CHILDREN'S LITERACY INITIATIVE (EIN 232515768) - 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

1988

Legal Domicile

Principal Officer

DR DIANA L GREENE

Phone

2155614676

Tax Period

2024-07-01 to 2025-06-30

CHILDREN'S LITERACY INITIATIVE, founded in 1988, is a community nonprofit in the Education sector that reported $9.4M in total revenue in fiscal year 2024. Expenses of $12.3M exceeded revenue, resulting in a 31% operating deficit.

Mission

CHILDREN'S LITERACY INITIATIVE ("CLI") IS A NON-PROFIT THAT EMPOWERS SCHOOL LEADERS AND TEACHERS TO TRANSFORM INSTRUCTION SO THAT EVERY CHILD CAN BECOME POWERFUL READERS, WRITERS, AND THINKERS.

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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 $4,371,771

Program Service Revenue $4,824,500

Investment Income $43,234

Other Revenue $146,933

TOTAL REVENUE $9,386,438

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,191,270

Fundraising Expenses $1,106,298

Program Expenses $9,868,328

Other Expenses $2,110,145

TOTAL EXPENSES $12,301,415

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,386,438	$8,853,753	+0.1%
Expenses	$12,301,415	$13,545,550	-0.1%
Net Income	$-2,914,977	$-4,691,797	-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

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

$588,400

Total Directors

$297,318

Key Employees

$274,648

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDRA LAFLEUR	CHAIR	0.50	Officer Director	$0	$0	$0
JACQUELINE WOOLLEY	VICE CHAIR	0.50	Officer Director	$0	$0	$0
STEVE PILTCH	TREASURER	0.50	Officer Director	$0	$0	$0
MARY KLEIN	SECRETARY	0.50	Officer Director	$0	$0	$0
NELSON FLORES	BOARD MEMBER	0.50	Director	$0	$0	$0
GERALD MOSELY	BOARD MEMBER	0.50	Director	$0	$0	$0
JOHN BONOW	BOARD MEMBER	0.50	Director	$0	$0	$0
FRANK GETTRIDGE	BOARD MEMBER	0.50	Director	$0	$0	$0
LORI TAYLOR	BOARD MEMBER	0.50	Director	$0	$0	$0
STEVE JOHNSON	BOARD MEMBER	0.50	Director	$0	$0	$0
MARGOT LEBOVITZ	BOARD MEMBER	0.50	Director	$0	$0	$0
NEIL PHILLIPS	BOARD MEMBER	0.50	Director	$0	$0	$0
LARRY KOPLOW	BOARD MEMBER	0.50	Director	$0	$0	$0
DIANA GREENE	CHIEF EXECUTIVE OFFICER	40.00	Officer Director	$267,067	$30,251	$297,318
REINA PROWLER	CHIEF FINANCIAL OFFICER	40.00	Officer	$250,745	$40,337	$291,082
ERICA HOLMES-WARE	CHIEF PROGRAM OFFICER	40.00	Key Emp	$235,792	$38,856	$274,648
KRISTEN BROWN	MANAGING DIR OF OPERATIONS	40.00	Highest	$178,003	$26,464	$204,467
CARYN HENNING	MANAGING DIR OF PROGRAM DESIGN	40.00	Highest	$180,373	$19,129	$199,502
MARY LIST	REGIONAL EXECUTIVE DIRECTOR	40.00	Highest	$166,578	$40,305	$206,883
JORDANNE OWEN	MANAGING DIR OF MARKETING AND BRANDING	40.00	Highest	$169,656	$16,671	$186,327
MICHELE FERRER	MANAGING DIR OF STRATEGIC PARTNERSHIPS	40.00	Highest	$157,335	$50,653	$207,988

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
2025	$9,386,438	$12,301,415	$3,188,112	$-2,914,977
2024	No data	No data	No data	No data
2023	$12,107,105	$13,764,477	$11,703,135	$-1,657,372
2022	$23,482,636	$21,733,124	$12,745,223	$1,749,512
2021	$22,749,197	$24,426,755	$17,253,181	$-1,677,558
2020	$30,167,089	$29,977,620	$17,353,775	$189,469
2019	$33,677,739	$31,367,202	$12,538,618	$2,310,537

CHILDREN'S LITERACY INITIATIVE