QT'S PROMOTIONS LLC (EIN 861677392) - 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

2021

Legal Domicile

Principal Officer

LAQUITA TALLEY

Phone

2706044577

Tax Period

2024-01-01 to 2024-12-31

QT'S PROMOTIONS LLC, founded in 2021, is a micro nonprofit in the Unknown sector that reported $49K in total revenue in fiscal year 2024. The organization ran a surplus of $9K, a strong 18% operating margin.

Mission

A CHANGE: TURNING GOSPEL QUARTET INTO MINISTRY

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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 $25,116

Program Service Revenue $0

Investment Income $0

Other Revenue $24,248

TOTAL REVENUE $49,364

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,198

Other Expenses $40,241

TOTAL EXPENSES $40,241

Year-over-Year Comparison

	2024	2023	Change
Revenue	$49,364	N/A	N/A
Expenses	$40,241	N/A	N/A
Net Income	$9,123	$0	N/A

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
LAQUITA TALLEY	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOSH QUARLES	VICE PRSIDENT	5.00	Officer Director	$0	$0	$0
JOQUELA SMALL	SECRETARY	5.00	Officer Director	$0	$0	$0
NORMA J WILLIAMS	TREASURER	5.00	Officer Director	$0	$0	$0
NICHOLE HOCUTT	OFFICER	5.00	Officer Director	$0	$0	$0
TRACY ROBINSON	MEMBER	5.00	Director	$0	$0	$0
LOVERN TALLEY	MEMBER	5.00	Director	$0	$0	$0
SHERRI JONES	MEMBER	5.00	Director	$0	$0	$0
JANICE BELL	MEMBER	5.00	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	$49,364	$40,241	$9,154	$9,123

QT'S PROMOTIONS LLC