HUSTLE USA (EIN 825134812) - 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

2013

Legal Domicile

Principal Officer

CHRISTOPHER O WADDELL

Phone

6023850779

Tax Period

2024-01-01 to 2024-12-31

HUSTLE USA, founded in 2013, is a small nonprofit in the Employment sector that reported $482K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $753K exceeded revenue, resulting in a 56% operating deficit.

Mission

THE ORGANIZATION PROVIDES INTELLECTUAL AND FINANCIAL CAPITAL TO LOW INCOME/UNDER SERVED ENTREPRENEURS AIDING THEN TO START AND SUSTAIN SUCESSFUL BUSINESSES THAT GLORIFY GOD AND SERVE THEIR NEIGHBORS.

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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 $481,260

Program Service Revenue $0

Investment Income $944

Other Revenue $0

TOTAL REVENUE $482,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $544,206

Fundraising Expenses $68,968

Program Expenses $580,109

Other Expenses $208,326

TOTAL EXPENSES $752,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$482,204	$740,808	-0.3%
Expenses	$752,532	$724,298	+0.0%
Net Income	$-270,328	$16,510	-17.4%

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

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
CHRISTOPHER O WADDELL	CEO	60.00	Officer Director	$0	$0	$0
FRANK KITCHEN	DIRECTOR	10.00	Director	$0	$0	$0
CHERI BOND	DIRECTOR	10.00	Director	$0	$0	$0
LUKE BOBO	DIRECTOR	10.00	Director	$0	$0	$0
JANE DOBBS	DIRECTOR	10.00	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	$482,204	$752,532	$424,913	$-270,328
2020	$609,529	$315,382	$660,066	$294,147
2019	$369,182	$338,151	$169,719	$31,031
2018	$188,802	$313,870	$138,688	$-125,068

HUSTLE USA