SKYVIEW UNLIMITED INC

🔒

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

2023

Legal Domicile

Principal Officer

HOWARD EDDINGS

Phone

9013500661

Tax Period

2023-10-01 to 2024-09-30

SKYVIEW UNLIMITED INC, founded in 2023, is a micro nonprofit in the Youth Development sector that reported $294K in total revenue in fiscal year 2023. Revenue fell 121% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION IS A PUBLIC BENEFIT CORPORATION THAT IS A SUPPORTING ORGANIZATION OF REDZONE MEMPHIS, INC., A TENNESSEE NONPROFIT CORPORATION.

Program Service Accomplishments

Program 1

THE ORGANIZATION OWNS REAL ESTATE FOR THE BENEFIT OF REDZONE MEMPHIS, INC.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $-293,866

TOTAL REVENUE $-293,866

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,257

TOTAL EXPENSES $2,257

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-293,866	$1,419,617	-1.2%
Expenses	$2,257	$32,403	-0.9%
Net Income	$-296,123	$1,387,214	-1.2%

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

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

$121,825

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOWARD EDDINGS	BOARD MEMBER	2.00	Director	$0	$1,825	$121,825
JESSIE MASON	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
GREGORY MATHIS	BOARD CHAIR	2.00	Officer 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	$-293,866	$2,257	$9,760,768	$-296,123
2023	$1,419,617	$32,403	$10,014,073	$1,387,214