PUT ME IN INC

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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

MATT BLODGETT

Phone

4155175094

Tax Period

2023-01-01 to 2023-12-31

PUT ME IN INC, founded in 2020, is a small nonprofit in the Youth Development sector that reported $300K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Net assets of $977K represent 39 months of operating reserves.

Mission

OUR MISSION IS TO INCREASE ACCESS TO SPORTS FOR CHILDREN OF INCARCERATED PARENTS (CIPS). PUT ME IN! PROVIDES COMMITTED RECURRING FINANCIAL AID GRANTS TO CIPS TO SUPPORT THEIR PARTICIPATION IN ATHLETICS. ANNUAL GRANTS BEGIN WHILE A CIP IS IN ELEMENTARY OR MIDDLE SCHOOL, AND OUR SUPPORT CONTINUES THROUGH HIGH SCHOOL. OUR FINANCIAL AID HELPS COVER THE COSTS OF EQUIPMENT, REGISTRATION FEES, AND TRAVEL AND TRANSPORTATION. WE BELIEVE THAT SPORTS CAN HELP COMBAT THE MANY MENTAL HEALTH CHALLENGES AND STIGMA THAT CIPS FACE. PRESENTLY, 2.7 MILLION CHILDREN IN AMERICA HAVE A PARENT IN PRISON OR JAIL. PARENTAL INCARCERATION IS DEFINED BY THE CDC AS AN "ACE" AN ADVERSE CHILDHOOD EXPERIENCE AND IS SPECIFICALLY HIGHLIGHTED BY THE CDC FOR THE UNIQUE CHALLENGES IT PRESENTS FOR CHILDREN WITH THE COMBINED ELEMENTS OF SHAME (ABOUT THEIR PARENT'S ACTIONS OR INCARCERATION), TRAUMA (SEEING A PARENT FORCIBLY REMOVED FROM A HOME OR THEIR PRESENCE), AND SOCIAL STIGMA (A FEELING THAT 'THEY ARE MARKED OR THAT SOCIETY IS POINTING THEM OUT AS INFERIOR). SPORTS PROVIDE NUMEROUS, CLEARLY DEFINED BENEFITS FOR CHILDREN ESPECIALLY SYSTEM-IMPACTED YOUTH AND ARE SCIENTIFICALLY PROVEN TO INCREASE SELF-ESTEEM AND SELF-CONFIDENCE, WHILE IMPROVING SOCIAL SKILLS, SPORTSMANSHIP, TEAMWORK, AND CULTIVATING RESILIENCE. UNFORTUNATELY, OPPORTUNITIES FOR RECREATION ARE FREQUENTLY OUT OF REACH FOR CIPS, AS 2 IN 3 SYSTEM-IMPACTED FAMILIES HAVE DIFFICULTY MEETING BASIC FINANCIAL NEEDS, YET FINANCING A CHILD'S PARTICIPATION IN SPORTS CAN COST HUNDREDS TO THOUSANDS OF DOLLARS PER YEAR. PMI! CLOSES THIS ECONOMIC OPPORTUNITY DIVIDE FOR CIPS THROUGH A SCALABLE AND ACCESSIBLE FINANCIAL AID MODEL WHICH HELPS COVER THE COSTS OF SPORTS EQUIPMENT, REGISTRATION FEES, AND TRAVEL/TRANSPORTATION.

Program Service Accomplishments

Program 1

Expenses: $128,073

PROVIDING FINANCIAL AID TO CHILDREN OF INCARCERATED PARENTS. IN 2021, WE BUILT PARTNERSHIPS WITH MULTIPLE NONPROFITS, COMMUNITY ORGANIZATIONS, AND LOCAL GOVERNMENT ORGANIZATIONS TO ENROLL OUR FIRST 10 CHILDREN OF INCARCERATED PARENTS IN OUR PROGRAM - REPRESENTING $71,000 OF COMMITTED FINANCIAL AID. MANY OF THESE CHILDREN ARE PARTICIPATING IN SPORTS FOR THE FIRST TIME. IN 2021, WE ALSO BEGAN DESIGNING AND BUILDING SOFTWARE FOR EFFICIENT AND SCALABLE PROGRAM ADMINISTRATION.

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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 $294,319

Program Service Revenue $0

Investment Income $5,799

Other Revenue $0

TOTAL REVENUE $300,118

Expense Breakdown

Grants Paid $31,519

Salaries & Benefits $126,026

Fundraising Expenses $45,728

Program Expenses $128,073

Other Expenses $154,942

TOTAL EXPENSES $312,487

Year-over-Year Comparison

	2023	2022	Change
Revenue	$300,118	$408,841	-0.3%
Expenses	$312,487	$335,848	-0.1%
Net Income	$-12,369	$72,993	-1.2%

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

$117,218

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT BLODGETT	EXECUTIVE DIRECTOR	30.00	Officer Director	$0	$0	$0
ROBYN GLASER	CHAIRMAN	3.00	Officer Director	$0	$0	$0
TIM DIBBLE	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN GAWRELSKI	BOARD MEMBER	1.00	Director	$0	$0	$0
ALYSSA TAMBOURA	BOARD MEMBER	1.00	Director	$0	$0	$0
KHALID CANNON	PRESIDENT & CHIEF PROGRAM OFFICER	40.00	Officer	$114,583	$2,635	$117,218

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	$300,118	$312,487	$1,179,028	$-12,369
2022	$408,841	$335,848	$1,175,136	$72,993
2021	$925,118	$121,765	$994,352	$803,353