HIP HOP FOR CHANGE INC (EIN 463005727) - 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

2013

Legal Domicile

Principal Officer

MARLON RICHARDSON

Phone

4152024817

Tax Period

2023-01-01 to 2023-12-31

HIP HOP FOR CHANGE INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $405K in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring.

Mission

OUR MISSION IS TO BUILD AN ECONOMIC BASE OF SELF-DETERMINATION FOR HIP HOP CULTURE TO ONCE AGAIN PRODUCE, EMPLOY, EDUCATE, AND EMPOWER MARGINALIZED AND HISTORICALLY NEGLECTED VOICES IN OUR COMMUNITY. OUR AIM IS TO RESTORE HIP HOP AS A TOOL FOR SOCIAL JUSTICE AND ADVOCACY, TO PROMOTE EQUITY AND REAL SYSTEMS CHANGE IN THE US AND WORLDWIDE, AND TO HAVE A LOT OF FUN WHILE DOING IT.

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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 $285,313

Program Service Revenue $119,207

Investment Income $0

Other Revenue $0

TOTAL REVENUE $404,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $291,620

Fundraising Expenses $0

Program Expenses $362,195

Other Expenses $121,828

TOTAL EXPENSES $413,448

Year-over-Year Comparison

	2023	2022	Change
Revenue	$404,520	$1,583,709	-0.7%
Expenses	$413,448	$1,837,719	-0.8%
Net Income	$-8,928	$-254,010	-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

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

$143,850

Total Directors

$143,850

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARLON RICHARDSON	EXECUTIVE DIRECTOR	40.00	Officer Director	$80,000	$0	$80,000
RICKY GOVAN	TREASURER	5.00	Director	$0	$0	$0
MALINA KING	SECRETARY	1.00	Officer Director	$63,850	$0	$63,850

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	$404,520	$413,448	$149,868	$-8,928
2022	$1,583,709	$1,837,719	$437,186	$-254,010
2021	$1,628,580	$1,143,798	$676,196	$484,782
2020	$929,532	$754,439	$187,011	$175,093
2019	$683,509	$666,728	$4,723	$16,781
2019	$683,509	$666,728	$4,723	$16,781
2018	$517,153	$536,249	$1,436	$-19,096
2018	$517,153	$536,249	$1,436	$-19,096

HIP HOP FOR CHANGE INC