Byte Back Inc (EIN 522061398) - 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

1997

Legal Domicile

Principal Officer

Desy Osunsade

Phone

2025293395

Tax Period

2023-01-01 to 2023-12-31

Byte Back Inc, founded in 1997, is a community nonprofit in the Employment sector that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $3.7M exceeded revenue, resulting in a 101% operating deficit.

Mission

Byte Back's mission is to close the digital divide by providing historically excluded communities an equitable pathway into the digital economy.

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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 $1,793,462

Program Service Revenue $32,550

Investment Income $1,366

Other Revenue $-5,754

TOTAL REVENUE $1,821,624

Expense Breakdown

Grants Paid $115,966

Salaries & Benefits $2,060,044

Fundraising Expenses $259,295

Program Expenses $2,418,005

Other Expenses $1,488,485

TOTAL EXPENSES $3,664,495

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,821,624	$3,557,365	-0.5%
Expenses	$3,664,495	$3,198,919	+0.1%
Net Income	$-1,842,871	$358,446	-6.1%

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

$183,555

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Desy Osunsade	Board Chair	2.50	Officer Director	$0	$0	$0
John Crain	Vice Chair	2.50	Officer Director	$0	$0	$0
Shanaz Chowdhery-Witt	Secretary	2.50	Officer Director	$0	$0	$0
Michelle Larkin MBA PMP	Treasurer	2.50	Officer Director	$0	$0	$0
Adam Clater	Director	1.00	Director	$0	$0	$0
Anne Morrison	Director	1.00	Director	$0	$0	$0
Anthony Wilson	Director	1.00	Director	$0	$0	$0
Arthur Ransier	Director	1.00	Director	$0	$0	$0
Hussainatu Blake	Director	1.00	Director	$0	$0	$0
Jacob Aladejobi	Director	1.00	Director	$0	$0	$0
LaToya Staten	Director	1.00	Director	$0	$0	$0
Melissa Turcios	Director	1.00	Director	$0	$0	$0
Nathan Robertson	Director	1.00	Director	$0	$0	$0
Nita Asher	Director	1.00	Director	$0	$0	$0
Rashid Mayes	Director	1.00	Director	$0	$0	$0
Rosario Robinson	Director	1.00	Director	$0	$0	$0
Shawn Gross	Director	1.00	Director	$0	$0	$0
Jackie Kazil	Director	1.00	Director	$0	$0	$0
Chris Arabia	Director	1.00	Director	$0	$0	$0
Zia Ahmed	Director	1.00	Director	$0	$0	$0
Brenda Shelman	Director	1.00	Director	$0	$0	$0
Joseph Paul	CEO	29.00	Officer	$134,694	$9,261	$143,955
Wanda Pierce	Interim CEO	7.00	Officer	$39,600	$0	$39,600
Kim Thornburg	Head of Development, Advancement, & Corporate Rela	30.00	Highest	$113,278	$13,174	$126,452
Chrissie Powell	Chief Growth & Impact Officer	33.00	Highest	$112,495	$19,619	$132,114
Sharon Morgenthaler	Head of Programs (Administration, Assessment, Impa	29.00	Highest	$103,937	$15,804	$119,741

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	$1,821,624	$3,664,495	$1,120,391	$-1,842,871
2022	$3,557,365	$3,198,919	$2,994,884	$358,446
2021	$2,818,171	$2,764,723	$2,367,947	$53,448
2020	$2,749,135	$3,044,545	$2,842,028	$-295,410
2019	$2,774,237	$2,646,547	$2,735,657	$127,690
2018	$2,563,197	$2,411,426	$2,681,927	$151,771

Byte Back Inc