Source Course Inc (EIN 852722837) - 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

2019

Legal Domicile

Principal Officer

Candy Burge

Phone

5122940036

Tax Period

2024-01-01 to 2024-12-31

Source Course Inc, founded in 2019, is a small nonprofit in the Human Services sector that reported $229K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum.

Mission

Source Course educates entrepreneurs to deepen their self-awareness by introducing the concepts of neuroscience animal science and transpersonal psychology through guided meditation to change the profit-driven paradigm into a dharma thirst quest. Source Course is in Beta testing stage. We host 4-day clinics to instruct the methodology required for this shift.

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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 $228,740

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $228,740

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $227,732

TOTAL EXPENSES $227,732

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,740	$154,479	+0.5%
Expenses	$227,732	$154,479	+0.5%
Net Income	$1,008	$0	N/A

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

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
Candy Burge	Director	35.00	Officer Director	$0	$0	$0
Leah Burge	Trustee	1.00	Director	$0	$0	$0
Shannon Pollock	Trustee	0.00	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
2024	$228,740	$227,732	$8,589	$1,008
2023	$154,476	$153,468	$8,589	$1,008
2022	$273,650	$283,330	$7,581	$-9,680
2021	$218,207	$205,365	$17,261	$12,842

Source Course Inc