Simplicity Resource Network Inc

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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

Deon Anderson

Tax Period

2019-01-01 to 2019-12-31

Simplicity Resource Network Inc, founded in 2019, is a small nonprofit that reported $145K in total revenue in fiscal year 2019.

Mission

Simplicity Resources Network Incorporated leads national and international development and humanitarian efforts to stop violence, reduce poverty, by empowering women, strengthen democratic governance, eliminate illiteracy, and help people progress beyond assistance.

Program Service Accomplishments

Program 1

Expenses: $81,600

During the year we feed the hungry and distribute clothes, laptops, cell phones, and toys into many villages in Guyana. We also paid for Children ages 3-18th to go to school and after-school lessons. Out of the Children we help 6 just graduated, 3 found jobs, 3 are moving on to university, and 6 still in primary and after-school lessons.Our donation and resources were provided to the following villages in Guyana: Central Georgetown, Yarrowkaba linden highway, Timehri East Bank Demerara, Mocha Village, Vreedinghoop village, West coast Demerara,Maranath brethren, East Ruimveldt, Golden Grove, East Coast Demerara, Cotton Tree Village, West Coast Berbic.

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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 (2019)

Revenue Breakdown

Contributions & Grants $145,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $145,000

Expense Breakdown

Grants Paid $81,600

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $81,600

Other Expenses $63,400

TOTAL EXPENSES $145,000

Year-over-Year Comparison

	2019	2018	Change
Revenue	$145,000	N/A	N/A
Expenses	$145,000	N/A	N/A
Net Income	$0	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

N/A

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	Role	Reportable Comp	Other Comp	Total
Deon Anderson	Exexutive Director	Officer Director Key Emp	$0	$0	$0
Simone Morgan	Trustee	Director	$0	$0	$0
Erlene Carter	Trustee	Director	$0	$0	$0
Huda Hilmi	CEO	Officer	$0	$0	$0
Mario Cooperwood	VP	Officer	$0	$0	$0
Terry Laski	Treasurer	Officer	$0	$0	$0
Cindy Kent	Secretary	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
2019	$145,000	$145,000	No data	No data