THINGS OF MY VERY OWN INC (EIN 900370316) - 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

2008

Legal Domicile

Principal Officer

RAYN BONCIE

Phone

5186305143

Tax Period

2024-01-01 to 2024-12-31

THINGS OF MY VERY OWN INC, founded in 2008, is a small nonprofit in the Human Services sector that reported $963K in total revenue in fiscal year 2024. The organization ran a surplus of $345K, a strong 36% operating margin.

Mission

THINGS OF MY VERY OWN, INC. PROVIDES CRISIS INTERVENTION SERVICES AND PROGRAMS TO CHILDREN WHO HAVE BEEN IMPACTED BY EXTENSIVE ABUSE AND/OR NEGLECT. THE ORGANIZATION ALSO PROVIDES SERVICES TO CHILDREN AND FAMILIES WHO ARE AT-RISK OF A CHILD PROTECTIVE SERVICES INTERVENTION SOLELY DUE TO NOT HAVING ITEMS NECESSARY FOR SUSTAINABILITY. THE ORGANIZATION WORKS TO KEEP CHILDREN WITH THEIR NON-ABUSIVE FAMILY MEMBERS AND OUT OF THE FOSTER CARE SYSTEM WHENEVER POSSIBLE.

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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 $895,689

Program Service Revenue $0

Investment Income $66,722

Other Revenue $462

TOTAL REVENUE $962,873

Expense Breakdown

Grants Paid $136,619

Salaries & Benefits $257,628

Fundraising Expenses $0

Program Expenses $522,988

Other Expenses $223,196

TOTAL EXPENSES $617,443

Year-over-Year Comparison

	2024	2023	Change
Revenue	$962,873	$916,246	+0.1%
Expenses	$617,443	$460,966	+0.3%
Net Income	$345,430	$455,280	-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

Employees

Volunteers

400

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

$110,335

Total Directors

$110,335

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYN BONCIE	VP/CEO/PROG DIR	40.00	Officer Director	$110,335	$0	$110,335
FRANK GRANIERO	CHAIR	10.00	Officer Director	$0	$0	$0
PAUL GIACALONE	Secretary	2.00	Officer Director	$0	$0	$0
BERNADETTE MCDANIEL	Treasurer	2.00	Officer 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	$962,873	$617,443	$2,560,398	$345,430
2023	$916,246	$460,966	$2,223,191	$455,280
2022	$966,374	$574,123	$1,764,934	$392,251
2021	$989,028	$582,076	$1,361,808	$406,952
2020	$1,247,572	$847,611	$1,020,100	$399,961
2019	$675,661	$541,129	$613,519	$134,532
2018	$651,126	$648,082	$512,526	$3,044

THINGS OF MY VERY OWN INC