PEOPLE ARE THE WEALTH FOUNDATION (EIN 863942189) - 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

ISAIAH HENRY

Phone

9494249947

Tax Period

2023-01-01 to 2023-12-31

PEOPLE ARE THE WEALTH FOUNDATION, founded in 2021, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $45K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $140K exceeded revenue, resulting in a 212% operating deficit.

Mission

TO ELEVATE THE INHERENT WORTH AND DIGNITY IN PEOPLE BY INVESTING IN CRISIS INTERVENTION FOR INDIVIDUALS, ENTERPRISE OPPORTUNITIES FOR THE UNDER-RESOURCED TO FLOURISH, LEADERSHIP DEVELOPMENT FOR THE NEXT GENERATION, AND SUSTAINABLE COMMUNITY-CENTERED CAPITAL PROJECTS.

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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 $45,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $45,000

Expense Breakdown

Grants Paid $123,899

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,274

Other Expenses $16,385

TOTAL EXPENSES $140,284

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,000	$220,000	-0.8%
Expenses	$140,284	$46,528	+2.0%
Net Income	$-95,284	$173,472	-1.5%

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
ISAIAH HENRY	DIRECTOR & PRESIDENT	5.00	Officer Director	$0	$0	$0
BRANDON TRYON	DIRECTOR & SECRETARY	2.00	Officer Director	$0	$0	$0
JERRY BRUMMOND	DIRECTOR & TREASURER	2.00	Officer Director	$0	$0	$0
HARRISON MUNGAI	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$45,000	$140,284	$275,998	$-95,284
2022	$220,000	$46,528	$379,363	$173,472

PEOPLE ARE THE WEALTH FOUNDATION