ADAMS PURPOSE (EIN 843747706) - 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

Tax Period

2023-10-01 to 2024-09-30

ADAMS PURPOSE, founded in 2019, is a small nonprofit in the Mental Health sector that reported $391K in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $75K, a strong 19% operating margin.

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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 $121,947

Program Service Revenue $268,569

Investment Income $2

Other Revenue $0

TOTAL REVENUE $390,518

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,660

Fundraising Expenses $36,620

Program Expenses $200,410

Other Expenses $159,880

TOTAL EXPENSES $315,540

Year-over-Year Comparison

	2023	2022	Change
Revenue	$390,518	$207,588	+0.9%
Expenses	$315,540	$67,247	+3.7%
Net Income	$74,978	$140,341	-0.5%

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

Total Directors

$31,254

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAINIKA JACOBS	EXECUTIVE DIRECTOR	40.00	Director Highest	$31,254	$0	$31,254
KIM RAY	BOARD TREASURER	2.00	Officer	$0	$0	$0
MICHELE MICKENS	BOARD MEMBER	2.00	Officer	$0	$0	$0
KIMBERLY FOWLER-WHITE	SECRETARY	2.00	Officer	$0	$0	$0
CAROL REGAN	BOARD PRESIDENT	2.00	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
2024	$390,518	$315,540	$228,955	$74,978
2023	$207,588	$67,247	$152,209	$140,341

ADAMS PURPOSE