ReWrite Life

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

Marie teVelde

Tax Period

2023-04-01 to 2024-03-31

ReWrite Life, founded in 2011, is a small nonprofit that reported $254K in total revenue in fiscal year 2023. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $372K exceeded revenue, resulting in a 47% operating deficit.

Mission

We equip communities around the world with literacy tools to educate adults and transform families, villages and entire nations.

Program Service Accomplishments

Program 1

Expenses: $241,272

ReWrite Life partners with and equips organizations with literacy tools to educate and transform adults and villages in India, Bangldesh, Kenya, Ethiopia and Uganda. The program is a literacy first approach, bringing learners to a 5th grade level of education, promoting health and social awareness, elevating economic status and instilling moral, ethical and spiritual values. During the 12 months ended 3-31-24, funds from ReWrite Life enabled training of 475 teachers in India and Bangladesh and enrolled more than 14,125 learners. Numbers from Africa are not available at the time of the 990 filing.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $254,121

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $254,121

Expense Breakdown

Grants Paid $108,470

Salaries & Benefits $186,574

Fundraising Expenses $45,381

Program Expenses $241,272

Other Expenses $75,779

TOTAL EXPENSES $372,323

Year-over-Year Comparison

	2023	2022	Change
Revenue	$254,121	$878,682	-0.7%
Expenses	$372,323	$831,894	-0.6%
Net Income	$-118,202	$46,788	-3.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

250

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

$112,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ashley Sherbino	Executive Director	40.00	Director	$89,100	$0	$89,100
Ellen Ruiters	Director and previous ED	2.00	Director	$23,100	$0	$23,100
Sarita Holzman	Director	1.00	Director	$0	$0	$0
Marie teVelde	Board Chair	2.00	Officer Director	$0	$0	$0
Sarah Ollenburger	Vice Chair	2.00	Officer Director	$0	$0	$0
Nancy Frens	Secretary	2.00	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
2024	$254,121	$372,323	$217,259	$-118,202
2023	$878,682	$831,894	$335,341	$46,788
2022	$1,232,603	$1,006,421	$291,317	$226,182
2020	$366,494	$122,348	$248,066	$244,146
2019	$381,218	$393,584	$4,014	$-12,366