UPSWING FOUNDATION (EIN 853622275) - 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

HARMONY MYERS

Phone

7206080259

Tax Period

2023-10-01 to 2024-09-30

UPSWING FOUNDATION, founded in 2020, is a community nonprofit in the Youth Development sector that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $2.8M exceeded revenue, resulting in a 175% operating deficit.

Mission

UPSWING FOUNDATION'S MISSION IS TO CATAPULT DREAMS AND CONNECT PEOPLE, SPECIFICALLY BY (I) PROVIDING FIRST-RATE RESOURCES & OPPORTUNITIES TO UNDERSERVED YOUTH. (II) UNIFYING DIVERSE COMMUNITIES VIA EDUCATION, WHIMSY & GATHERING. (III) BUILDING & MAINTAINING SPORTS FACILITY THAT EMPOWERS & INSPIRES ALL. (IV) SUPPORTING OTHER NONPROFIT AND FOREIGN ORGANIZATIONS THAT ALIGN BOTH IN MISSION AND APPLICATION OF FOUNDATION'S AIM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,627

Program Service Revenue $11,105

Investment Income $991,827

Other Revenue $1,723

TOTAL REVENUE $1,010,282

Expense Breakdown

Grants Paid $291,091

Salaries & Benefits $746,272

Fundraising Expenses $0

Program Expenses $2,295,390

Other Expenses $1,742,603

TOTAL EXPENSES $2,779,966

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,010,282	$915,309	+0.1%
Expenses	$2,779,966	$1,829,147	+0.5%
Net Income	$-1,769,684	$-913,838	+0.9%

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

$597,187

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARMONY MYERS	PRESIDENT	15.00	Officer Director	$0	$0	$0
JASON MYERS	SECRETARY/TREASURER	10.00	Officer Director	$0	$0	$0
SUSAN HOLLERN	DIRECTOR	1.00	Director	$0	$0	$0
JOSH WILSON	CEO	40.00	Officer	$159,549	$1,955	$366,734
TED GERBICK	CMO (THRU 7/24)	40.00	Officer	$89,706	$8,881	$230,453

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	$1,010,282	$2,779,966	$28,801,739	$-1,769,684
2023	$915,309	$1,829,147	$29,390,588	$-913,838
2022	$10,093,105	$1,720,281	$30,631,775	$8,372,824

UPSWING FOUNDATION