Institute for the Development of African-American (EIN 232626731) - 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

1991

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

Institute for the Development of African-American, founded in 1991, is a community nonprofit in the Youth Development sector that reported $3.0M in total revenue in fiscal year 2022. Revenue surged 209% from the prior year, signaling strong growth momentum. Expenses of $2.7M left a modest 12% surplus.

Mission

To provide educational and cultural programs as well as prevention-intrvention social services for youth, their families, and the broader community. It was created expressly to empower and educate low income, disavantaged at-risk youth to succeed.

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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 $3,014,703

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,014,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,673,266

Fundraising Expenses $26,499

Program Expenses $2,322,899

Other Expenses $990,254

TOTAL EXPENSES $2,663,520

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,014,703	$975,563	+2.1%
Expenses	$2,663,520	N/A	N/A
Net Income	$351,183	$975,563	-0.6%

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

182

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
Amira Clemens	Board Member	2.00	Director	$0	$0	$0
Dashaya Foreman	Board Member	2.00	Director	$0	$0	$0
Sharon Leacock	Executive Director	60.00	Director	$0	$0	$0
Pearl English	Secretary	0.00	Officer Director	$0	$0	$0
Aaron Spence	President	2.00	Officer Director	$0	$0	$0
Ronald Prime	Treasurer	5.00	Officer 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	$3,014,703	$2,663,520	$961,379	$351,183
2022	$980,502	$1,240,103	$346,765	$-259,601
2021	$995,557	$944,676	$303,352	$50,881

Institute for the Development of African-American