STRIVE FOR FIVE FOUNDATION INC (EIN 920869312) - 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

2022

Principal Officer

KIM PARSONS

Phone

4435120090

Tax Period

2024-01-01 to 2024-12-31

STRIVE FOR FIVE FOUNDATION INC, founded in 2022, is a micro nonprofit in the Community Improvement sector that reported $27K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 15% operating margin.

Mission

THE STRIVE FOR FIVE FOUNDATION, FOUNDED IN 2022, HONORS DIANE MAHAFFEY'S LEGACY OF PERFORMING FIVE ACTS OF KINDNESS DAILY. THE FOUNDATION, ROOTED IN HARFORD COUNTY, MARYLAND, CONTINUES HER PHILANTHROPIC SPIRIT BY ORGANIZING COMMUNITY FUNDRAISING EVENTS. THESE EVENTS FINANCE GRANTS AND CONTRIBUTIONS, ENABLING VOLUNTEERS TO ENGAGE IN DIRECT COMMUNITY SERVICE THROUGHOUT THE REGION

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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 $26,525

Program Service Revenue $0

Investment Income $182

Other Revenue $0

TOTAL REVENUE $26,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $9,369

Program Expenses $9,652

Other Expenses $22,675

TOTAL EXPENSES $22,675

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,707	$17,524	+0.5%
Expenses	$22,675	$14,891	+0.5%
Net Income	$4,032	$2,633	+0.5%

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

N/A

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 FRANCE	TREASURER	2.00	Director	$0	$0	$0
SANDRA HOPKINS	SECRETARY	2.00	Director	$0	$0	$0
CINDY MULLER	BOARD MEMBER	2.00	Director	$0	$0	$0
KIM PARSONS	PRESIDENT	2.00	Director	$0	$0	$0
KIM TAYLOR	VICE PRESIDE	2.00	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	$26,707	$22,675	$20,283	$4,032
2023	$17,524	$14,891	$16,251	$2,633

STRIVE FOR FIVE FOUNDATION INC