Starfish Connection Inc (EIN 880637386) - 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

Lindsay Soleimani

Phone

8057229847

Tax Period

2024-07-01 to 2025-06-30

Starfish Connection Inc, founded in 2022, is a small nonprofit in the Human Services sector that reported $654K in total revenue in fiscal year 2024. Revenue surged 2008% from the prior year, signaling strong growth momentum. Expenses of $589K left a modest 10% surplus.

Mission

The organization provides crisis funding to individuals and families with emergency financial needs that cannot be met by other organizations or government funding.

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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 $625,608

Program Service Revenue $0

Investment Income $17,218

Other Revenue $10,730

TOTAL REVENUE $653,556

Expense Breakdown

Grants Paid $161,620

Salaries & Benefits $327,519

Fundraising Expenses $109,738

Program Expenses $283,079

Other Expenses $99,723

TOTAL EXPENSES $588,862

Year-over-Year Comparison

	2024	2023	Change
Revenue	$653,556	$31,002	+20.1%
Expenses	$588,862	$391,379	+0.5%
Net Income	$64,694	$-360,377	-1.2%

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

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

$117,108

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sarah Abrams	Executive Director	032.00	Officer	$117,108	$0	$117,108
Alana Griffin	Treasurer	002.00	Officer Director	$0	$0	$0
Lindsay Soleimani	Chair	003.00	Officer Director	$0	$0	$0
Josh Mejia	Director	003.00	Director	$0	$0	$0
Adam Stempel	Director	001.00	Director	$0	$0	$0
Dianne Deras Kirkwood	Director	001.00	Director	$0	$0	$0
David Cecilio Hernandez	Secretary	001.00	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
2025	$653,556	$588,862	$343,457	$64,694
2024	$31,002	$391,379	$264,729	$-360,377
2023	$556,075	$294,876	$622,173	$261,199
2022	$360,800	$2	$360,798	$360,798

Starfish Connection Inc