PHOENIX AKARAMA FOUNDATION INC (EIN 860774093) - 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

1994

Legal Domicile

Principal Officer

Shawn E Gear

Phone

6025104032

Tax Period

2022-01-01 to 2022-12-31

PHOENIX AKARAMA FOUNDATION INC, founded in 1994, is a micro nonprofit in the Education sector that reported $53K in total revenue in fiscal year 2022. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $72K exceeded revenue, resulting in a 36% operating deficit.

Mission

COMMUNITY OUTREACH SCHOLARSHIP FUNDS

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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 (2022)

Revenue Breakdown

Contributions & Grants $16,628

Program Service Revenue $0

Investment Income $4

Other Revenue $36,073

TOTAL REVENUE $52,705

Expense Breakdown

Grants Paid $25,839

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,848

Other Expenses $45,676

TOTAL EXPENSES $71,515

Year-over-Year Comparison

	2022	2021	Change
Revenue	$52,705	$132,918	-0.6%
Expenses	$71,515	$53,929	+0.3%
Net Income	$-18,810	$78,989	-1.2%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAWN E GEAR	PRESIDENT	5.00	Officer	$0	$0	$0
LISA DAVIS	TREASURER	5.00	Officer	$0	$0	$0
ANGELA JOHNSON	1ST VP	5.00	Officer	$0	$0	$0
DESHENIA MARTIN	SECRETARY	5.00	Officer	$0	$0	$0
SHERRY A MCFADDEN	VP	2.00	Officer	$0	$0	$0
CARLA GENTLES	DIRECTOR	2.00	Officer	$0	$0	$0
EULA SAXON DEAN	DIRECTOR	2.00	Officer	$0	$0	$0
LAVERN TARKINGTON	DIRECTOR	2.00	Officer	$0	$0	$0
MICHELLE ADAIR	DIRECTOR	2.00	Officer	$0	$0	$0
ROCHONNE SIMMONS	DIRECTOR	2.00	Officer	$0	$0	$0
TETONIA BLOSSOM	DIRECTOR	2.00		$0	$0	$0
TONETTE ECHOLS	DIRECTOR	2.00	Officer	$0	$0	$0
TRACY LEWIS	DIRECTOR	2.00	Officer	$0	$0	$0
VERNITA PERRY	DIRECTOR	2.00	Officer	$0	$0	$0
KIRA GATEWOOD	DIRECTOR	2.00	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
2022	$52,705	$71,515	$374,180	$-18,810
2021	$132,918	$53,929	$392,384	$78,989
2020	$85,408	$31,673	$313,394	$53,735
2019	$108,627	$87,770	$259,659	$20,857
2018	$147,885	$82,906	$238,800	$64,979

PHOENIX AKARAMA FOUNDATION INC