SIMPTER FOUNDATION (EIN 852830498) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

KENNEDY E LEE

Phone

7023331711

Tax Period

2021-01-01 to 2021-12-31

SIMPTER FOUNDATION, founded in 2020, is a micro nonprofit in the Crime & Legal sector that reported $99K in total revenue in fiscal year 2021. The organization ran a surplus of $49K, a strong 49% operating margin.

Mission

TO PROVIDE VERY LOW OR NO COST LEGAL SERVICES TO ASSIST LOW-INCOME INDIVIDUALS HANDLE ESTATE AND PROBATE ADMINISTRATION UPON THE DEATH OF A LOVED ONE.OUR ORGANIZATION IS CHARITABLE AS DEFINED IN TREAS. REG. 1.501(C)(3)-1(D)(2) AND EDUCATIONAL AS DEFINED IN TREAS. REG. 1.501(C)(3)-1(D)(3) AND OPERATES EXCLUSIVELY TO ASSIST LOW INCOME INDIVIDUALS WITH LEGAL SERVICES IN ACCORDANCE WITH REV. RUL. 78-428, REV. RUL. 72-559, AND REV. RUL. 69-161. OUR ORGANIZATION WILL PROVIDE LEGAL ASSISTANCE IN CLARK COUNTY, NEVADA WITH THE HELP OF VOLUNTEER ATTORNEYS AND PARALEGALS.PROBATE IS THE LEGAL PROCESS BY WHICH THE RECENTLY DECEASED ESTATE IS SETTLED. THE PROCESS MAY INCLUDE PAYMENT OF DEBTS, MARSHALING OF ASSETS, THE SALE OF PROPERTY AND DISTRIBUTION TO HEIRS OR BENEFICIARIES.NEVADA PROBATE IS GOVERNED BY TITLE 12 OF THE NEVADA REVISED STATUTES, PART IV OF THE EIGHTH JUDICIAL DISTRICT RULES, CLARK COUNTY, NEVADA, THE RULES OF CIVIL PROCEDURE AND

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $100,000

Program Service Revenue $0

Investment Income $0

Other Revenue $-919

TOTAL REVENUE $99,081

Expense Breakdown

Grants Paid $1,800

Salaries & Benefits $15,660

Fundraising Expenses $0

Program Expenses $12,327

Other Expenses $33,061

TOTAL EXPENSES $50,521

Year-over-Year Comparison

	2021	2020	Change
Revenue	$99,081	$100,000	0.0%
Expenses	$50,521	$42,207	+0.2%
Net Income	$48,560	$57,793	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$15,660

Total Directors

$15,660

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNEDY E LEE	PRESIDENT	6.00	Officer Director	$0	$15,660	$15,660
MEGAN LEE	VICE PRESIDENT	1.00	Officer 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
2021	$99,081	$50,521	$113,734	$48,560
2020	$100,000	$42,207	$101,989	$57,793

SIMPTER FOUNDATION