FAMILY PICTURES INSTITUTE FOR INCLUSIVE STORYTELLING INC (EIN 872724276) - 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

2022

Legal Domicile

Phone

6463215770

Tax Period

2024-01-01 to 2024-12-31

FAMILY PICTURES INSTITUTE FOR INCLUSIVE STORYTELLING INC, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $561K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $659K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO REVALUE AND PROMULGATE THE USE OF THE FAMILY ALBUM TO BUILD THE COMMUNITY BY ILLUMINATING SHARED VALUES AND EXPERIENCES AS HUMAN BEINGS AND TRANSFORM STRANGERS INTO FAMILY IN ORDER TO CREATE A MORE INCLUSIVE AND EMPATHETIC SOCIETY.

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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 $561,386

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $561,386

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $658,910

Other Expenses $659,254

TOTAL EXPENSES $659,254

Year-over-Year Comparison

	2024	2023	Change
Revenue	$561,386	$635,510	-0.1%
Expenses	$659,254	$312,712	+1.1%
Net Income	$-97,868	$322,798	-1.3%

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	Role	Reportable Comp	Other Comp	Total
THOMAS ALLEN HARRIS	Director	Director	$0	$0	$0
DONALD L PERRY II	Director	Director	$0	$0	$0
JOANNE BUTCHER	Director	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	$561,386	$659,254	$246,421	$-97,868
2023	$635,510	$312,712	$344,289	$322,798
2022	$302,154	$280,663	$21,491	$21,491

FAMILY PICTURES INSTITUTE FOR INCLUSIVE STORYTELLING INC