Audacity Labs (EIN 844156945) - 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

2020

Legal Domicile

Principal Officer

Anjanette Miller

Phone

9729784833

Tax Period

2023-01-01 to 2023-12-31

Audacity Labs, founded in 2020, is a small nonprofit in the Education sector that reported $259K in total revenue in fiscal year 2023. Revenue surged 377% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 20% operating margin.

Mission

To provide an innovation incubator for teens who aspire to be future entrepreneurs work together to conceive develop and launch new ventures.

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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 $258,935

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $258,935

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $123,480

Fundraising Expenses $0

Program Expenses $184,338

Other Expenses $62,440

TOTAL EXPENSES $205,920

Year-over-Year Comparison

	2023	2022	Change
Revenue	$258,935	$54,326	+3.8%
Expenses	$205,920	$64,793	+2.2%
Net Income	$53,015	$-10,467	-6.1%

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

$108,158

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anjanette Miller	Executive Director	40.00	Officer	$53,750	$0	$53,750
Jaime Nohemi	Finance Director	40.00	Officer	$30,000	$0	$30,000
Itzel Castro	Program Director	40.00	Officer	$24,408	$0	$24,408
Mitch Sava	Board Chair	5.00	Officer	$0	$0	$0
Melissa Carrier	Vice Chair	5.00	Officer	$0	$0	$0
Steven McClelland	Board Member	5.00	Officer	$0	$0	$0
Quincy King	Board Member	5.00	Officer	$0	$0	$0
Steven McClelland	Board Member	5.00	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
2023	$258,935	$205,920	$58,478	$53,015

Audacity Labs