TD Jakes Foundation (EIN 844667327) - 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

Phone

8178771088

Tax Period

2023-01-01 to 2023-12-31

TD Jakes Foundation, founded in 2020, is a community nonprofit in the Employment sector that reported $7.0M in total revenue in fiscal year 2023. Revenue surged 256% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 27% operating margin.

Mission

TO CREATE SUSTAINABLE WORKFORCE DEVELOPMENT AND COMMUNITY BUILDING SERVICES ESSENTIAL TO BUILDING BRIDGES TO OPPORTUNITIES IN THE U.S. AND AROUND THE WORLD.

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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 $7,044,242

Program Service Revenue $0

Investment Income $1,435

Other Revenue $0

TOTAL REVENUE $7,045,677

Expense Breakdown

Grants Paid $1,039,500

Salaries & Benefits $1,097,542

Fundraising Expenses $226,686

Program Expenses $4,062,295

Other Expenses $3,006,939

TOTAL EXPENSES $5,143,981

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,045,677	$1,977,646	+2.6%
Expenses	$5,143,981	$2,391,078	+1.2%
Net Income	$1,901,696	$-413,432	-5.6%

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

150

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

$188,258

Total Directors

$50,652

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	SECRETARY & DIRECTOR (UNTIL 3/23)	40.0	Officer Director	$43,953	$6,699	$50,652
N/A	TREASURER & DIRECTOR	1.0	Officer Director	$0	$0	$0
N/A	Chairman; President & CEO (Until 4/23)	1.0	Officer Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	Director (Start 11/23)	1.0	Director	$0	$0	$0
N/A	President & CEO (Start 4/23)	40.0	Officer	$137,606	$0	$137,606

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	No data	No data	No data	No data
2023	$7,045,677	$5,143,981	$4,042,300	$1,901,696
2022	$1,977,646	$2,391,078	$465,398	$-413,432
2021	$1,257,573	$2,160,188	$810,806	$-902,615
2020	$2,169,649	$1,252,872	$986,129	$916,777

TD Jakes Foundation