SHOREFRONT NFP (EIN 010550386) - 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

2002

Legal Domicile

Principal Officer

Laurice Bell

Phone

8478647467

Tax Period

2023-01-01 to 2023-12-31

SHOREFRONT NFP, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $266K in total revenue in fiscal year 2023. Revenue surged 292% from the prior year, signaling strong growth momentum. The organization ran a surplus of $59K, a strong 22% operating margin.

Mission

DOCUMENTATION OF BLACK FAMILY LIFE ON CHICAGO NORTH SHORE. MAINTENANCE OF ARCHIVE RELATED TO BLACK COMMUNITIES PROVIDES ACCESSIBLE ACHIVES THROUGH THE BLACK METROPOLIS RESEARCH CONSORTIUM'S COLOR CURTAIN PROCESSSING PROJECT.

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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 $195,779

Program Service Revenue $0

Investment Income $11,802

Other Revenue $57,947

TOTAL REVENUE $265,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,120

Fundraising Expenses $62,048

Program Expenses $82,735

Other Expenses $137,718

TOTAL EXPENSES $206,838

Year-over-Year Comparison

	2023	2022	Change
Revenue	$265,528	$67,777	+2.9%
Expenses	$206,838	$89,195	+1.3%
Net Income	$58,690	$-21,418	-3.7%

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

N/A

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

$64,020

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Laurice Bell	Executive Dir.	60.00	Officer	$60,000	$4,020	$64,020
Rich Foreman	Director	2.00	Director	$0	$0	$0
Charles Hawkins	Director	5.00	Director	$0	$0	$0
Angela Joubert James	Director	10.00	Director	$0	$0	$0
Schenita Stewart	Director	10.00	Director	$0	$0	$0
Nicole Parker	President	10.00	Officer	$0	$0	$0
Joshua Chernoff	Treasurer	20.00	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	No data	No data	No data	No data
2023	$265,528	$206,838	$260,496	$58,690

SHOREFRONT NFP