LITTLE SCHOLARS OF DETROIT (EIN 383672949) - 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

Principal Officer

SHIRLEY HAILEY-WRIGHT

Phone

3132722514

Tax Period

2024-01-01 to 2024-12-31

LITTLE SCHOLARS OF DETROIT is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO PROVIDE A MULTI-SERVICE OUTREACH PROGRAM

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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 $280,834

Program Service Revenue $961,779

Investment Income $16,967

Other Revenue $0

TOTAL REVENUE $1,259,580

Expense Breakdown

Grants Paid $0

Salaries & Benefits $643,254

Fundraising Expenses $0

Program Expenses $1,018,151

Other Expenses $605,643

TOTAL EXPENSES $1,248,897

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,259,580	$1,340,557	-0.1%
Expenses	$1,248,897	$1,582,106	-0.2%
Net Income	$10,683	$-241,549	-1.0%

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
SHIRLEY WRIGHT	EXECUTIVE DIR	50	Highest	$121,600	$0	$121,600
DR DAVID WILLI	DIRECTOR	2	Director	$0	$0	$0
ANDIAYA RILEY	PRESIDENT	2	Officer	$0	$0	$0
JANET LLOYD	SECRETARY	5	Officer	$0	$0	$0
LASHAWNA MANIG	TREASURER	4	Officer	$0	$0	$0
TONYA SEEGARS	CHAIR	2	Officer	$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	$1,259,580	$1,248,897	$934,007	$10,683
2023	$1,340,557	$1,582,106	$823,075	$-241,549
2022	$1,487,401	$1,364,263	$1,314,568	$123,138
2022	$1,584,453	$1,144,274	$1,050,193	$440,179
2021	$975,865	$1,121,834	$1,144,057	$-145,969
2021	$975,865	$1,121,834	$1,144,057	$-145,969
2020	$803,933	$652,410	$812,574	$151,523
2019	$1,322,230	$1,588,106	$596,307	$-265,876

LITTLE SCHOLARS OF DETROIT