KWELI JOURNAL INC

EIN: 270318769 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$182,440
Total Expenses
$361,492
Total Assets
$97,000
Net Assets
$95,500
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
LAURA PEGRAM
Phone
2124727444
Tax Period
2023-01-01 to 2023-12-31

KWELI JOURNAL INC, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $182K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $361K exceeded revenue, resulting in a 98% operating deficit.

Mission

KWELI'S MISSION IS TO NURTURE EMERGING WRITERS OF COLOR AND CREATE OPPORTUNITIES FOR THEIR VOICES TO BE RECOGNIZED AND VALUED. BY CREATING A COMMUNITY OF BLACK, INDIGENOUS AND POC ARTISTS AND PROGRAMMING BASED ON ARTISTIC EXCELLENCE AND RIGOR, KWELI EMPOWERS WRITERS TO SHARE STORIES THAT ENGAGE AND IMPACT OUR COMMUNITIES. OUR VISION IS FOR A WORLD WHERE THE NARRATIVES BEING TOLD REFLECT THE TRUTH OF OUR HISTORIES AND THE POSSIBILITIES FOR OUR FUTURE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $132,694
Program Service Revenue $49,746
Investment Income $0
Other Revenue $0
TOTAL REVENUE $182,440

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $88,397
Fundraising Expenses $1,234
Program Expenses $320,917
Other Expenses $272,095
TOTAL EXPENSES $361,492

Year-over-Year Comparison

2023 2022 Change
Revenue $182,440 $382,513 -0.5%
Expenses $361,492 $315,157 +0.1%
Net Income $-179,052 $67,356 -3.7%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
10

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OZIER MUHAMMAD BOARD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ALISON MEYERS TREASURER 1.00
Officer Director
$0 $0 $0
NEELA VASWANI SECRETARY 1.00
Officer Director
$0 $0 $0
LAURA PEGRAM EXECUTIVE DIRECTOR 40.00
Officer Director
$0 $0 $0
IWALANI KIM DIRECTOR 1.00
Director
$0 $0 $0
EMILY MEI LAU DIRECTOR 1.00
Director
$0 $0 $0
CLEM RICHARDSON DIRECTOR 1.00
Director
$0 $0 $0
MORAN SHEKEL DIRECTOR 1.00
Director
$0 $0 $0
CHIKA UNIGWE 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
2024 No data No data No data No data
2023 $182,440 $361,492 $97,000 $-179,052
2022 $382,513 $315,157 $348,802 $67,356
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