SoulSpark Learning Foundation (EIN 824327179) - 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

Kate Bachtel

Phone

3035547300

Tax Period

2024-02-01 to 2025-01-31

SoulSpark Learning Foundation, founded in 2018, is a micro nonprofit in the Youth Development sector that reported $11K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $21K exceeded revenue, resulting in a 92% operating deficit.

Mission

To optimize the development and well-being of youth and the educators who care for them.

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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 $10,508

Program Service Revenue $700

Investment Income $1

Other Revenue $0

TOTAL REVENUE $11,209

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,798

Other Expenses $21,491

TOTAL EXPENSES $21,491

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,209	$67,237	-0.8%
Expenses	$21,491	$65,827	-0.7%
Net Income	$-10,282	$1,410	-8.3%

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

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
Dr Kate Bachtel	President	20.00	Officer Director	$0	$0	$0
Dr Chris Wells	Treasurer	1.00	Officer Director	$0	$0	$0
Rachel Fell	Director	1.00	Director	$0	$0	$0
Joi Lin	Secretary	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
2025	$11,209	$21,491	$18,443	$-10,282
2024	$67,237	$65,827	$28,725	$1,410
2023	$29,657	$21,396	$94,552	$8,261
2022	$27,757	$15,973	$59,423	$11,784
2021	$393,186	$390,034	$373,707	$3,152

SoulSpark Learning Foundation