Childrens Books on Wheels (EIN 680598381) - 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

2005

Legal Domicile

Principal Officer

Rita Wiltz CEO

Tax Period

2023-01-01 to 2023-12-31

Childrens Books on Wheels, founded in 2005, is a small nonprofit in the Youth Development sector that reported $160K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $154K left a modest 4% surplus.

Mission

CBOW provides outreach and promotion through tutoring, educational support and cultural arts events for pre-K to 12th grade students.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $119,631

Program Service Revenue $35,000

Investment Income $0

Other Revenue $5,150

TOTAL REVENUE $159,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,200

Fundraising Expenses $0

Program Expenses $132,564

Other Expenses $80,419

TOTAL EXPENSES $153,619

Year-over-Year Comparison

	2023	2022	Change
Revenue	$159,781	$256,727	-0.4%
Expenses	$153,619	$244,021	-0.4%
Net Income	$6,162	$12,706	-0.5%

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

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

$72,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rita Wiltz	President	40.00	Officer	$72,800	$0	$72,800
Sharon Goudeau	Board Member	2.00	Director	$0	$0	$0
Edna Asare	Board Member	2.00	Director	$0	$0	$0
Courtney Banks	Board Member	2.00	Director	$0	$0	$0
Juliette Shepherd	Board Member	2.00	Director	$0	$0	$0
Constance Borders	Board Member	2.00	Director	$0	$0	$0
Mary Butler	Board Member	2.00	Director	$0	$0	$0
Mike McMillian	Board Member	2.00	Director	$0	$0	$0
Heather Nehila	Board Member	2.00	Director	$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	No data	No data	No data	No data
2023	$159,781	$153,619	$85,848	$6,162
2022	$256,727	$244,021	$79,686	$12,706

Childrens Books on Wheels