SIT IN MOVEMENT INC

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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

1994

Legal Domicile

Principal Officer

DR EDWARD FORT

Phone

3362749199

Tax Period

2024-01-01 to 2024-12-31

SIT IN MOVEMENT INC, founded in 1994, is a micro nonprofit in the Civil Rights & Advocacy sector that reported $11K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $812K exceeded revenue, resulting in a 7036% operating deficit.

Mission

TO ESTABLISH AND MAINTAIN AN INTERNATIONAL CIVIL RIGHTS MUSEUM. THE MUSEUM WAS COMPLETED IN 2010.

Program Service Accomplishments

Program 1

TO ESTABLISH AND TO OPERATE AN INTERNATIONAL CIVIL RIGHTS MUSEUM

Program 2

THE ORGANIZATION PURCHASED THE WOOLWORTH BUILDING FOR RENOVATION AS THE INTERNATIONAL CIVIL RIGHTS MUSEUM IN EARLY 1995. THE MUSEUM WAS OPENED IN 2010 AND OPERATES PROVIDING TOURS AND IT HOUSES A...

THE ORGANIZATION PURCHASED THE WOOLWORTH BUILDING FOR RENOVATION AS THE INTERNATIONAL CIVIL RIGHTS MUSEUM IN EARLY 1995. THE MUSEUM WAS OPENED IN 2010 AND OPERATES PROVIDING TOURS AND IT HOUSES A GIFT SHOP. THE MUSEUM OPERATION AND GIFT SHOP WAS FORMED AS AN LLC ENTITY AND FILES FORM 1120 THAT REFLECTS ITS OPERATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $118,035

Program Service Revenue $0

Investment Income $140

Other Revenue $-106,789

TOTAL REVENUE $11,386

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,874

Fundraising Expenses $118,196

Program Expenses $469,231

Other Expenses $739,575

TOTAL EXPENSES $812,449

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,386	$459,029	-1.0%
Expenses	$812,449	$893,024	-0.1%
Net Income	$-801,063	$-433,995	+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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATHANIEL DAVIS	DIRECTOR	N/A	Director	$0	$0	$0
HURLEY DERRICKSON	DIRECTOR	N/A	Director	$0	$0	$0
DOUG HARRIS ESQ	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL HALFORD	DIRECTOR	N/A	Director	$0	$0	$0
MELVIN ALSTON	CO-BOARD CHA	N/A	Officer	$0	$0	$0
DR EDWARD FORT	SECTETARY	N/A	Officer	$0	$0	$0
DEENA HAYES	CO-BOARD CHA	N/A	Officer	$0	$0	$0
EARL JONES	VICE-CHAIRMA	N/A	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
2024	$11,386	$812,449	$27,113,149	$-801,063
2023	$459,029	$893,024	$28,479,544	$-433,995
2022	$6,378,382	$780,491	$29,450,267	$5,597,891
2021	$697,187	$642,380	$16,350,411	$54,807
2020	$634,477	$754,147	$16,212,507	$-119,670