FATHER MATTERS INC (EIN 911846806) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

Vance Simms

Phone

6027743298

Tax Period

2024-01-01 to 2024-12-31

FATHER MATTERS INC, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $382K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $206K, a strong 54% operating margin.

Mission

Father Matters is dedicated to fostering growth and resilience in socially and economically underserved communities. We provide a broad range of support services, including employment and training programs, family reunification services such as parenting classes, support groups, and supervised visitation. Through personalized case management and community navigation, we connect individuals and families to vital resources-such as a food pantry, resource room, bus passes, work shoe vouchers, and community-based resource fairs-empowering them to achieve stability and long-term success.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $381,907

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $381,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,500

Program Expenses $134,050

Other Expenses $163,835

TOTAL EXPENSES $176,335

Year-over-Year Comparison

	2024	2023	Change
Revenue	$381,907	$230,434	+0.7%
Expenses	$176,335	$273,082	-0.4%
Net Income	$205,572	$-42,648	-5.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$62,770

Total Directors

Key Employees

$140,534

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jessica Beresford	Director Of Operations	40	Key Emp	$38,882	$38,882	$77,764
Vance Simms	President/CEO	40	Officer Key Emp	$31,385	$31,385	$62,770
Ursula Harris	Secretary	0	Officer	$0	$0	$0
Stuart Burns	Treasurer	0	Officer	$0	$0	$0
Artesia Scott	Other	0	Officer	$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	$381,907	$176,335	$352,658	$205,572
2023	$230,434	$273,082	$147,086	$-42,648
2022	$224,612	$174,009	$189,734	$50,603

FATHER MATTERS INC