PROJECT SOL FLOWER (EIN 882086566) - 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

LENEE KOCH

Phone

3035982277

Tax Period

2024-01-01 to 2024-12-31

PROJECT SOL FLOWER, founded in 2022, is a small nonprofit in the Health Care sector that reported $258K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 39% operating margin.

Mission

PROJECT SOL FLOWER IS DEDICATED TO PROVIDING EXPERIENCES, MEMORIES, AND BUCKET LIST FULFILLMENT FOR YOUNG ADULTS AGES 18 TO 26 DIAGNOSED WITH CANCER OR CRITICAL ILLNESSES WHILE ALSO OFFERING SUPPORT TO THEIR FAMILIES AS NEEDED.

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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 $285,162

Program Service Revenue $0

Investment Income $0

Other Revenue $-26,751

TOTAL REVENUE $258,411

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,000

Fundraising Expenses $0

Program Expenses $142,865

Other Expenses $101,640

TOTAL EXPENSES $156,640

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,411	$188,272	+0.4%
Expenses	$156,640	$108,934	+0.4%
Net Income	$101,771	$79,338	+0.3%

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

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LENEE KOCH	PRESIDENT	5.00	Officer Director	$0	$0	$0
PAUL KOCH	DIRECTOR	2.00	Officer Director	$0	$0	$0
ERIN ENTLICH	DIRECTOR	2.00	Director	$0	$0	$0
BRYAN BERUMEN	DIRECTOR	2.00	Director	$0	$0	$0
JESSICA BERUMEN	DIRECTOR	15.00	Director	$0	$0	$0
JOE MORIN	DIRECTOR	5.00	Director	$0	$0	$0
KRISTEN MORIN	DIRECTOR	2.00	Director	$0	$0	$0
KATHY BERUMEN	DIRECTOR	10.00	Officer Director	$0	$0	$0
LISA KOCH	DIRECTOR	2.00	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	$258,411	$156,640	$319,556	$101,771

PROJECT SOL FLOWER