COMMUNITY LITERATURE INITIATIVE (EIN 473601335) - 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

2014

Legal Domicile

Phone

2139866586

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY LITERATURE INITIATIVE, founded in 2014, is a small nonprofit in the Human Services sector that reported $403K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $494K exceeded revenue, resulting in a 23% operating deficit.

Mission

To serve educate and find love for poetry especially for marginalized people of color in the community.

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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 $351,363

Program Service Revenue $0

Investment Income $0

Other Revenue $51,327

TOTAL REVENUE $402,690

Expense Breakdown

Grants Paid $0

Salaries & Benefits $274,350

Fundraising Expenses $0

Program Expenses $493,904

Other Expenses $219,554

TOTAL EXPENSES $493,904

Year-over-Year Comparison

	2023	2022	Change
Revenue	$402,690	$565,256	-0.3%
Expenses	$493,904	$614,673	-0.2%
Net Income	$-91,214	$-49,417	+0.8%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Baridi Kipande	President	Officer	$0	$0	$0
Maureen Piquette	Secretary	Officer	$0	$0	$0
Jamelle Nelson	Treasurer	Officer	$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
2023	$402,690	$493,904	$168,696	$-91,214
2022	$565,256	$614,673	$75,531	$-49,417
2021	$292,942	$336,479	$111,711	$-43,537

COMMUNITY LITERATURE INITIATIVE