Worthy Mentoring (EIN 825281850) - 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

Michael Edmonson

Phone

2025520221

Tax Period

2022-01-01 to 2022-12-31

Worthy Mentoring, founded in 2018, is a small nonprofit in the Civil Rights & Advocacy sector that reported $125K in total revenue in fiscal year 2022. Revenue surged 87% from the prior year, signaling strong growth momentum. Expenses of $153K exceeded revenue, resulting in a 23% operating deficit.

Mission

Worthy Mentoring is a 501(c)(3) nonprofit that connects mentors and mentees in the LGBTQ+ Community through a mobile iOS and Android App. The Worthy Mentoring App offers a safe platform for our community to seek personal guidance, professional advice, support, and friendship.

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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 (2022)

Revenue Breakdown

Contributions & Grants $97,363

Program Service Revenue $0

Investment Income $0

Other Revenue $27,387

TOTAL REVENUE $124,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,306

Fundraising Expenses $10,882

Program Expenses $99,488

Other Expenses $98,584

TOTAL EXPENSES $152,890

Year-over-Year Comparison

	2022	2021	Change
Revenue	$124,750	$66,821	+0.9%
Expenses	$152,890	$72,736	+1.1%
Net Income	$-28,140	$-5,915	+3.8%

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

$50,000

Total Directors

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Edmonson	CEO	40.00	Officer Director	$50,000	$0	$50,000
Brad Allen	Treasurer	3.00	Director	$0	$0	$0
Wes Pyron	Secretary	3.00	Director	$0	$0	$0
Ally Spaulding	Director	3.00	Director	$0	$0	$0
Rachel Campbell	Director	3.00	Director	$0	$0	$0
Shane Feldman	Director	3.00	Director	$0	$0	$0
Clem Auyeung	Director	3.00	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
2022	$124,750	$152,890	$11,335	$-28,140
2021	$66,821	$72,736	$84,865	$-5,915

Worthy Mentoring