Inspiring Minds Raleigh-Durham Inc (EIN 862159341) - 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

Bree Elzy

Phone

3307660685

Tax Period

2022-01-01 to 2022-12-31

Inspiring Minds Raleigh-Durham Inc, founded in 2021, is a small nonprofit in the Youth Development sector that reported $254K in total revenue in fiscal year 2022. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $119K, a strong 47% operating margin.

Mission

TO ENGAGE INSPIRE AND EMPOWER YOUTH TO REACH THEIR FULL POTENTIAL THROUGH EDUCATION AND EXPOSURE TO LIFE CHANGING EXPERIENCES.

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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 $252,817

Program Service Revenue $0

Investment Income $0

Other Revenue $845

TOTAL REVENUE $253,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,398

Fundraising Expenses $0

Program Expenses $85,956

Other Expenses $50,115

TOTAL EXPENSES $134,513

Year-over-Year Comparison

	2022	2021	Change
Revenue	$253,662	$144,470	+0.8%
Expenses	$134,513	$143,813	-0.1%
Net Income	$119,149	$657	+180.4%

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

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

$78,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bree Elzy	Executive Dir.	40.00	Officer	$78,400	$0	$78,400
Dr Shaundra Daily	President	10.00	Officer Director	$0	$0	$0
Charmaine Grafton	Vice President	10.00	Officer Director	$0	$0	$0
Isaac Roach	Board Member	10.00	Director	$0	$0	$0
Dr Kim Stansbury	Board Member	10.00	Director	$0	$0	$0
Rev Bernadine Anthony	Board Member	10.00	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
2022	$253,662	$134,513	$121,719	$119,149

Inspiring Minds Raleigh-Durham Inc