THE SUB ABOVE FUND INC (EIN 921975210) - 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

2023

Legal Domicile

Phone

7322234044

Tax Period

2024-01-01 to 2024-12-31

THE SUB ABOVE FUND INC, founded in 2023, is a small nonprofit in the Human Services sector that reported $425K in total revenue in fiscal year 2024. Revenue surged 234% from the prior year, signaling strong growth momentum. The organization ran a surplus of $212K, a strong 50% operating margin.

Mission

THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO CURRENT EMPLOYEES OF JERSEY MIKE'S FRANCHISE SYSTEMS, LLC, ITS AFFILIATES AND JERSEY MIKE'S FRANCHISEES THAT ARE IN NEED OF ASSISTANCE DURING A DISASTER AND EMERGENCY HARDSHIP.

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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 $425,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $425,000

Expense Breakdown

Grants Paid $210,220

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $213,277

Other Expenses $3,057

TOTAL EXPENSES $213,277

Year-over-Year Comparison

	2024	2023	Change
Revenue	$425,000	$127,300	+2.3%
Expenses	$213,277	N/A	N/A
Net Income	$211,723	$127,300	+0.7%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLINE JONES	TRUSTEE/PRESIDENT/SECRETARY	1.00	Officer Director	$0	$0	$0
WALTER TOMBS	TREASURER	1.00	Officer Director	$0	$0	$0
JEFFREY HEMSCHOOT	TRUSTEE	1.00	Director	$0	$0	$0
JAMIE KAPALKO	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW CATANIA	TRUSTEE	1.00	Director	$0	$0	$0
LISA MORGAN	TRUSTEE	1.00	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	$425,000	$213,277	$222,033	$211,723

THE SUB ABOVE FUND INC