DOMINICAN REA LITERACY CORPORATION (EIN 208394932) - 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

2006

Legal Domicile

Principal Officer

S CORINNE SANDERS

Phone

5172663400

Tax Period

2022-07-01 to 2023-03-21

DOMINICAN REA LITERACY CORPORATION, founded in 2006, is a micro nonprofit that reported $11K in total revenue in fiscal year 2022. Revenue fell 98% from the prior year — a significant decline worth monitoring.

Mission

THE DOMINICAN REA LITERACY CORPORATION IS A MICHIGAN NON-PROFIT CORPORATION ORGANIZED TO SUPPORT EXISTING AND FUTURE ORGANIZATIONS SPONSORED BY THE ADRIAN DOMINICAN CONGREGATION DEDICATED TO ASSISTING ADULTS TO LEARN TO READ, WRITE, AND DO BASIC MATH, REGARDLESS OF THEIR ABILITY TO PAY FOR THE SERVICES. THE CORPORATION WILL MAKE GRANTS TO THE SPONSORED ORGANIZATIONS FOR THAT 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 (2022)

Revenue Breakdown

Contributions & Grants $10,745

Program Service Revenue $0

Investment Income $5

Other Revenue $0

TOTAL REVENUE $10,750

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,000

Other Expenses $9,150

TOTAL EXPENSES $11,150

Year-over-Year Comparison

	2022	2021	Change
Revenue	$10,750	$596,498	-1.0%
Expenses	$11,150	$596,495	-1.0%
Net Income	$-400	$3	-134.3%

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
S JANICE BROWN OP	CHAIR	1.00	Officer Director	$0	$0	$0
S CORINNE SANDERS OP	DIRECTOR	1.00	Director	$0	$0	$0
S BIBIANA COLASITO OP	DIRECTOR	1.00	Director	$0	$0	$0
S LORRAINE REAUME OP	DIRECTOR	1.00	Director	$0	$0	$0
S ELISE GARCIA OP	DIRECTOR	1.00	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	$10,750	$11,150	No data	$-400
2022	$596,498	$596,495	$593,720	$3
2021	$866,997	$867,008	$396	$-11
2020	$786,544	$786,531	$407	$13
2019	$624,415	$624,407	$394	$8
2018	$675,653	$675,650	$386	$3

DOMINICAN REA LITERACY CORPORATION