Words Beats and Life Inc (EIN 270062812) - 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

2003

Legal Domicile

Phone

2026671192

Tax Period

2023-09-01 to 2024-08-31

Words Beats and Life Inc, founded in 2003, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

The mission of Words Beats and Life is to transform individual lives and communities through Hip-Hop culture in all its forms: emceeing, deejaying, graffiti, street art, spoken word poetry, dance, beat production, and knowledge of self.

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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 $2,070,829

Program Service Revenue $268,437

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,339,266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $366,723

Fundraising Expenses $28,117

Program Expenses $2,192,175

Other Expenses $2,050,314

TOTAL EXPENSES $2,417,037

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,339,266	$1,939,183	+0.2%
Expenses	$2,417,037	$1,826,202	+0.3%
Net Income	$-77,771	$112,981	-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

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
Jamila Sams	Chair	3	Officer Director	$0	$0	$0
Kenysha Bartee	1st Vice Chair	3	Officer Director	$0	$0	$0
Ptosha Davis	2nd Vice Chair	3	Officer Director	$0	$0	$0
Naima Costello	Secretary	3	Officer Director	$0	$0	$0
Elaine Kennedy	Treasurer	3	Officer Director	$0	$0	$0
Helen Bryant	Member	2	Director	$0	$0	$0
Saafir Rabb	Member	2	Director	$0	$0	$0
Timothy Anne Burnside	Member	2	Director	$0	$0	$0
Erwin Kwawu	Member	2	Director	$0	$0	$0
William Hegwood	Member	2	Director	$0	$0	$0
Tonia Wellons	Member	2	Director	$0	$0	$0
Mark Lawrence	Member	2	Director	$0	$0	$0
Samantha Armstrong	Member	2	Director	$0	$0	$0
Gloria Nauden	Member	2	Director	$0	$0	$0
Dishan De Silva	Member	2	Director	$0	$0	$0
Mazi Mutafa	Executive Director	45	Highest	$119,231	$0	$119,231

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	$2,339,266	$2,417,037	$541,193	$-77,771
2023	$1,939,183	$1,826,202	$433,923	$112,981
2022	$1,440,378	$1,250,914	$235,404	$189,464
2021	$1,053,933	$1,032,209	$127,052	$21,724
2020	$509,501	$514,983	$102,672	$-5,482
2019	$503,547	$533,747	$165,525	$-30,200
2018	$445,003	$413,085	$140,112	$31,918

Words Beats and Life Inc