Kern Literacy Council (EIN 237312722) - 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

1973

Legal Domicile

Principal Officer

IAN ANDERSON

Phone

6613243213

Tax Period

2023-01-01 to 2023-12-31

Kern Literacy Council, founded in 1973, is a small nonprofit in the Education sector that reported $126K in total revenue in fiscal year 2023. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $370K exceeded revenue, resulting in a 194% operating deficit.

Mission

TO EMPOWER INDIVIDUALS TO IMPROVE THEIR QUALITY OF LIFE THROUGH LITERACY EDUCATION.

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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 $122,675

Program Service Revenue $727

Investment Income $7,150

Other Revenue $-5,043

TOTAL REVENUE $125,509

Expense Breakdown

Grants Paid $0

Salaries & Benefits $149,585

Fundraising Expenses $44,511

Program Expenses $184,998

Other Expenses $220,001

TOTAL EXPENSES $369,586

Year-over-Year Comparison

	2023	2022	Change
Revenue	$125,509	$644,069	-0.8%
Expenses	$369,586	$307,813	+0.2%
Net Income	$-244,077	$336,256	-1.7%

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

$75,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IAN ANDERSON	EXECUTIVE DIR	40.00	Officer	$75,000	$0	$75,000
VALORIE SILL	MEMBER AT LARGE	0.50	Director	$0	$0	$0
VERNON HARPER	MEMBER AT LARGE	0.50	Director	$0	$0	$0
JARED CRABTREE	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRISTINA BLAINE	Vice President	2.00	Officer Director	$0	$0	$0
TINA POSEY	MEMBER AT LARGE	0.50	Director	$0	$0	$0
KATY PEREZ	President	2.00	Officer Director	$0	$0	$0
PEARL DALEY	Secretary	2.00	Officer Director	$0	$0	$0
JAMESON SHEPHERD	Treasurer	2.00	Officer Director	$0	$0	$0
CLAUDIA LOPEZ	MEMBER AT LARGE	0.50	Director	$0	$0	$0
ALICE HAYS	MEMBER AT LARGE	0.50	Director	$0	$0	$0
LISA KERR	MEMBER AT LARGE	0.50	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
2024	No data	No data	No data	No data
2023	$125,509	$369,586	$421,872	$-244,077
2022	$644,069	$307,813	$663,225	$336,256
2021	$349,669	$250,423	$335,718	$99,246
2020	$208,332	$184,454	$234,174	$23,878
2019	$194,172	$188,987	$209,881	$5,185
2018	$197,683	$202,880	$202,584	$-5,197

Kern Literacy Council