SOUTH CENTRAL PROVINCE PURPOSE FOUNDATION (EIN 932187057) - 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

Principal Officer

KENNETH MCMICHEAL SR

Phone

6154987884

Tax Period

2024-01-01 to 2024-12-31

SOUTH CENTRAL PROVINCE PURPOSE FOUNDATION, founded in 2023, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $145K in total revenue in fiscal year 2024. Revenue surged 1281% from the prior year, signaling strong growth momentum. The organization ran a surplus of $26K, a strong 18% operating margin.

Mission

WE WORK TO ASSIST THOSE PARENTS FOR WHOM A SELF-SUSTAINING LIFESTYLE IS BEYOND THEIR ABILITIES. WE WILL PROVIDE RESOURCES TO HOMELESS CHILDREN IN PUBLIC SCHOOL SYSTEMS TO ENSURE THEIR FAMILIES TRANSITION TOWARDS SELF-SUSTAINING FUTURES.

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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 $145,329

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $145,329

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,682

Other Expenses $119,302

TOTAL EXPENSES $119,302

Year-over-Year Comparison

	2024	2023	Change
Revenue	$145,329	$10,523	+12.8%
Expenses	$119,302	$1,690	+69.6%
Net Income	$26,027	$8,833	+1.9%

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
DR TERRY ESPER	BOARD MEMBER	10.00	Director	$0	$0	$0
DR RICKY JONES	BOARD MEMBER	10.00	Director	$0	$0	$0
DR RICK SMITH SR	BOARD MEMBER	10.00	Director	$0	$0	$0
DR QUINCY BYRDSONG	BOARD MEMBER	10.00	Director	$0	$0	$0
DR CHANTAY DILLARD	PRESIDENT	10.00	Officer	$0	$0	$0
DR RICHARD MCCARTY	VICE PRESIDENT	10.00	Officer	$0	$0	$0
KENNETH MCMICHAEL SR	TREASURER	10.00	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	$145,329	$119,302	$34,860	$26,027

SOUTH CENTRAL PROVINCE PURPOSE FOUNDATION