Sound Employment Services (EIN 911376917) - 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

1987

Legal Domicile

Principal Officer

Jim Mclean

Phone

2066343459

Tax Period

2024-01-01 to 2024-12-31

Sound Employment Services, founded in 1987, is a small nonprofit in the Employment sector that reported $401K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $110K, a strong 27% operating margin.

Mission

To establish and operate a supported employment program for individuals with disabilities who are 18 years of age or older.

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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 $401,443

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $401,443

Expense Breakdown

Grants Paid $0

Salaries & Benefits $234,414

Fundraising Expenses $0

Program Expenses $182,561

Other Expenses $56,639

TOTAL EXPENSES $291,053

Year-over-Year Comparison

	2024	2023	Change
Revenue	$401,443	$367,378	+0.1%
Expenses	$291,053	$268,452	+0.1%
Net Income	$110,390	$98,926	+0.1%

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

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

$67,946

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mary Jo Webster	Executive Director	40.00	Officer	$67,946	$0	$67,946
Mim Robertson	Board Member	1.00	Director	$0	$0	$0
Sally Sue Macdonald	Board Member	1.00	Director	$0	$0	$0
Anne Rehnhart	Board Member	1.00	Director	$0	$0	$0
Claudua Macintosh	Board Member	1.00	Director	$0	$0	$0
Jill Rogers	Board Member	1.00	Director	$0	$0	$0
Jim Mclean	Chair	1.00	Officer Director	$0	$0	$0
Barbie Combs	Secretary	1.00	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	$401,443	$291,053	$451,844	$110,390
2023	$395,680	$268,451	$365,841	$127,229
2023	$367,378	$268,452	$337,538	$98,926
2022	$258,068	$267,122	$234,128	$-9,054
2021	$278,781	$219,067	$205,359	$59,714
2020	$197,125	$217,516	$179,408	$-20,391

Sound Employment Services