SPARE A DIME INC (EIN 943147635) - 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

1991

Legal Domicile

Principal Officer

CAMERON FARRELL

Phone

5302510701

Tax Period

2023-07-01 to 2024-06-30

SPARE A DIME INC, founded in 1991, is a small nonprofit in the Religion sector that reported $724K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $648K left a modest 11% surplus.

Mission

FEED AND HOUSE THE NEEDY

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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 $723,639

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $723,639

Expense Breakdown

Grants Paid $0

Salaries & Benefits $329,469

Fundraising Expenses $0

Program Expenses $647,589

Other Expenses $318,120

TOTAL EXPENSES $647,589

Year-over-Year Comparison

	2023	2022	Change
Revenue	$723,639	$612,126	+0.2%
Expenses	$647,589	$653,020	0.0%
Net Income	$76,050	$-40,894	-2.9%

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

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
CAMERON FARRELL	PRESIDENT	N/A	Officer	$0	$0	$0
ROSE MECHAM	TREASURER	N/A	Officer	$0	$0	$0
LIEBRA MOONEY	DIRECTOR	N/A	Officer	$0	$0	$0
SHERRILL RIDGEWAY	SECRETARY	N/A	Officer	$0	$0	$0
JOE STRA	DIRECTOR	N/A	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
2025	No data	No data	No data	No data
2024	$723,639	$647,589	$373,020	$76,050
2023	$612,126	$653,020	$327,617	$-40,894
2022	$642,687	$637,273	$382,226	$5,414
2021	$489,890	$438,774	$318,160	$51,116
2020	$425,669	$370,917	$285,343	$54,752
2019	$259,479	$231,359	$265,935	$28,120
2018	$249,908	$239,152	$252,170	$10,756

SPARE A DIME INC