FOREVER KIDS (EIN 912105324) - 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

2004

Legal Domicile

Principal Officer

KATHERINE SALERNO

Phone

6263313495

Tax Period

2023-01-01 to 2023-12-31

FOREVER KIDS, founded in 2004, is a small nonprofit that reported $253K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $220K left a modest 13% surplus.

Mission

TO PROMOTE BETTERMENT OF ALL PEOPLE THROUGH CHARACTER BUILDING, LIFE PRINCIPLES, TRAITS, VALUES, PRACTICES. PRINCIPAL PURPOSE IS EDUCATIONAL AND CHARITABLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $245,881

Program Service Revenue $0

Investment Income $4

Other Revenue $6,817

TOTAL REVENUE $252,702

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,604

Fundraising Expenses $39,571

Program Expenses $164,111

Other Expenses $187,649

TOTAL EXPENSES $220,253

Year-over-Year Comparison

	2023	2022	Change
Revenue	$252,702	$228,994	+0.1%
Expenses	$220,253	$192,505	+0.1%
Net Income	$32,449	$36,489	-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

N/A

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
ROBERT DUKE	Board Member	1.00	Director	$0	$0	$0
MARK BELL	Board Member	1.00	Director	$0	$0	$0
PAUL SCHEUMACK	Board Member	1.00	Director	$0	$0	$0
ENOKA CRADLE	Board Member	1.00	Director	$0	$0	$0
MARIETTA VETTER	Board Member	0.00	Director	$0	$0	$0
ANTHONY SALERNO	President	20.00	Officer	$0	$0	$0
KATHERINE SALERNO	Secretary/Treas	30.00	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	No data	No data	No data	No data
2023	$252,702	$220,253	$108,432	$32,449
2022	$228,994	$192,505	$99,987	$36,489
2022	$192,794	$156,305	$99,987	$36,489
2021	$201,658	$169,442	$81,022	$32,216

FOREVER KIDS