DEMOCRACY INITIATIVE EDUCATION FUND (EIN 473828546) - 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

2015

Legal Domicile

Principal Officer

CHARLY CARTER

Phone

2025676101

Tax Period

2022-01-01 to 2022-12-31

DEMOCRACY INITIATIVE EDUCATION FUND, founded in 2015, is a small nonprofit that reported $610K in total revenue in fiscal year 2022. Revenue surged 2643% from the prior year, signaling strong growth momentum. The organization ran a surplus of $106K, a strong 17% operating margin.

Mission

TO DEDICATE ITSELF TO PUBLIC EDUCATION FOR MEMBER ORGANIZATIONS ABOUT THE NECESSITY OF BROADER DEMOCRACY REFORM SO THAT DEMOCRACY INITIATIVE EDUCATION FUND CAN FULLY REALIZE THE PROMISE OF AMERICAN DEMOCRACY; A GOVERNMENT OF, BY, AND FOR THE PEOPLE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $609,716

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $609,716

Expense Breakdown

Grants Paid $0

Salaries & Benefits $359,137

Fundraising Expenses $22,728

Program Expenses $302,121

Other Expenses $144,225

TOTAL EXPENSES $503,362

Year-over-Year Comparison

	2022	2021	Change
Revenue	$609,716	$22,227	+26.4%
Expenses	$503,362	$507,974	0.0%
Net Income	$106,354	$-485,747	-1.2%

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

N/A

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

$179,255

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TEFERE GEBRE	DIR. & PRESIDENT UNTIL MAR. 2022	1.00	Officer Director	$0	$0	$0
MARILYN CARPENTEYRO	PRESIDENT AS OF OCT. 2022	1.00	Officer Director	$0	$0	$0
KAREN HOBART FLYNN DIR	AND SEC./TREASURER UNTIL OCT. 2022	1.00	Officer Director	$0	$0	$0
VIRGINIA KASE SOLOMON	DIRECTOR	1.00	Director	$0	$0	$0
TAIFA BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
DERRICK JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
ERICH PICA	DIRECTOR	1.00	Director	$0	$0	$0
CHARLY CARTER	EXECUTIVE DIRECTOR	35.00	Officer	$0	$16,000	$179,255

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
2022	$609,716	$503,362	$232	$106,354
2021	$22,227	$507,974	$45,094	$-485,747
2020	$857,030	$810,176	$573,708	$46,854
2019	$353,229	$815,231	$634,868	$-462,002
2018	$1,070,730	$722,078	$1,021,677	$348,652

DEMOCRACY INITIATIVE EDUCATION FUND