WE THE BEST FOUNDATION INC (EIN 824131208) - 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

Phone

5164888400

Tax Period

2023-01-01 to 2023-12-31

WE THE BEST FOUNDATION INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $812K in total revenue in fiscal year 2023. Revenue surged 329% from the prior year, signaling strong growth momentum. The organization ran a surplus of $369K, a strong 45% operating margin.

Mission

THE FOUNDATION IS DEDICATED TO ENRICHING THE LIVES OF THE NEXT GENERATION - FROM CHILDHOOD TO ADULTHOOD. THE FOUNDATION SUPPORTS INDIVIDUALS AND ORGANIZATIONS IN UNDERSERVED COMMUNITIES IN EFFORTS THAT AID THEM IN BECOMING THE BEST VERSION OF THEMSELVES BY MAKING THEIR DREAMS COME TRUE.

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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 $812,316

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $812,316

Expense Breakdown

Grants Paid $58,950

Salaries & Benefits $165,314

Fundraising Expenses $0

Program Expenses $230,854

Other Expenses $218,800

TOTAL EXPENSES $443,064

Year-over-Year Comparison

	2023	2022	Change
Revenue	$812,316	$189,267	+3.3%
Expenses	$443,064	$297,030	+0.5%
Net Income	$369,252	$-107,763	-4.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLE TUCK	President	3.00	Director	$0	$0	$0
KHALED M KHALED	President	2.00	Director	$0	$0	$0
THEODOR SEDLMAYR	Director	1.00	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
2023	$812,316	$443,064	$568,542	$369,252
2022	$189,267	$297,030	$241,592	$-107,763
2022	No data	No data	$322,053	No data
2021	No data	No data	$112,035	No data
2021	$314,669	$119,651	$322,053	$195,018
2020	$177,561	$132,886	$119,535	$44,675
2019	$523,283	$499,311	$94,730	$23,972
2019	$531,215	$479,873	$94,730	$51,342

WE THE BEST FOUNDATION INC