FORGET ME KNOT CHILDREN AND YOUTH SERVICES (EIN 853978749) - 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

2022

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

FORGET ME KNOT CHILDREN AND YOUTH SERVICES, founded in 2022, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $2.5M exceeded revenue, resulting in a 19% operating deficit.

Mission

PROVIDE SOCIAL, VOCATIONAL, AND EMERGENCY RESIDENTIAL SERVICES TO YOUNG ADULTS IN THE PHILADELPHIA AREA.

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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 $30,000

Program Service Revenue $2,042,409

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,072,409

Expense Breakdown

Grants Paid $1,275

Salaries & Benefits $850,782

Fundraising Expenses $2,350

Program Expenses $993,793

Other Expenses $1,611,904

TOTAL EXPENSES $2,466,311

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,072,409	$1,541,854	+0.3%
Expenses	$2,466,311	$1,614,307	+0.5%
Net Income	$-393,902	$-72,453	+4.4%

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

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

$172,676

Key Employees

$163,907

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
TANISHA MECCA ROBINSON	CEO	Director Highest	$172,676	$0	$172,676
SHEREE PARKER	COO & EXECUTIVE DIRECTOR	Key Emp	$163,907	$0	$163,907
NATHANIEL J WILLIAMS	PRESIDENT	Director	$0	$0	$0
DIONNE LONG	BOARD TREASURER	Director	$0	$0	$0
BIANCA WALIDDIN	EXECUTIVE DIRECTOR	Director	$0	$0	$0
JAMEELA WILLIAMS	BOARD VICE-CHAIR	Director	$0	$0	$0
BONNIE UDITSKY	BOARD MEMBER	Director	$0	$0	$0
DAVID KRAIN	BOARD SECRETARY	Director	$0	$0	$0
RYSHEE SHAW	BOARD MEMBER	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	$2,072,409	$2,466,311	$1,836,707	$-393,902
2023	$1,541,854	$1,614,307	$2,347,255	$-72,453
2022	$898,120	$656,458	$995,895	$241,662

FORGET ME KNOT CHILDREN AND YOUTH SERVICES