FLYING KITES INC

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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

2006

Legal Domicile

Principal Officer

LEILA CHAMBERS

Phone

8574521852

Tax Period

2023-01-01 to 2023-12-31

FLYING KITES INC, founded in 2006, is a community nonprofit in the International Affairs sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $501K, a strong 18% operating margin.

Mission

AT FLYING KITES, WE ARE TRANSFORMING PRIMARY EDUCATION IN RURAL KENYA.

Program Service Accomplishments

Program 1

Expenses: $1,966,185

1. INVESTING IN GIRLS: FLYING KITES INVESTS IN GIRLS AS AGENTS OF CHANGE IN THE COMMUNITY. ITS MODEL FOR SCHOOL-BASED GIRLS UNITED CLUBS LED BY TRAINED FEMALE TEACHERS, ENSURES THAT EVERY GIRL HAS...

1. INVESTING IN GIRLS: FLYING KITES INVESTS IN GIRLS AS AGENTS OF CHANGE IN THE COMMUNITY. ITS MODEL FOR SCHOOL-BASED GIRLS UNITED CLUBS LED BY TRAINED FEMALE TEACHERS, ENSURES THAT EVERY GIRL HAS ACCESS TO CRITICAL INFORMATION AND RESOURCES RELATED TO HER HEALTH AND IS PROVIDED WITH OPPORTUNITIES TO EXERCISE HER TALENTS AND LEADERSHIP SKILLS IN A WAY THAT IS MOST RELEVANT TO HER. 2. UPSKILLING TEACHERS: FLYING KITES PROVIDES EDUCATORS AND SCHOOL LEADERS FROM ACROSS ITS NETWORK WITH A MULTI-FACETED APPROACH TO CAPACITY BUILDING & ACCESS TO TECHNOLOGY THAT LAYS THE FOUNDATION FOR EFFECTIVE, STUDENT-CENTERED INSTRUCTION AND THE DEVELOPMENT OF 21ST (CONTINUES ON SCH O)

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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 $2,607,687

Program Service Revenue $60,511

Investment Income $135,471

Other Revenue $0

TOTAL REVENUE $2,803,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $433,971

Fundraising Expenses $177,797

Program Expenses $1,966,185

Other Expenses $1,869,046

TOTAL EXPENSES $2,303,017

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,803,669	$1,898,925	+0.5%
Expenses	$2,303,017	$1,549,596	+0.5%
Net Income	$500,652	$349,329	+0.4%

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

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

$120,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAMELA NORLEY	CHAIR	2.000	Officer Director	$0	$0	$0
JARRETT COLLINS	TREASURER	2.000	Officer Director	$0	$0	$0
KATHRYN WINTERS	SECRETARY	2.000	Officer Director	$0	$0	$0
ALYNE CISTONE	DIRECTOR	2.000	Director	$0	$0	$0
MEREDITH BEATON-STARR	DIRECTOR	2.000	Director	$0	$0	$0
KATHERINE DOUGLAS MARTEL	DIRECTOR	2.000	Director	$0	$0	$0
VICTORIA KNOX	DIRECTOR	2.000	Director	$0	$0	$0
JENNIFER LAPIERRE	DIRECTOR	2.000	Director	$0	$0	$0
VIVIAN ONANO	DIRECTOR	2.000	Director	$0	$0	$0
MARK MURIITHI LAICHENA	DIRECTOR	2.000	Director	$0	$0	$0
LEILA CHAMBERS	EXECUTIVE DIRECTOR	2.000	Director	$0	$0	$0
LEILA CHAMBERS	EXECUTIVE DIRECTOR	45.00	Key Emp	$120,000	$0	$120,000

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	$2,803,669	$2,303,017	$5,233,376	$500,652
2022	$1,898,925	$1,549,596	$4,725,204	$349,329
2021	$2,149,472	$1,530,535	$4,343,533	$618,937
2020	$2,040,527	$1,621,512	$3,697,021	$419,015
2019	$2,032,225	$1,669,022	$3,276,063	$363,203
2018	$2,111,734	$1,549,620	$2,996,412	$562,114