HUMBLE BEGINNINGS FOUNDATION INC

EIN: 842043727 501(c)(3) Education

Port Saint Lucie, FL

Total Revenue
$961,421
Total Expenses
$1,002,508
Total Assets
$630,410
Net Assets
$-109,955
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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
FL
Principal Officer
OVEDA TAYLOR
Tax Period
2020-01-01 to 2020-12-31

HUMBLE BEGINNINGS FOUNDATION INC, founded in 2019, is a small nonprofit in the Education sector that reported $961K in total revenue in fiscal year 2020.

Mission

TO PROVIDE EDUCATION TO STUDENTS IN UNDERSERVED COMMUNITIES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $2,240
Program Service Revenue $959,181
Investment Income $0
Other Revenue $0
TOTAL REVENUE $961,421

Expense Breakdown

Grants Paid $0
Salaries & Benefits $518,936
Fundraising Expenses $0
Program Expenses $1,002,508
Other Expenses $483,572
TOTAL EXPENSES $1,002,508

Year-over-Year Comparison

2020 2019 Change
Revenue $961,421 N/A N/A
Expenses $1,002,508 N/A N/A
Net Income $-41,087 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

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Governance

Voting Members
4
Independent Members
N/A
Employees
35
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
3
$55,800
Total Directors
0
$0
Key Employees
2
$55,800
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DELOISE TAYLOR SECRETARY 40.00
Officer Key Emp
$40,800 $0 $40,800
OVEDA TAYLOR PRESIDENT TREASURER 40.00
Officer Key Emp
$15,000 $0 $15,000
CAROL KENYON TREASURER 40.00
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
2020 $961,421 $1,002,508 $630,410 $-41,087
2020 No data No data No data No data
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