Meaning Foundation (EIN 831707308) - 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

Taylor Adams

Phone

5622858303

Tax Period

2023-01-01 to 2023-12-31

Meaning Foundation, founded in 2018, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 1520% from the prior year, signaling strong growth momentum. The organization ran a surplus of $981K, a strong 59% operating margin.

Mission

The Meaning Foundation the Organization or TMF is a non-profit organization committed to eliminating barriers to meaningful employment for the formerly incarcerated. We believe that adaptive combination of foundation healing workforce development and meaningful employment is the most powerful mechanism for enabling long-term human transformation and multi-generational socioeconomic impact.

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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 $1,651,756

Program Service Revenue $0

Investment Income $0

Other Revenue $662

TOTAL REVENUE $1,652,418

Expense Breakdown

Grants Paid $75,830

Salaries & Benefits $0

Fundraising Expenses $50,105

Program Expenses $592,059

Other Expenses $595,818

TOTAL EXPENSES $671,648

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,652,418	$102,000	+15.2%
Expenses	$671,648	$3,600	+185.6%
Net Income	$980,770	$98,400	+9.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Taylor Adams	Chief Executive Officer	10.00	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	No data	No data	No data	No data
2023	$1,652,418	$671,648	$1,089,120	$980,770
2022	$102,000	$3,600	$108,350	$98,400
2021	No data	$2,986	$9,950	No data
2020	$17,600	$20,055	$12,936	$-2,455
2019	$757,413	$800,365	$15,391	$-42,952
2018	No data	No data	No data	No data

Meaning Foundation