K WOODS FOUNDATION INC (EIN 842425708) - 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

2021

Legal Domicile

Principal Officer

KAREEM WOODS

Phone

6467739295

Tax Period

2023-01-01 to 2023-12-31

K WOODS FOUNDATION INC, founded in 2021, is a small nonprofit in the Youth Development sector that reported $106K in total revenue in fiscal year 2023. Expenses of $100K left a modest 6% surplus.

Mission

Dedicated to youth development and building community through teamwork and leadership. We create opportunities for children and families to build meaningful connections and grow through a steady commitment to health,

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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 $106,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $106,000

Expense Breakdown

Grants Paid $62,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,500

Other Expenses $37,500

TOTAL EXPENSES $100,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$106,000	N/A	N/A
Expenses	$100,000	N/A	N/A
Net Income	$6,000	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

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
KAREEM WOODS	EXECUTIVE DIRECTOR	020.00	Officer Director	$0	$0	$0
TAL JASMIN	CHIEF OPERATIONS ONS OFFICER	020.00	Officer Director	$0	$0	$0
JOHN MURPHY	DIRECTOR OF RECREATION	010.00	Director	$0	$0	$0
KENAYSHA JACKSON	SECRETARY	010.00	Director	$0	$0	$0
MONIQUE WOODS	PROGRAM DIRECTOR	010.00	Director	$0	$0	$0
JOSEPH SORRENTINO	LEGAL	005.00	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
2023	$106,000	$100,000	$6,000	$6,000

K WOODS FOUNDATION INC