SITE READINESS FOR GOOD JOBS FUND (EIN 933068183) - 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

BRAD WHITEHEAD

Phone

2166985801

Tax Period

2023-08-01 to 2023-12-31

SITE READINESS FOR GOOD JOBS FUND, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $196K in total revenue in fiscal year 2023.

Mission

AT THE SITE READINESS FUND, OUR MISSION IS TO CATALYZE SUSTAINABLE ECONOMIC REVITALIZATION IN CLEVELAND BY REACTIVATING DISINVESTED PROPERTIES, CREATING JOB OPPORTUNITIES, AND FOSTERING COMMUNITY PROSPERITY.

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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 $195,320

Program Service Revenue $0

Investment Income $492

Other Revenue $0

TOTAL REVENUE $195,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,074

Fundraising Expenses $0

Program Expenses $71,629

Other Expenses $145,345

TOTAL EXPENSES $206,419

Year-over-Year Comparison

	2023	2022	Change
Revenue	$195,812	N/A	N/A
Expenses	$206,419	N/A	N/A
Net Income	$-10,607	N/A	N/A

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

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

$36,068

Total Directors

$36,068

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD WHITEHEAD	CEO	40.00	Officer Director	$32,587	$3,481	$36,068
FRED NANCE	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
STEPHANIE MCHENRY	BOARD SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
JOAN CHASE	BOARD MEMBER	1.00	Director	$0	$0	$0
ANTHONY HAIRSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
BEN MCADAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
LYNIER RICHARDSON	BOARD MEMBER	1.00	Director	$0	$0	$0
SHELLEY ROTH	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES SLIFE	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBBIE BERRY	BOARD MEMBER	1.00	Director	$0	$0	$0
GUS FRANGOS DECEASED 8-12-24	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINE NELSON	BOARD MEMBER	1.00	Director	$0	$0	$0
BRADFORD DAVEY	BOARD MEMBER	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	No data	No data	No data	No data
2023	$195,812	$206,419	$865,484	$-10,607

SITE READINESS FOR GOOD JOBS FUND