TM23 FOUNDATION (EIN 833013087) - 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

NIKKI MARK

Phone

3238298300

Tax Period

2023-01-01 to 2023-12-31

TM23 FOUNDATION, founded in 2018, is a small nonprofit in the Youth Development sector that reported $120K in total revenue in fiscal year 2023. Revenue fell 86% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $112K, a strong 93% operating margin.

Mission

SUPPORT AND DEVELOP PROGRAMMING AND INFRASTRUCTURE THAT TEACH CHILDREN AND YOUNG ADULTS THE HEART OF LIFE. INITIATIVES INCLUDE THE DEVELOPMENT OF PUBLIC MULTI-SPORT FIELDS AND RELATED PROGRAMMING/TOURNAMENTS TO INCREASE ACCESS FOR ALL

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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 $120,417

Program Service Revenue $0

Investment Income $76

Other Revenue $0

TOTAL REVENUE $120,493

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,865

Other Expenses $8,304

TOTAL EXPENSES $8,304

Year-over-Year Comparison

	2023	2022	Change
Revenue	$120,493	$892,140	-0.9%
Expenses	$8,304	$1,207,230	-1.0%
Net Income	$112,189	$-315,090	-1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NIKKI	MARK	1.00	Officer Director	$0	$0	$0
REBECCA	KAUFMAN	1.00	Officer Director	$0	$0	$0
RICHARD	LEWIS	1.00	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	$120,493	$8,304	$161,612	$112,189
2022	$892,140	$1,207,230	$46,530	$-315,090
2021	$224,266	$24,312	$361,620	$199,954
2020	$151,148	$1,236,779	$194,686	$-1,085,631

TM23 FOUNDATION