WELCOME TO FATHERHOOD INC

EIN: 831428142 501(c)(3) Human Services

CHICAGO, IL

Total Revenue
$10,000
Total Expenses
$11,138
Total Assets
N/A
Net Assets
N/A
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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
2020
Legal Domicile
IL
Principal Officer
DR RAHEEM YOUNG
Phone
6302101192
Tax Period
2022-01-01 to 2022-12-31

WELCOME TO FATHERHOOD INC, founded in 2020, is a micro nonprofit in the Human Services sector that reported $10K in total revenue in fiscal year 2022. Expenses of $11K exceeded revenue, resulting in a 11% operating deficit.

Mission

ORGANIZATION WAS ESTABLISHED TO ASSIST FATHERS WITH THE STRESSES AND PRESSURES OF PARENTING.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $10,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,138
Other Expenses $11,138
TOTAL EXPENSES $11,138

Year-over-Year Comparison

2022 2021 Change
Revenue $10,000 N/A N/A
Expenses $11,138 N/A N/A
Net Income $-1,138 N/A N/A
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR RAHEEM YOUNG DIRECTOR 040.00
$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 $10,000 $11,138 No data $-1,138
2020 $3,732 $4,197 $3,732 $-465
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