SLATE OF MIND (EIN 845097638) - 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

JEFFREY J WHITE

Phone

9107256776

Tax Period

2024-01-01 to 2024-12-31

SLATE OF MIND, founded in 2020, is a micro nonprofit in the Education sector that reported $95K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $197K exceeded revenue, resulting in a 107% operating deficit.

Mission

SLATE OF MIND WORKS TO RAISE AWARENESS OF CHALLENGES POSED BY CHANGE. AS PART OF ITS WORK, THE ORGANIZATION LOOKS FOR SOLUTIONS IN LEADING CHANGE RESEARCH AND CREATES TOOLS THAT HELP PEOPLE BUILD LIVES AROUND WHAT'S IMPORTANT TO THEM.

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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 $0

Program Service Revenue $0

Investment Income $94,995

Other Revenue $185

TOTAL REVENUE $95,180

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,254

Fundraising Expenses $0

Program Expenses $110,603

Other Expenses $113,671

TOTAL EXPENSES $196,925

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,180	$80,180	+0.2%
Expenses	$196,925	$120,110	+0.6%
Net Income	$-101,745	$-39,930	+1.5%

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

$78,836

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY J WHITE	PRESIDENT	1.50	Officer Director	$0	$0	$0
LISA TOMLINSON	SECRETARY	0.25	Officer Director	$0	$0	$0
PHILLIP MUSSELWHITE	BOARD MEMBER	0.75	Director	$0	$0	$0
DANA LEIGH MCALLISTER	EXECUTIVE DIRECTOR	35.00	Officer	$57,762	$21,074	$78,836

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	$95,180	$196,925	$2,235,368	$-101,745
2023	$80,180	$120,110	$2,294,333	$-39,930
2022	$79,655	$120,344	$2,267,590	$-40,689
2021	$225,185	$112,228	$2,531,958	$112,957
2020	$2,377,502	$44,990	$2,392,382	$2,332,512

SLATE OF MIND