CLARKE SQUARE NEIGHBORHOOD INITIATIVE IN

EIN: 464325662 501(c)(3) Community Improvement

MILWAUKEE, WI

Total Revenue
$190,136
Total Expenses
$189,949
Total Assets
$360,030
Net Assets
$192,585
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
WI
Principal Officer
KEVIN KUSCHEL
Phone
4144109364
Tax Period
2023-01-01 to 2023-12-31

CLARKE SQUARE NEIGHBORHOOD INITIATIVE IN, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $190K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF CLARKE SQUARE NEIGHBORHOOD INITIATIVE IS TO CREATE A STRONG NEIGHBORHOOD WITH A VARIETY OF HOMES, PUBLIC SPACES, SAFE STREETS, LANDMARK PLACES (SCHOOLS, CHURCHES, COMMUNITY CENTERS, PARKS) AND STRONG BUSINESS COMMUNITY TO CREATE A VIBRANT, DIVERSE NEIGHBORHOOD.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $190,126
Program Service Revenue $0
Investment Income $9
Other Revenue $1
TOTAL REVENUE $190,136

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,713
Fundraising Expenses $0
Program Expenses $40,450
Other Expenses $98,236
TOTAL EXPENSES $189,949

Year-over-Year Comparison

2023 2022 Change
Revenue $190,136 $282,919 -0.3%
Expenses $189,949 $308,076 -0.4%
Net Income $187 $-25,157 -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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Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
23

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
5
$83,321
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOWARD SYNDER BOARD MEMBER 1.00
Director
$0 $0 $0
TANYA STAMPS TREASURER 1.00
Officer Director
$0 $0 $0
EDUARDO CASTRO PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRIS LAURENT BOARD MEMBER 1.00
Director
$0 $0 $0
CARLOS VELAZQUEZ-SANCHEZ BOARD MEMBER 1.00
Director
$0 $0 $0
JANA BUDET BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN SANDS BOARD MEMBER 1.00
Director
$0 $0 $0
KATE WOLF BOARD MEMBER 1.00
Director
$0 $0 $0
MARTA ALAMO BOARD MEMBER 1.00
Director
$0 $0 $0
GABRIELA PARRA BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL GRIPPE BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA RODRIGUEZ VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KEVIN KUSCHEL EXECUTIVE DIRECTOR 40.00
Officer
$45,000 $0 $45,000
PATRICIA NAJERA PART TIME EXEC DIRECTOR 40.00
Officer
$38,321 $0 $38,321
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 $190,136 $189,949 $360,030 $187
2022 $282,919 $308,076 $386,636 $-25,157
2021 $257,861 $208,289 $315,870 $49,572
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