FRANKIE CASSEB YOUTH LITERACY CLUB (EIN 262747826) - 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

2009

Legal Domicile

Principal Officer

BERNADETTE CASSEB

Phone

2104930707

Tax Period

2024-06-01 to 2025-05-31

FRANKIE CASSEB YOUTH LITERACY CLUB, founded in 2009, is a micro nonprofit in the Education sector that reported $11K in total revenue in fiscal year 2024. Revenue fell 1744% from the prior year — a significant decline worth monitoring.

Mission

THE PURPOSE FOR WHICH THIS ENTITY IS FORMED IS TO SOLICIT DONATIONS AND ENDOWMENTS IN ORDER TO PROMOTE AND SUPPORT LITERACY AMONG MIDDLE SCHOOL AGED CHILDREN OR YOUNGER, WHETHER OR NOT DISABLED, BY PROVIDING FUNDING FOR BOOKS, READING LESSONS AND TUTORS TO SUCH INDIVIDUALS.

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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 $1,000

Program Service Revenue $0

Investment Income $39

Other Revenue $-12,200

TOTAL REVENUE $-11,161

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,500

Other Expenses $2,500

TOTAL EXPENSES $8,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-11,161	$679	-17.4%
Expenses	$8,000	$8,044	0.0%
Net Income	$-19,161	$-7,365	+1.6%

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

N/A

Employees

N/A

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
BERNADETTE CASSEB	Director	20.00	Officer Director	$0	$0	$0
JOSEPH E CASSEB	Director	1.00	Director	$0	$0	$0
ERNEST E KARAM	Director	1.00	Director	$0	$0	$0
NICHOLAS A CASSEB	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
2025	$-11,161	$8,000	$1,248	$-19,161
2024	No data	No data	No data	No data
2023	$5,235	$45,258	$1,383	$-40,023
2022	$56,050	$84,461	$41,406	$-28,411
2021	$81,939	$63,286	$69,817	$18,653
2020	$48,605	$71,086	$56,164	$-22,481
2019	$83,156	$86,587	$73,645	$-3,431

FRANKIE CASSEB YOUTH LITERACY CLUB