DOWNTOWN SOUP KITCHEN INC (EIN 920141715) - 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

Principal Officer

SHERRIE LAURIE

Phone

9072774302

Tax Period

2023-09-01 to 2024-08-31

DOWNTOWN SOUP KITCHEN INC is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.5M in total revenue in fiscal year 2023.

Mission

THE DOWNTOWN SOUP KITCHEN HOPE CENTER, INSPIRED BY THE LOVE OF GOD, OFFERS THOSE IN NEED SUPPORT, SHELTER, SUSTENANCE AND SKILLS TO TRANSFORM THEIR LIVES.

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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 $2,330,846

Program Service Revenue $193,055

Investment Income $-9,353

Other Revenue $1,401

TOTAL REVENUE $2,515,949

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,184,708

Fundraising Expenses $78,111

Program Expenses $2,397,613

Other Expenses $1,383,971

TOTAL EXPENSES $2,568,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,515,949	$2,364,724	+0.1%
Expenses	$2,568,679	$2,362,670	+0.1%
Net Income	$-52,730	$2,054	-26.7%

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

2520

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

$88,315

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERRIE LAURIE	EXECUTIVE DI	40.00	Officer	$88,315	$0	$88,315
LORRAINE O'NEAL	CHAIRMAN	8.00	Officer Director	$0	$0	$0
JOHN J BENTZ	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
JAMES MARTIN	MEMBER	10.00	Director	$0	$0	$0
ANDREA MCCORMICK	MEMBER	8.00	Director	$0	$0	$0
BRAD MILLER	MEMBER	4.00	Director	$0	$0	$0
LINDA WAGGONER	MEMBER	4.00	Director	$0	$0	$0
RUTH PACK TERM BEGAN 324	MEMBER	4.00	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	$2,515,949	$2,568,679	$5,136,775	$-52,730
2023	$2,364,724	$2,362,670	$5,221,164	$2,054
2022	$2,215,412	$1,981,122	$5,350,440	$234,290
2021	$1,984,235	$1,647,052	$3,912,981	$337,183
2020	$1,453,356	$1,473,912	$3,560,578	$-20,556
2019	$1,451,876	$1,566,512	$3,584,584	$-114,636
2018	$1,406,140	$1,511,897	$3,690,185	$-105,757

DOWNTOWN SOUP KITCHEN INC