CITY STARTUP LABS INC (EIN 455028985) - 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

2016

Legal Domicile

Principal Officer

HENRY ROCK

Phone

7048073000

Tax Period

2023-01-01 to 2023-12-31

CITY STARTUP LABS INC, founded in 2016, is a small nonprofit in the Youth Development sector that reported $799K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $881K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE AN ACADEMY OF INSTRUCTION, TRAINING, MENTORING AND COACHING TO PREPARE YOUNG PERSONS OR COLOR AND THE FORMERLY INCARCERATED TO BECOME VIABLE ENTREPRENEURS, THEREBY CONTRIBUTING TO NOT ONLY THEMSELVES, BUT THEIR FAMILIES, COMMUNITIES AND THE COUNTRY IN A FUNDAMENTALLY POSITIVE WAY.

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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 $404,384

Program Service Revenue $394,725

Investment Income $0

Other Revenue $0

TOTAL REVENUE $799,109

Expense Breakdown

Grants Paid $121,780

Salaries & Benefits $112,947

Fundraising Expenses $0

Program Expenses $771,562

Other Expenses $646,106

TOTAL EXPENSES $880,833

Year-over-Year Comparison

	2023	2022	Change
Revenue	$799,109	$1,087,508	-0.3%
Expenses	$880,833	$845,555	+0.0%
Net Income	$-81,724	$241,953	-1.3%

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

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

$105,000

Total Directors

$105,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN LYGHT	CO-CHAIR	5.00	Officer Director	$0	$0	$0
NIA ROCK	CO-CHAIR	5.00	Officer Director	$0	$0	$0
LIZ THOMAS-HOLLIER	TREASURER	5.00	Officer Director	$0	$0	$0
SONDRA HINES YATES	SECRETARY	5.00	Officer Director	$0	$0	$0
ROBYN MASSEY	DIRECTOR	0.50	Director	$0	$0	$0
HENRY ROCK	EXECUTIVE DIRECTOR	40.00	Officer Director	$100,000	$5,000	$105,000

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	No data	No data	No data	No data
2023	$799,109	$880,833	$451,820	$-81,724
2022	$1,087,508	$845,555	$428,484	$241,953
2021	$621,491	$582,363	$161,849	$39,128
2020	$285,347	$205,535	$119,875	$79,812

CITY STARTUP LABS INC