The CABET Group Inc

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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

1972

Legal Domicile

Principal Officer

R Tyrone Farris

Tax Period

2022-07-01 to 2023-06-30

The CABET Group Inc, founded in 1972, is a small nonprofit in the Employment sector that reported $710K in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $684K left a modest 4% surplus.

Mission

The CABET Group is a non-profit organization created in 1972 by Chicago business leaders to help break the cycle of poverty for individuals and families through job preparation and sustained employment.

Program Service Accomplishments

Program 1

Expenses: $370,101

Supplemental Nutritional Adult Program

Program 2

Expenses: $256,950

Temporary Nutrition for Needy Families (TANF)

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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 $665,128

Program Service Revenue $0

Investment Income $200

Other Revenue $44,562

TOTAL REVENUE $709,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $500,750

Fundraising Expenses $0

Program Expenses $627,051

Other Expenses $183,662

TOTAL EXPENSES $684,412

Year-over-Year Comparison

	2022	2021	Change
Revenue	$709,890	$628,658	+0.1%
Expenses	$684,412	$558,609	+0.2%
Net Income	$25,478	$70,049	-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

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
Maya Broussard	Director	1.00	Director	$0	$0	$0
Alice Daniels	Director	1.00	Director	$0	$0	$0
Vicki Pasley	Director	1.00	Director	$0	$0	$0
Samuel Woods	Director	1.00	Director	$0	$0	$0
Louise King	Chairperson	1.00	Officer Director	$0	$0	$0
Osceola Gibson	Vice Chairperson	1.00	Officer Director	$0	$0	$0
R Tyrone Farris	PresidentCEO	40.00	Officer Highest	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$709,890	$684,412	$416,649	$25,478
2022	$628,658	$568,594	$261,122	$60,064
2021	$1,263,484	$1,247,874	$199,353	$15,610
2020	$564,410	$544,017	$260,352	$20,393
2019	$486,616	$499,416	$188,414	$-12,800
2018	$476,923	$520,213	$214,807	$-43,290