PAYNE FOUNDATION (EIN 880396368) - 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

1999

Legal Domicile

Principal Officer

STEVEN TEPPER

Phone

7028966482

Tax Period

2024-01-01 to 2024-12-31

PAYNE FOUNDATION, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $642K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 20% operating margin.

Mission

DRIVER'S EDGE IS A NON-PROFIT ORGANIZATION AND PUBLIC CHARITY DEDICATED TO ONE SIMPLE THING - TEACHING YOUNG DRIVERS WHAT'S NOT BEING TAUGHT IN TRADITIONAL DRIVER'S EDUCATION. OUR SOLE MISSION IS TO HELP SAVE LIVES WITH OUR UNIQUE AND INNOVATIVE BEHIND THE WHEEL PROGRAM.

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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 $642,444

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $642,444

Expense Breakdown

Grants Paid $0

Salaries & Benefits $220,720

Fundraising Expenses $18,381

Program Expenses $454,156

Other Expenses $295,696

TOTAL EXPENSES $516,416

Year-over-Year Comparison

	2024	2023	Change
Revenue	$642,444	$405,383	+0.6%
Expenses	$516,416	$374,139	+0.4%
Net Income	$126,028	$31,244	+3.0%

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

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

$205,968

Total Directors

$205,968

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN TEPPER	COO	40.00	Officer Director	$92,500	$15,028	$107,528
JEFF PAYNE	CEO	40.00	Officer Director	$92,500	$5,940	$98,440

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	$642,444	$516,416	$218,807	$126,028
2023	$405,383	$374,139	$92,734	$31,244
2022	$390,001	$370,190	$61,536	$19,811
2021	$119,668	$158,096	$41,679	$-38,428
2020	$166,610	$155,248	$80,152	$11,362
2019	$372,843	$383,342	$68,745	$-10,499
2018	$430,711	$404,626	$79,244	$26,085

PAYNE FOUNDATION