MADE FOR MORE FOUNDATION INC (EIN 853032251) - 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

JOEL ROMELUS

Phone

7869553108

Tax Period

2024-01-01 to 2024-12-31

MADE FOR MORE FOUNDATION INC, founded in 2020, is a small nonprofit in the Youth Development sector that reported $359K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum.

Mission

OUR MISSION IS TO MENTOR AND INSPIRE STUDENT-ATHLETES THROUGH FAITH BASED TEACHINGS, WORKSHOPS, AND COMMUNITY INVOLVEMENT. WE SEE A WORLD WHERE STUDENT-ATHLETES KNOW THEIR WORTH,LIVE WITH PURPOSE, AND INVEST BACK INTO THEIR COMMUNITIES.

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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 $354,970

Program Service Revenue $0

Investment Income $2,540

Other Revenue $1,642

TOTAL REVENUE $359,152

Expense Breakdown

Grants Paid $0

Salaries & Benefits $181,872

Fundraising Expenses $32,738

Program Expenses $180,387

Other Expenses $171,911

TOTAL EXPENSES $360,720

Year-over-Year Comparison

	2024	2023	Change
Revenue	$359,152	$234,000	+0.5%
Expenses	$360,720	$175,862	+1.1%
Net Income	$-1,568	$58,138	-1.0%

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

$76,231

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL ROMELUS	PRESIDENT	40.00	Officer	$76,231	$0	$76,231
LATROY STRAPPY	DIRECTOR	5.00	Director	$0	$0	$0
EDDIE DANIELS	DIRECTOR	5.00	Director	$0	$0	$0
DAKEYAN GRAHAM	DIRECTOR	5.00	Director	$0	$0	$0
RYAN BEACHER	DIRECTOR	5.00	Director	$0	$0	$0
JORGE MUNOZ	CHAIRMAN OF THE BOARD	10.00	Director	$0	$0	$0
DAPHNEE CAMILLE	DIRECTOR	5.00	Director	$0	$0	$0
JASON HURST	DIRECTOR	5.00	Director	$0	$0	$0
MARCUS FORD	TREASURER	10.00	Officer	$0	$0	$0
MARIE CAMILLE	SECRETARY	5.00	Officer	$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	$359,152	$360,720	$95,861	$-1,568
2023	$234,000	$175,862	$101,425	$58,138

MADE FOR MORE FOUNDATION INC