GOOD SOIL EDC INC (EIN 990625536) - 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

FADI KHOURY

Phone

4696235990

Tax Period

2024-01-01 to 2024-12-31

GOOD SOIL EDC INC, founded in 2023, is a community nonprofit in the Education sector that reported $4.1M in total revenue in fiscal year 2024. Expenses of $3.9M left a modest 6% surplus.

Mission

PROVIDE EDUCATIONAL RESOURCES FOR MINORITY, INDIGENOUS OR OTHERWISE UNDER RESOURCED ENTREPRENEURS. THIS WILL BE DONE THROUGH AN ONLINE PLATFORM WHERE INDIVIDUALS CAN ACCESS TRAINING MATERIALS, MENTORSHIP, AND OTHER RESOURCES THAT HAVE HISTORICALLY BEEN DIFFICULT FOR THESE COMMUNITIES TO ACCESS.

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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 $3,568,978

Program Service Revenue $566,087

Investment Income $71

Other Revenue $500

TOTAL REVENUE $4,135,636

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,307,001

Fundraising Expenses $515,347

Program Expenses $2,452,737

Other Expenses $2,567,783

TOTAL EXPENSES $3,874,784

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,135,636	N/A	N/A
Expenses	$3,874,784	N/A	N/A
Net Income	$260,852	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

N/A

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
DARWIN BRUCE	PRESIDENT	1.00	Officer Director	$0	$0	$0
JAYLEN BLEDSOE	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN HOPE BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
FADI KHOURY	CHIEF FINANCIAL OFFICER	15.00	Officer	$0	$0	$0
NICOLE FAIN	SR DIRECTOR/MANAGER	45.00	Highest	$150,000	$13,833	$163,833

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	$4,135,636	$3,874,784	$275,508	$260,852

GOOD SOIL EDC INC