SUMMER INK INC (EIN 043239179) - 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

1994

Legal Domicile

Principal Officer

ARTHUR UNOBSKEY

Phone

7875628597

Tax Period

2023-01-01 to 2023-12-31

SUMMER INK INC, founded in 1994, is a micro nonprofit in the Recreation & Sports sector that reported $16 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $2K exceeded revenue, resulting in a 11831% operating deficit.

Mission

TO GIVE ALL STUDENTS THE POWER TO EXPLORE THEIR IDEAS, THE SKILLS TO COMMUNICATE THEM CLEARLY, AND THE CONVICTION THAT THE WORLD WANTS TO HEAR THEM.

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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 $16

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $16

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76

Fundraising Expenses $0

Program Expenses $76

Other Expenses $1,833

TOTAL EXPENSES $1,909

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16	$59,630	-1.0%
Expenses	$1,909	$51,436	-1.0%
Net Income	$-1,893	$8,194	-1.2%

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

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
ARTHUR UNOBSKEY	PRESIDENT	N/A	Officer Director	$0	$0	$0
MICHAEL FAIGEN	TREASURER	N/A	Officer Director	$0	$0	$0
ANN DICLEMENTE	SECRETARY	N/A	Officer Director	$0	$0	$0
PAULA SINCLAIR	DIRECTOR	N/A	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
2023	$16	$1,909	$16,358	$-1,893
2022	$59,630	$51,436	$21,002	$8,194
2021	$26,999	$19,914	$10,058	$7,085
2020	$51,975	$84,974	$12,170	$-32,999
2019	$137,058	$149,728	$35,169	$-12,670
2018	$171,126	$149,803	$50,852	$21,323

SUMMER INK INC