YOUNG MASTERMINDS INITIATIVE INC (EIN 831429530) - 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

Manuel Almonte

Phone

3473521234

Tax Period

2024-01-01 to 2024-12-31

YOUNG MASTERMINDS INITIATIVE INC, founded in 2018, is a small nonprofit in the Youth Development sector that reported $389K in total revenue in fiscal year 2024. The organization ran a surplus of $93K, a strong 24% operating margin.

Mission

Provides mentoring wellness practices skillbuilding and leadership development experiences for young men through outdoor and communitybased programs that foster personal growth connection and purpose

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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 $389,377

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $389,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,488

Fundraising Expenses $0

Program Expenses $296,771

Other Expenses $194,503

TOTAL EXPENSES $295,991

Year-over-Year Comparison

	2024	2023	Change
Revenue	$389,377	N/A	N/A
Expenses	$295,991	N/A	N/A
Net Income	$93,386	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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MANUEL ALMONTE	Board Chair	40.00	Highest	$95,000	$0	$95,000
JAMAAL WEATHERSPOON	Board Member	0.00	Officer	$0	$0	$0
BRANDON SLAUGHTER	Board Member	0.00	Officer	$0	$0	$0
ANDY ISAACSON	Board Member	0.00	Officer	$0	$0	$0
JAMIAN POLK	Chair of Adv Board	0.00	Officer	$0	$0	$0
DAVID LOPEZ	Board Member	0.00	Officer	$0	$0	$0
ELIZABETH NUNES BACELAR	Board Member	0.00	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
2024	$389,377	$295,991	$185,699	$93,386
2023	$299,143	$194,376	$104,209	$104,767
2021	$60,511	$56,427	$37,653	$4,084
2020	$45,427	$11,858	$33,569	$33,569

YOUNG MASTERMINDS INITIATIVE INC