$0	$0
ERIC HANSEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
KURT HELLWEG	MEMBER	1.00	Director	$0	$0	$0
JOE JOHNSON	MEMBER	1.00	Director	$0	$0	$0
VIOLET LEONARD	MEMBER	1.00	Director	$0	$0	$0
TOM PRATER	TREASURER	1.00	Officer 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	$208,946	$245,468	$86,582	$-36,522

THE ASKINOSIE FOUNDATION