Blessings of Joy Inc (EIN 980518397) - 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

2009

Legal Domicile

Phone

9184990221

Tax Period

2024-01-01 to 2024-12-31

Blessings of Joy Inc, founded in 2009, is a small nonprofit in the International Affairs sector that reported $221K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $190K left a modest 14% surplus.

Mission

To equip future leaders through education by partnering with individuals non-profit organizations NGOs non-governmental organizations and churches for holistic societal transformation to empowering them to fulfill their God-given life purpose.

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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 $221,008

Program Service Revenue $0

Investment Income $434

Other Revenue $0

TOTAL REVENUE $221,442

Expense Breakdown

Grants Paid $177,039

Salaries & Benefits $0

Fundraising Expenses $200

Program Expenses $177,039

Other Expenses $12,615

TOTAL EXPENSES $189,854

Year-over-Year Comparison

	2024	2023	Change
Revenue	$221,442	$167,304	+0.3%
Expenses	$189,854	$185,679	+0.0%
Net Income	$31,588	$-18,375	-2.7%

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

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
Jon C Calvert	Board President	20.00	Officer Director	$0	$0	$0
Solomon Mutebi	Executive Director	10.00	Officer Director	$0	$0	$0
Corwin E Rose	Treasurer	10.00	Officer Director	$0	$0	$0
Carrie Duran	Post MJS Sponsorship Liaison	20.00	Officer Director	$0	$0	$0
Vicki Karney	Nutrition Health Liaison	10.00	Officer Director	$0	$0	$0
Kim Evans	MJS Sponsor Liaison	20.00	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	$221,442	$189,854	$158,259	$31,588
2023	$167,304	$185,679	$126,671	$-18,375
2022	$156,697	$107,250	$145,046	$49,447

Blessings of Joy Inc