Performing Solutions Inc Nonprofit (EIN 872219887) - 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

2024

Legal Domicile

Phone

4153040491

Tax Period

2024-01-01 to 2024-12-31

Performing Solutions Inc Nonprofit, founded in 2024, is a small nonprofit in the Employment sector that reported $421K in total revenue in fiscal year 2024. Expenses of $379K left a modest 10% surplus.

Mission

At Performing Solutions, we exist for individuals who have been overlooked, underserved, or failed by traditional systems. As a nonprofit workforce training provider, our mission is not volume or profit its lasting impact. We serve people who are ready to work, willing to learn, and deserving of real opportunity not shortcuts or empty promises.

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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 $370,500

Program Service Revenue $50,505

Investment Income $0

Other Revenue $0

TOTAL REVENUE $421,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $156,698

Fundraising Expenses $211

Program Expenses $306,525

Other Expenses $222,242

TOTAL EXPENSES $378,940

Year-over-Year Comparison

	2024	2023	Change
Revenue	$421,005	N/A	N/A
Expenses	$378,940	N/A	N/A
Net Income	$42,065	N/A	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

N/A

Employees

N/A

Volunteers

N/A

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
Earl Grays	CEO	40.00	Officer	$0	$0	$0
Steve Rice	CFO	20.00	Officer	$0	$0	$0
Sheavon Williams	COO	20.00	Officer	$0	$0	$0
Monique Johnson	COO	20.00	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
2024	$421,005	$378,940	$129,775	$42,065

Performing Solutions Inc Nonprofit