Inspiring Minds of Youngstown Inc (EIN 824558120) - 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

Trinette Simon CPA

Phone

2342548124

Tax Period

2024-01-01 to 2024-12-31

Inspiring Minds of Youngstown Inc, founded in 2018, is a small nonprofit in the Human Services sector that reported $200K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO ENGAGE INSPIRE AND EMPOWER YOUTH TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION AND EXPOSURE TO LIFE CHANGING EXPERIENCES.

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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 $180,120

Program Service Revenue $0

Investment Income $16

Other Revenue $20,101

TOTAL REVENUE $200,237

Expense Breakdown

Grants Paid $0

Salaries & Benefits $123,052

Fundraising Expenses $0

Program Expenses $202,430

Other Expenses $85,416

TOTAL EXPENSES $208,468

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200,237	$180,966	+0.1%
Expenses	$208,468	$184,783	+0.1%
Net Income	$-8,231	$-3,817	+1.2%

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

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
Pastor Joseph Walker	President	2.00	Officer Director	$0	$0	$0
Dean Noble	Secretary	2.00	Officer Director	$0	$0	$0
Trinette Simon CPA	Treasurer	2.00	Officer Director	$0	$0	$0
Angela Moss	Board Member	2.00	Director	$0	$0	$0
Carla Baldwin	Board Member	2.00	Director	$0	$0	$0
Alicia Miller	Vice President	2.00	Officer Director	$0	$0	$0
Megan Wagner	Board Member	2.00	Director	$0	$0	$0
Sherri Bercheni	Board Member	2.00	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	$200,237	$208,468	$61,874	$-8,231
2021	$195,399	$312,597	$237,258	$-117,198
2020	$205,112	$239,127	$70,255	$-34,015
2019	$228,495	$206,605	$20,962	$21,890

Inspiring Minds of Youngstown Inc