TUSO (EIN 841953499) - 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

D MICHAEL LINDSAY

Phone

7659985119

Tax Period

2023-01-01 to 2023-12-31

TUSO, founded in 2019, is a community nonprofit in the Education sector that reported $6.5M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $5.8M, a strong 90% operating margin.

Mission

SUPPORT THE EDUCATIONAL PURPOSES OF TAYLOR UNIVERSITY.

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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 $4,741,366

Program Service Revenue $0

Investment Income $116,524

Other Revenue $1,628,577

TOTAL REVENUE $6,486,467

Expense Breakdown

Grants Paid $560,899

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $560,899

Other Expenses $97,166

TOTAL EXPENSES $658,065

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,486,467	$5,791,544	+0.1%
Expenses	$658,065	$476,108	+0.4%
Net Income	$5,828,402	$5,315,436	+0.1%

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

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

$393,441

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	0.30		$0	$0	$0
MIKE FALDER	PRESIDENT	0.30	Officer	$0	$34,727	$192,450
DAVID MELILLI	VICE PRESIDENT & EXECUTIVE	0.30	Officer	$0	$0	$0
STEPHEN P OLSON	SECRETARY & TREASURER	0.30	Officer	$0	$36,913	$200,991

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	$6,486,467	$658,065	$14,029,835	$5,828,402
2022	$5,791,544	$476,108	$7,883,788	$5,315,436
2021	$2,623,025	No data	$2,596,672	No data
2020	No data	No data	No data	No data
2019	No data	No data	No data	No data

TUSO