THE PINKY COLE FOUNDATION INC

EIN: 834595973 501(c)(3) Youth Development

Atlanta, GA

Total Revenue
$95,716
Total Expenses
$180,158
Total Assets
$28,831
Net Assets
$28,831
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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
GA
Principal Officer
Aisha Cole
Phone
4046424111
Tax Period
2024-01-01 to 2024-12-31

THE PINKY COLE FOUNDATION INC, founded in 2019, is a micro nonprofit in the Youth Development sector that reported $96K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $180K exceeded revenue, resulting in a 88% operating deficit.

Mission

Through educational programs, networking events, and thought leadership, the Pinky Cole Foundation is committed to empowering teens, college students, and younger adults to become fearless entrepreneurs.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $95,716
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $95,716

Expense Breakdown

Grants Paid $16,000
Salaries & Benefits $22,059
Fundraising Expenses $0
Program Expenses $180,158
Other Expenses $142,099
TOTAL EXPENSES $180,158

Year-over-Year Comparison

2024 2023 Change
Revenue $95,716 $194,880 -0.5%
Expenses $180,158 $171,090 +0.1%
Net Income $-84,442 $23,790 -4.5%
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

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Governance

Voting Members
8
Independent Members
6
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
1
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mia Ferguson Board Member Youth Entrepreneur Ch 40.00
Director Highest
$0 $0 $0
Monica Ponder Board Member Grants Chair 5.00
Director
$0 $0 $0
Christopher Cooper Board Member 5.00
Director
$0 $0 $0
Richard Dunn Board Member EA Chair 5.00
Director
$0 $0 $0
Carol Davis Board Member Governance Chair 5.00
Director
$0 $0 $0
Sojourner Grimmett Board Member 5.00
Director
$0 $0 $0
Stacey Lee Chairman of the Board Member Event 5.00
Director
$0 $0 $0
Aisha Cole Board Member 20.00
Officer Highest
$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 $95,716 $180,158 $28,831 $-84,442
2023 $194,880 $171,090 $113,273 $23,790
2022 $416,576 $386,680 $89,483 $29,896
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