The Philonise and Keeta Floyd Institue (EIN 853481332) - 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

Philonise Floyd

Phone

3462288802

Tax Period

2024-01-01 to 2024-12-31

The Philonise and Keeta Floyd Institue, founded in 2020, is a small nonprofit in the Civil Rights & Advocacy sector that reported $500K in total revenue in fiscal year 2024. The organization ran a surplus of $294K, a strong 59% operating margin.

Mission

provide Social & Economic change that plagues the minority community through educational resources

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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 $500,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $500,000

Expense Breakdown

Grants Paid $69,000

Salaries & Benefits $105,782

Fundraising Expenses $9,800

Program Expenses $147,787

Other Expenses $31,124

TOTAL EXPENSES $205,906

Year-over-Year Comparison

	2024	2023	Change
Revenue	$500,000	$500,000	N/A
Expenses	$205,906	$4,306	+46.8%
Net Income	$294,094	$495,694	-0.4%

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

N/A

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

$98,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Yocharlakeeta Floyd	Executive Dir.	40.00	Director	$98,000	$0	$98,000
Philonise Floyd	President	0.00	Director	$0	$0	$0
Dana Davis	Secretary	0.00	Director	$0	$0	$0
Chiquita Hall-Jackson	Director	0.00	Director	$0	$0	$0
Carolyn Wysinger	Director	0.00	Officer	$0	$0	$0
Carris Carey	Director	0.00	Officer	$0	$0	$0
Landus Anderson	Treasurer	0.00	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	$500,000	$205,906	$797,237	$294,094
2023	$500,000	$4,306	$510,504	$495,694

The Philonise and Keeta Floyd Institue