KARAMA INC (EIN 451497911) - 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

2011

Legal Domicile

Principal Officer

JILL A MORLEY

Phone

8124579574

Tax Period

2021-07-01 to 2022-06-30

KARAMA INC, founded in 2011, is a small nonprofit that reported $160K in total revenue in fiscal year 2021. Expenses of $232K exceeded revenue, resulting in a 44% operating deficit.

Mission

ALLEVIATING POVERTY BY BRIDGING THE GAP BETWEEN IMPOVERISHED ARTISANS AND CONSCIENTIOUS CONSUMERS. PROVIDING ACCESS TO GLOBAL MARKETS FOR MARGINALIZED ARTISANS WHO WOULD OTHERWISE BE UNEMPLOYED OR UNDEREMPLOYED THROUGH VARIOUS SALES VENUES INCLUDING AN ONLINE STORE, ACCESS TO WHOLESALE CUSTOMERS, HOME PARTIES, AND LARGE EVENTS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $19,018

Program Service Revenue $0

Investment Income $-29

Other Revenue $141,432

TOTAL REVENUE $160,421

Expense Breakdown

Grants Paid $94,820

Salaries & Benefits $53,961

Fundraising Expenses $0

Program Expenses $184,687

Other Expenses $82,793

TOTAL EXPENSES $231,574

Year-over-Year Comparison

	2021	2020	Change
Revenue	$160,421	$165,559	0.0%
Expenses	$231,574	$137,879	+0.7%
Net Income	$-71,153	$27,680	-3.6%

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

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
ANDREA CROSLYN	DIRECTOR	5.00	Director	$0	$0	$0
LINDA LOUISE PITKIN GOODSON	DIRECTOR	5.00	Director	$0	$0	$0
COLSON HORTON	DIRECTOR	5.00	Director	$0	$0	$0
DANA KNOWLES	DIRECTOR	5.00	Director	$0	$0	$0
DYAN LARMEY	DIRECTOR	5.00	Director	$0	$0	$0
CAMERON MONROE	DIRECTOR	5.00	Director	$0	$0	$0
JILL A MORLEY	TREASURER	5.00	Officer Director	$0	$0	$0
GINA RAMEY	DIRECTOR	5.00	Director	$0	$0	$0
MICHELLE RODGERS	SECRETARY	5.00	Officer Director	$0	$0	$0
JANE B STEPHENS	DIRECTOR	5.00	Director	$0	$0	$0
BARBARA L WAITS	CHAIRMAN	5.00	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
2022	$160,421	$231,574	No data	$-71,153
2021	$165,559	$137,879	$110,574	$27,680
2020	$283,242	$295,904	$123,431	$-12,662
2019	$286,658	$361,929	$152,495	$-75,271
2018	$328,214	$406,977	$224,196	$-78,763

KARAMA INC