SOUNDCHECK PREVENTION NETWORK

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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

WILL STRAUGHAN

Phone

8282802079

Tax Period

2023-09-01 to 2024-08-31

SOUNDCHECK PREVENTION NETWORK, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $455K in total revenue in fiscal year 2023. Revenue surged 76% from the prior year, signaling strong growth momentum. Expenses of $392K left a modest 14% surplus.

Mission

SOUNDCHECK IS INSPIRED BY STUDENTS OF ALL AGES AND EXPERIENCES WHO EXPRESS A GENUINE DESIRE TO BE HEALTHY, SUPPORT THEIR PEERS, LEARN UNBIASED FACTS ABOUT ALCOHOL AND OTHER DRUGS, AND PLAY AN ACTIVE ROLE IN THEIR SCHOOL'S PREVENTION INITIATIVES.

Program Service Accomplishments

Program 1

Expenses: $313,373 Revenue: $304,469

SOUNDCHECK PREVENTION NETWORK PARTNERS WITH SCHOOLS TO DEVELOP STRATEGIES THAT REDUCE SUBSTANCE USE AND SUPPORT STUDENT AND COMMUNITY WELLBEING.

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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 $150,906

Program Service Revenue $304,469

Investment Income $0

Other Revenue $0

TOTAL REVENUE $455,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $301,024

Fundraising Expenses $0

Program Expenses $313,373

Other Expenses $90,693

TOTAL EXPENSES $391,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$455,375	$258,268	+0.8%
Expenses	$391,717	$332,419	+0.2%
Net Income	$63,658	$-74,151	-1.9%

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

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

$96,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILL STRAUGHAN	EXECUTIVE DI	40.00	Officer	$96,200	$0	$96,200
MIKE CONNOLLY	BOARD MEMBER	1.00	Director	$0	$0	$0
BETSY FORBUSH	CHAIR EMERIT	1.00	Director	$0	$0	$0
JILL FROMEWICK	BOARD MEMBER	1.00	Director	$0	$0	$0
MORGAN GALECKI	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH HUGHES	BOARD MEMBER	1.00	Director	$0	$0	$0
EMILY JOHNSON	CHAIR	1.00	Director	$0	$0	$0
WILL MCCORMACK	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY SCOTT PETERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
HEATH RADA	CHAIR EMERIT	1.00	Director	$0	$0	$0
MIKE SIMONS	BOARD MEMBER	1.00	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
2025	No data	No data	No data	No data
2024	$455,375	$391,717	$124,943	$63,658
2023	$258,268	$332,419	$51,398	$-74,151
2022	$246,254	$202,065	$129,458	$44,189
2020	$210,952	$69,410	$141,542	$141,542