JO-ELLEN YAREMA VARNER CORPORATION (EIN 852392955) - 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

KENNETH E VARNER

Phone

6503536382

Tax Period

2022-07-01 to 2023-06-30

JO-ELLEN YAREMA VARNER CORPORATION, founded in 2020, is a micro nonprofit in the Human Services sector that reported $7K in total revenue in fiscal year 2022. Revenue fell 132% from the prior year — a significant decline worth monitoring.

Mission

TO FURTHER THE CARE & SOCIAL DEVELOPMENT OF CHILDREN WITH SPECIAL NEEDS TO HAVE THE FULLEST LIFE POSSIBLE. OUR GOAL IS TO PROVIDE EDUCATIONAL RESOURCES AND CONNECTIONS TO CARE BY WORKING WITH PARENTS, CAREGIVERS, MEDICAL PROFESSIONALS, PROGRAM ADMINISTRATORS, AND FAMILIES WITH SPECIAL CHILDREN. TO DATE, THE ORGANIZATION'S MOST SIGNIFICANT ACHIEVEMENT WAS THE FORMATION OF THE CORPORATION, OBTAINING THE CORPORATION'S TAX-EXEMPT STATUS AND OBTAINING INITIAL CONTRIBUTIONS OF APPROXIMATELY $390,000 AND THE REINVESTMENT OF CONTRIBUTIONS INTO A STOCK PORTFOLIO TO GENERATE INCOME TO FURTHER THE ORGANIZATION'S MISSION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-6,858

Other Revenue $0

TOTAL REVENUE $-6,858

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $106

Program Expenses $5,642

Other Expenses $23,844

TOTAL EXPENSES $23,844

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-6,858	$21,716	-1.3%
Expenses	$23,844	$8,387	+1.8%
Net Income	$-30,702	$13,329	-3.3%

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

N/A

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
KENNETH E VARNER	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH A VARNER	DIRECTOR	1.00	Director	$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	$-6,858	$23,844	$359,080	$-30,702
2022	$21,716	$8,387	$344,898	$13,329
2021	$390,729	$6,853	$414,002	$383,876

JO-ELLEN YAREMA VARNER CORPORATION