WILLIE AND AIKISHA COLON FOUNDATION INC (EIN 882237516) - 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

2023

Legal Domicile

Principal Officer

AIKISHA COLON

Phone

7182496688

Tax Period

2024-01-01 to 2024-12-31

WILLIE AND AIKISHA COLON FOUNDATION INC, founded in 2023, is a micro nonprofit in the Community Improvement sector that reported $97K in total revenue in fiscal year 2024. Revenue surged 467% from the prior year, signaling strong growth momentum.

Mission

THROUGH OUR FOUR PROGRAM INITIATIVES THE FOUNDATION WORKS TO FOSTER LOCAL GROWTH AND PROSPERITY. THESE PROGRAMS UNDERSCORE OUR DEDICATION TO THE WELL BEING OF INDIVIDUALS AND OUR COLLECTIVE COMMUNITY THROUGH ECONOMIC DEVELOPMENT; EDUCATION PREPARATION; HEATH AND WELLNESS AND YOUTH SPORTS.

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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 $96,759

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $96,759

Expense Breakdown

Grants Paid $90,050

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $90,050

Other Expenses $9,679

TOTAL EXPENSES $99,729

Year-over-Year Comparison

	2024	2023	Change
Revenue	$96,759	$17,062	+4.7%
Expenses	$99,729	$16,578	+5.0%
Net Income	$-2,970	$484	-7.1%

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

125

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
AIKISHA COLON	EXECUTIVE DIRECTOR	40.00	Director	$0	$0	$0
WILLIE COLON	FOUNDER	0.00		$0	$0	$0
THOMAS MADIGAN	TREASURER	0.00		$0	$0	$0
TONETTE R EARL	SECRETARY	0.00		$0	$0	$0
RITA SINKFIELD BELIN	BOARD MEMBER	0.00		$0	$0	$0
DR LOUIS E FIERRO JR	BOARD MEMBER	0.00		$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	$96,759	$99,729	$746	$-2,970

WILLIE AND AIKISHA COLON FOUNDATION INC