3RD DECADE INC (EIN 842298062) - 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

JEFF LOCKE

Phone

5202024095

Tax Period

2024-01-01 to 2024-12-31

3RD DECADE INC, founded in 2019, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 20% operating deficit.

Mission

3RD DECADE DELIVERS FINANCIAL EDUCATION AND ONE-ON-ONE MENTORSHIP TO YOUNG PEOPLE, FOSTERING SMART MONEY HABITS, BUILDING FINANCIAL CONFIDENCE, AND LONG-TERM STABILITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,086,818

Program Service Revenue $0

Investment Income $5,051

Other Revenue $2,463

TOTAL REVENUE $1,094,332

Expense Breakdown

Grants Paid $129,500

Salaries & Benefits $834,982

Fundraising Expenses $150,876

Program Expenses $879,449

Other Expenses $345,562

TOTAL EXPENSES $1,311,669

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,094,332	$1,256,169	-0.1%
Expenses	$1,311,669	$1,521,968	-0.1%
Net Income	$-217,337	$-265,799	-0.2%

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

Volunteers

199

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

$150,099

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE'MAR HOOPER	CHIEF EXECUTIVE OFFICER	40.00	Officer	$134,543	$15,556	$150,099
ROBERT SWIFT	PRESIDENT	4.00	Officer Director	$0	$0	$0
JEFF LOCKE	TREASURER	1.00	Officer Director	$0	$0	$0
DESIREE CUNNINGHAM	SECRETARY	0.20	Officer Director	$0	$0	$0
MAURICIO CORTES	DIRECTOR	1.00	Director	$0	$0	$0
KERRI LOPEZ-HOWELL	DIRECTOR	0.10	Director	$0	$0	$0
ASHLEY ILARDO	DIRECTOR	0.20	Director	$0	$0	$0
NICKOLAS MINARD	DIRECTOR	0.10	Director	$0	$0	$0
TJ MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
SHERRI TROMBLY	DIRECTOR	0.20	Director	$0	$0	$0
NATHALIA UNTIVEROS	DIRECTOR	0.10	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
2024	$1,094,332	$1,311,669	$938,812	$-217,337
2023	$1,256,169	$1,521,968	$1,119,101	$-265,799
2022	$1,002,101	$1,084,554	$253,999	$-82,453
2021	$974,738	$885,705	$335,356	$89,033
2020	$912,547	$1,006,517	$254,405	$-93,970
2019	$334,423	$80	$334,343	$334,343

3RD DECADE INC