KUUMBA LEARNING CENTER INC (EIN 521837571) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

MAJA RASHEED

Phone

2025635971

Tax Period

2024-01-01 to 2024-12-31

KUUMBA LEARNING CENTER INC, founded in 1992, is a small nonprofit in the Education sector that reported $612K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $581K left a modest 5% surplus.

Mission

MOST SIGNIFICANT ACTIVITY: TO DEVELOP AND ADMINISTER PROGRAMS WHICH EDUCATE CHILDREN AND YOUTH FROM THEIR INFANCY TO HIGH SCHOOL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $611,824

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $611,824

Expense Breakdown

Grants Paid $0

Salaries & Benefits $297,348

Fundraising Expenses $0

Program Expenses $321,326

Other Expenses $283,863

TOTAL EXPENSES $581,211

Year-over-Year Comparison

	2024	2023	Change
Revenue	$611,824	$665,630	-0.1%
Expenses	$581,211	$763,074	-0.2%
Net Income	$30,613	$-97,444	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

$31,056

Total Directors

$31,056

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAJA RASHEED	President	40.00	Officer Director	$31,056	$0	$31,056

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	$611,824	$581,211	$1,475,562	$30,613
2023	$665,630	$763,074	$1,538,897	$-97,444
2022	$928,526	$746,579	$1,639,806	$181,947
2021	$1,024,771	$579,259	$1,488,044	$445,512
2020	$961,855	$768,625	$1,327,429	$193,230
2019	$1,025,940	$894,377	$1,009,960	$131,563
2018	$1,003,302	$818,245	$1,030,601	$185,057

KUUMBA LEARNING CENTER INC