KITE'S NEST INC

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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

2012

Legal Domicile

Principal Officer

KAYA WEIDMAN

Phone

5186206378

Tax Period

2023-01-01 to 2023-12-31

KITE'S NEST INC, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $657K, a strong 37% operating margin.

Mission

EDUCATIONAL PROGRAMS FOR YOUTH IN THE ARTS, SOCIAL JUSTICE, ENVIRONMENTAL JUSTICE, YOUTH EMPLOYMENT PROGRAMS,AND COMMUNITY DEVELOPMENT ACTIVITIES

Program Service Accomplishments

Program 1

Expenses: $817,027 Revenue: $877,058

CHILDREN'S LEARNING WORKSHOPS

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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 $1,695,771

Program Service Revenue $30,324

Investment Income $42,374

Other Revenue $1,642

TOTAL REVENUE $1,770,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $762,018

Fundraising Expenses $127,986

Program Expenses $817,027

Other Expenses $351,524

TOTAL EXPENSES $1,113,542

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,770,111	$1,454,276	+0.2%
Expenses	$1,113,542	$951,397	+0.2%
Net Income	$656,569	$502,879	+0.3%

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

$73,021

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA ARRASTIA	PRESIDENT	4.00	Officer Director	$0	$0	$0
GREGG OSOFSKY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KRISTINA WERTZ	MEMBER	1.00	Director	$0	$0	$0
KAMAURU JOHNSON	MEMBER	1.00	Director	$0	$0	$0
TANU KUMAR	MEMBER	1.00	Director	$0	$0	$0
SONJA OKUN	SECRETARY	1.00	Officer Director	$0	$0	$0
KAYA WEIDMAN	EXECUTIVE DIRECTOR	40.00	Officer	$73,021	$0	$73,021

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	$1,770,111	$1,113,542	$2,719,262	$656,569
2022	$1,454,276	$951,397	$2,108,999	$502,879
2021	$900,086	$705,744	$1,578,034	$194,342
2020	$998,597	$532,654	$1,411,379	$465,943
2019	$1,084,546	$439,031	$891,264	$645,515
2018	$380,246	$379,548	$281,833	$698