WASHTENAW LITERACY (EIN 382914277) - 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

1989

Legal Domicile

Principal Officer

EMILY TWANMO

Phone

7343373338

Tax Period

2023-07-01 to 2024-06-30

WASHTENAW LITERACY, founded in 1989, is a small nonprofit that reported $544K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 18% operating margin.

Mission

TO PROMOTE ADULT LITERACY

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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 $527,920

Program Service Revenue $6,131

Investment Income $19,595

Other Revenue $-9,271

TOTAL REVENUE $544,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,112

Fundraising Expenses $86,463

Program Expenses $289,213

Other Expenses $116,859

TOTAL EXPENSES $444,971

Year-over-Year Comparison

	2023	2022	Change
Revenue	$544,375	$396,599	+0.4%
Expenses	$444,971	$439,911	+0.0%
Net Income	$99,404	$-43,312	-3.3%

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

388

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

$76,077

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLE MCCABE	EXECUTIVE DI	40.00	Officer	$70,654	$5,423	$76,077
ALLISON FRITSCH	SECRETARY	1.00	Officer Director	$0	$0	$0
CLARENCE JENNINGS	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA MACKNISH	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MCBRIDE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MESBERG	TREASURER	1.00	Officer Director	$0	$0	$0
GAYLOTTA MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
NANA OH	DIRECTOR	1.00	Director	$0	$0	$0
DARLENE RAY-JOHNSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANGIE SMITH	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
TINA STEPHENS	DIRECTOR	1.00	Director	$0	$0	$0
EMILY TWANMO	TREASURER	1.00	Officer 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	No data	No data	No data	No data
2024	$544,375	$444,971	$512,974	$99,404
2023	$396,599	$439,911	$411,418	$-43,312
2022	$435,191	$442,265	$439,115	$-7,074
2021	$449,343	$386,344	$332,489	$62,999
2020	$517,061	$451,950	$230,516	$65,111
2019	$416,756	$418,738	$166,430	$-1,982

WASHTENAW LITERACY