Beginning Futures 2 Inc (EIN 844952085) - 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

Rochelle Bea

Phone

3148825286

Tax Period

2024-01-01 to 2024-12-31

Beginning Futures 2 Inc, founded in 2020, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $615K, a strong 36% operating margin.

Mission

To assist families in having access to quality educational services within their neighboring community.

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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 (2024)

Revenue Breakdown

Contributions & Grants $570,482

Program Service Revenue $1,115,651

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,686,133

Expense Breakdown

Grants Paid $0

Salaries & Benefits $582,197

Fundraising Expenses $0

Program Expenses $1,006,827

Other Expenses $488,503

TOTAL EXPENSES $1,070,700

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,686,133	$1,165,051	+0.4%
Expenses	$1,070,700	$1,317,412	-0.2%
Net Income	$615,433	$-152,361	-5.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NIKKI WILSON	Director	1.00	Director	$0	$0	$0
SHELLA OLIVIERI	Director	1.00	Director	$0	$0	$0
CHRIS THURMOND	Director	1.00	Director	$0	$0	$0
CHAQUILL MERRIWEATHER	President	1.00	Officer	$0	$0	$0
MARCHELLE BREWER	Secretary	1.00	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	$1,686,133	$1,070,700	$336,007	$615,433
2023	$1,165,051	$1,317,412	$81,843	$-152,361
2022	$255,955	$553,766	$213,686	$-297,811

Beginning Futures 2 Inc