TUMBLEHOME INC (EIN 824411465) - 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

PENDRED NOYCE

Phone

6176337442

Tax Period

2023-01-01 to 2023-12-31

TUMBLEHOME INC, founded in 2018, is a small nonprofit in the Education sector that reported $561K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $858K exceeded revenue, resulting in a 53% operating deficit.

Mission

TO INSPIRE YOUNG PEOPLE TO IMAGINE THEMSELVES AS SCIENTISTS AND ENGINEERS THROUGH THE POWER OF STORY AND ACTIVITIES

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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 $498,742

Program Service Revenue $58,601

Investment Income $4,122

Other Revenue $0

TOTAL REVENUE $561,465

Expense Breakdown

Grants Paid $125,150

Salaries & Benefits $427,210

Fundraising Expenses $0

Program Expenses $744,784

Other Expenses $305,488

TOTAL EXPENSES $857,848

Year-over-Year Comparison

	2023	2022	Change
Revenue	$561,465	$614,062	-0.1%
Expenses	$857,848	$555,928	+0.5%
Net Income	$-296,383	$58,134	-6.1%

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

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

$100,870

Total Directors

$100,870

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WALTER SIMSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
STEVE RASMUSSEN	TREASURER	1.00	Officer Director	$0	$0	$0
PENDRED NOYCE	SECRETARY	40.00	Officer Director	$95,769	$5,101	$100,870
BERNANDINE NASH-MCCLEAN	MEMBER	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
2024	No data	No data	No data	No data
2023	$561,465	$857,848	$299,729	$-296,383
2022	$614,062	$555,928	$331,352	$58,134
2021	$548,810	$514,255	$252,766	$34,555
2020	$401,309	$395,069	$229,219	$6,240
2019	$379,061	$224,303	$212,920	$154,758

TUMBLEHOME INC