PRESTON BROWN FOUNDATION (EIN 825385320) - 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 E BROWN

Phone

5132666912

Tax Period

2024-01-01 to 2024-12-31

PRESTON BROWN FOUNDATION, founded in 2018, is a small nonprofit in the Education sector that reported $186K in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. Expenses of $247K exceeded revenue, resulting in a 33% operating deficit.

Mission

PROVIDING RESOURSES TO PROMOTE HEALTH EQUITY AMONG VULNERABLE YOUTH, THROUGH MENTORING AND EDUCATION GIVING THEM THE OPPORTUNITY TO POSSIBLE CHANGE OR BETTER THEIR LIFESTYLE.

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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 $164,592

Program Service Revenue $0

Investment Income $7,990

Other Revenue $13,573

TOTAL REVENUE $186,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $79,303

Fundraising Expenses $0

Program Expenses $238,284

Other Expenses $168,123

TOTAL EXPENSES $247,426

Year-over-Year Comparison

	2024	2023	Change
Revenue	$186,155	$113,878	+0.6%
Expenses	$247,426	$93,096	+1.7%
Net Income	$-61,271	$20,782	-3.9%

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

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

$52,000

Total Directors

$73,667

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICE MCDOWELL-BROWN	EXECUTIVE DI	30.00	Officer Director	$52,000	$0	$52,000
PAIGE BROWN	PROGRAM DIRE	20.00	Director	$21,667	$0	$21,667
MICHAEL E BROWN	PRESIDENT	10.00	Officer Director	$0	$0	$0
WAYNE MILLER	DIRECTOR	2.00	Director	$0	$0	$0
KEENA SMITH	SECRETORY	2.00	Director	$0	$0	$0
INGRID BACHELOR	CERTIFIED PU	6.00	Officer	$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	No data	No data	No data	No data
2024	$186,155	$247,426	$337,429	$-61,271
2024	$136,155	$307,762	$337,429	$-171,607
2023	$113,878	$93,096	$346,534	$20,782
2022	$22,315	$51,520	$325,752	$-29,205
2021	$122,250	$73,553	$354,957	$48,697
2020	$220,239	$71,113	$306,259	$149,126

PRESTON BROWN FOUNDATION