THE SILENT MIND FOUNDATION (EIN 842290587) - 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

TIMOTHY LOOMIS

Phone

2169060224

Tax Period

2022-01-01 to 2022-12-31

THE SILENT MIND FOUNDATION, founded in 2019, is a micro nonprofit in the Recreation & Sports sector that reported $2K in total revenue in fiscal year 2022. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $7K exceeded revenue, resulting in a 175% operating deficit.

Mission

THE MISSION OF THE SILENT MIND IS TO SEEK OUT CHILDREN AND ADULTS INTRODUCING THEM TO THE LIFE-CHANGING BENEFITS OF MARTIAL ART TRAINING. WE SERVE THE COMMUNITY THROUGH IN-STUDIO CLASSES AND COMMUNITY OUTREACH ACTIVITIES. AS A NON-PROFIT, WE OFFER OUR CLASSES TO ALL WHO ARE DEDICATED TO LEARNING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,464

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,464

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,245

Other Expenses $6,765

TOTAL EXPENSES $6,765

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,464	$75,848	-1.0%
Expenses	$6,765	$52,457	-0.9%
Net Income	$-4,301	$23,391	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY LOOMIS	DIRECTOR	5.00	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
2022	$2,464	$6,765	$47,064	$-4,301
2021	$75,848	$52,457	$51,381	$23,391
2020	$82,597	$70,666	$56,064	$11,931
2019	$50,327	$38,400	$57,034	$11,927

THE SILENT MIND FOUNDATION