Forever Kings Inc (EIN 842848713) - 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

Jordan Bankston

Phone

5133353295

Tax Period

2023-07-01 to 2024-06-30

Forever Kings Inc, founded in 2019, is a small nonprofit in the Human Services sector that reported $747K in total revenue in fiscal year 2023. Revenue surged 90% from the prior year, signaling strong growth momentum. Expenses of $652K left a modest 13% surplus.

Mission

To see young men of color have an equitable opportunity to achieve personal and professional success.

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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 $712,849

Program Service Revenue $34,000

Investment Income $0

Other Revenue $80

TOTAL REVENUE $746,929

Expense Breakdown

Grants Paid $9,250

Salaries & Benefits $108,866

Fundraising Expenses $36,913

Program Expenses $524,784

Other Expenses $488,071

TOTAL EXPENSES $651,579

Year-over-Year Comparison

	2023	2022	Change
Revenue	$746,929	$393,505	+0.9%
Expenses	$651,579	$396,627	+0.6%
Net Income	$95,350	$-3,122	-31.5%

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

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

$67,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jordan Bankston	Executive Director	040.00	Officer	$67,000	$0	$67,000
Naomi Madaris	Member	001.00	Director	$0	$0	$0
Jon Michasel Adinolfi	Member	001.00	Director	$0	$0	$0
Ross Turpeau III	Member	001.00	Director	$0	$0	$0
Dr Melissa Newman	Member	001.00	Director	$0	$0	$0
Russell Whitney II	Member	001.00	Director	$0	$0	$0
Maurice Huey	Member	001.00	Director	$0	$0	$0
Dina Shields	Member	001.00	Director	$0	$0	$0
Carese Drake	Member	001.00	Director	$0	$0	$0
Steven Van Vechten	Board Secretary	001.00	Officer	$0	$0	$0
Amber Simpson	Board President	001.00	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
2025	No data	No data	No data	No data
2024	$746,929	$651,579	$96,740	$95,350
2023	$393,505	$396,627	$26,037	$-3,122
2022	$321,268	$328,110	$-18,407	$-6,842
2021	$216,273	$235,489	$-18,384	$-19,216

Forever Kings Inc