Averys Light (EIN 874459489) - 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

Principal Officer

Kevin Bland

Phone

9703815377

Tax Period

2024-01-01 to 2024-12-31

Averys Light, founded in 2022, is a small nonprofit in the Human Services sector that reported $246K in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $216K left a modest 13% surplus.

Mission

WE PROVIDE FUNDING AND FINANCIAL SERVICES TO FAMILIES WITH SPECIAL NEEDS CHILDREN. WE ASSIST FAMILIES SO THEY CAN TAKE ADVANTAGE OF OPPORTUNITIES THAT ENABLE THEIR CHILDREN, AND THEMSELVES, TO PARTICIPATE IN BOTH EDUCATIONAL AND THERAPEUTIC ACTIVITIES THEY NORMALLY WOULD NOT HAVE THE ABILITY TO DO.

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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 $284,522

Program Service Revenue $0

Investment Income $2

Other Revenue $-38,132

TOTAL REVENUE $246,392

Expense Breakdown

Grants Paid $125,129

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $209,220

Other Expenses $90,438

TOTAL EXPENSES $215,567

Year-over-Year Comparison

	2024	2023	Change
Revenue	$246,392	$141,679	+0.7%
Expenses	$215,567	$116,354	+0.9%
Net Income	$30,825	$25,325	+0.2%

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
Colleen Carrico	Director	1.00	Director	$0	$0	$0
Kristen Bland	Executive Dir.	5.00	Director	$0	$0	$0
Johnny Rothones	Director	1.00	Director	$0	$0	$0
Kevin Bland	Executive Dir.	1.00	Director	$0	$0	$0
Sean Cherry	Director	1.00	Director	$0	$0	$0
Valerie Schuman	Director	3.00	Director	$0	$0	$0
Ryan Lundquist	Director	1.00	Director	$0	$0	$0
Josh Ambrose	Director	1.00	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	$246,392	$215,567	$94,351	$30,825
2023	$141,679	$116,354	$66,526	$25,325

Averys Light