SHE BELIEVES IN ME

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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

RENEE GORMAN

Phone

7033329311

Tax Period

2023-01-01 to 2023-12-31

SHE BELIEVES IN ME, founded in 2018, is a small nonprofit in the Human Services sector that reported $494K in total revenue in fiscal year 2023. Expenses of $478K left a modest 3% surplus.

Mission

EMPOWERING CHILDREN, PREDOMINANTLY GIRLS BY PROVIDING RESOURCES, LIFE SKILLS AND HOPE TO THOSE WHO COME FROM DIVERSE BACKGROUNDS, TRAUMATIC EXPERIENCES AND DIFFICULT SOCIOECONOMIC CONDITIONS.

Program Service Accomplishments

Program 1

Expenses: $373,534 Revenue: $470,000

COMMUNITY ASSISTANCE - PROVIDING NEEDED RESOURCES FOR FAMILIES EXPERIENCING POVERTY AND IN SOME CASES TRAUMA. RESOURCES PROVIDED TO FAMILIES INCLUDE; FOOD, HYGIENE PRODUCTS AND CLEANING SUPPLIES

Program 2

Expenses: $1,490 Revenue: $10,150

HOLIDAY ASSISTANCE - PROVIDING FOOD AND RESOURCES TO FAMILIES EXPERIENCING HARDSHIPS DURING THE HOLIDAY SEASON

Program 3

Expenses: $4,393 Revenue: $13,915

EMOTIONAL SUPPORT - SBIM DELIVERS EMOTIONAL SUPPORT ACTIVITIES TO CHILDREN DEALING WITH TRAUMA TO PROVIDE COMFORT AND A SENSE OF SECURITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $466,100

Program Service Revenue $0

Investment Income $0

Other Revenue $27,965

TOTAL REVENUE $494,065

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,754

Fundraising Expenses $11,718

Program Expenses $379,417

Other Expenses $394,006

TOTAL EXPENSES $477,760

Year-over-Year Comparison

	2023	2022	Change
Revenue	$494,065	$504,259	0.0%
Expenses	$477,760	$480,252	0.0%
Net Income	$16,305	$24,007	-0.3%

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

$28,164

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENEE GORMAN	PRESIDENT	40.00	Officer	$28,164	$0	$28,164
LENORE KELLY	BOARD MEMBER	N/A	Director	$0	$0	$0
ALEXA MARSON	VICE PRESIDE	N/A	Officer	$0	$0	$0
TIMOTHY NERO	TREASURER	N/A	Officer	$0	$0	$0
AMY WHITEMAN	SECRETARY	N/A	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	No data	No data	No data	No data
2023	$494,065	$477,760	$89,115	$16,305
2022	$504,259	$480,252	$72,836	$24,007
2021	$382,276	$360,095	$48,689	$22,181