ESSENTIALS FIRST (EIN 833737538) - 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

2019

Legal Domicile

Principal Officer

Khizer Sherif

Phone

4252137810

Tax Period

2024-01-01 to 2024-12-31

ESSENTIALS FIRST, founded in 2019, is a small nonprofit in the Human Services sector that reported $406K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

Provide hygiene essentials and socially & culturally appropriate food when needed to families

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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 $406,267

Program Service Revenue $0

Investment Income $24

Other Revenue $0

TOTAL REVENUE $406,291

Expense Breakdown

Grants Paid $0

Salaries & Benefits $163,093

Fundraising Expenses $44,425

Program Expenses $328,343

Other Expenses $274,699

TOTAL EXPENSES $438,437

Year-over-Year Comparison

	2024	2023	Change
Revenue	$406,291	$496,643	-0.2%
Expenses	$438,437	$456,532	0.0%
Net Income	$-32,146	$40,111	-1.8%

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

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

$77,500

Total Directors

$77,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nickhath Sheriff	CEO	30	Officer Director	$77,500	$0	$77,500
Nabrath Sheriff	President	2	Officer Director	$0	$0	$0
Laura Delmondo	Vice President	2	Officer Director	$0	$0	$0
Khizer Sheriff	CFO	5	Director	$0	$0	$0
Alejandro Mendez	Secretary	2	Director	$0	$0	$0
Ahlmahz Negash	On the Governance committee	2	Officer Director	$0	$0	$0
Farheen Chaudhary	On the Governance committee	2	Director	$0	$0	$0
Henna Rashid	Youth Program Lead	2	Director	$0	$0	$0
Lyubov Vasilyuk	Board Member	2	Director	$0	$0	$0
Mohammed Abdi	Board Member	2	Director	$0	$0	$0
Therese Paxton	Board Member	2	Director	$0	$0	$0
Paul Brunt	Board Member	2	Director	$0	$0	$0
Miranda Wilson	Board Member	2	Director	$0	$0	$0
Shewette Wahab	Board Member	2	Director	$0	$0	$0
Khwaja Shamsuddin	Board Member	2	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	$406,291	$438,437	$278,685	$-32,146
2023	$496,643	$456,532	$316,114	$40,111
2022	$328,785	$228,359	$240,051	$100,426

ESSENTIALS FIRST