TEN 24 Inc (EIN 831420054) - 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

Jeffrey Buell

Phone

6823758250

Tax Period

2024-01-01 to 2024-12-31

TEN 24 Inc, founded in 2018, is a small nonprofit in the Religion sector that reported $450K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $77K, a strong 17% operating margin.

Mission

We provide discipleship, missions training, missions trips as well as charitable giving.

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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 $450,199

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $450,199

Expense Breakdown

Grants Paid $43,944

Salaries & Benefits $166,867

Fundraising Expenses $13,147

Program Expenses $325,077

Other Expenses $162,215

TOTAL EXPENSES $373,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$450,199	$342,607	+0.3%
Expenses	$373,026	$306,671	+0.2%
Net Income	$77,173	$35,936	+1.1%

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

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

$113,716

Total Directors

$113,716

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeffrey Buell	President	050.00	Officer Director	$57,716	$40,000	$113,716
Ronald Carroll	Secretary	001.00	Officer Director	$0	$0	$0
Jay Shellum	Treasurer	001.00	Officer 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	$450,199	$373,026	$373,520	$77,173
2023	$342,607	$306,671	$296,526	$35,936
2022	$340,759	$324,360	$260,669	$16,399
2021	$306,589	$235,355	$255,326	$71,234
2020	$238,475	$156,990	$176,496	$81,485

TEN 24 Inc