KRAMDEN INSTITUTE 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

2003

Legal Domicile

Principal Officer

CYNDY YU-ROBINSON

Phone

9192931133

Tax Period

2023-01-01 to 2023-12-31

KRAMDEN INSTITUTE INC, founded in 2003, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $2.6M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE TECHNOLOGY TOOLS AND TRAINING TO BRIDGE THE DIGITAL DIVIDE.

Program Service Accomplishments

Program 1

Expenses: $2,110,688 Revenue: $1,112,023

KRAMDEN'S MISSION IS ADVANCING EQUITABLE ACCESS TO DEVICES, CONNECTIVITY, AND TECHNOLOGY EDUCATION. SINCE 2003, KRAMDEN HAS AWARDED MORE THAN 55,000 COMPUTERS ACROSS NORTH CAROLINA, TAUGHT TECHNOLOGY SKILLS TO MORE THAN 12,000 PEOPLE OF ALL AGES, AND RECYCLED MORE THAN 2 MILLION POUNDS OF E- WASTE. KRAMDEN'S BIGGEST EXPENSE CATEGORIES ARE SALARIES FOR OUR EDUCATIONAL AND TECHNICAL OPERATIONS STAFF (60%), DEVICES AND PARTS (20%), AND DONATED EQUIPMENT ACQUISITION AND RECYCLING (20%). THESE CHIEF ACTIVITIES ENABLE US TO PROVIDE REFURBISHED DESKTOPS TO K-12 STUDENTS (KTS PROGRAM), LOW COST DEVICES TO LOW INCOME ADULTS (TAP PROGRAM) AND TO NON- PROFIT ORGANIZATIONS, SCHOOLS, AND CHURCHES (TECH EQUIPMENT PARTNERS PROGRAM), AND DEVICES TO PEOPLE WHO COMPLETE A FREE 8-HOUR COMPUTER BASICS CLASS.

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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 $1,056,276

Program Service Revenue $1,112,023

Investment Income $21,973

Other Revenue $1,606

TOTAL REVENUE $2,191,878

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,217,883

Fundraising Expenses $228,061

Program Expenses $2,110,688

Other Expenses $1,337,627

TOTAL EXPENSES $2,555,510

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,191,878	$2,636,445	-0.2%
Expenses	$2,555,510	$2,643,272	0.0%
Net Income	$-363,632	$-6,827	+52.3%

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

797

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

$107,348

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNDY YU-ROBINSON	ED	40.00	Officer	$94,773	$12,575	$107,348
JOHN WILSON	CHAIR	1.50	Officer Director	$0	$0	$0
DEREK KELLY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
RICHARD MARTIN CPA	TREASURER	0.50	Officer Director	$0	$0	$0
DAVE COSTAR	SECRETARY	0.50	Officer Director	$0	$0	$0
MARK D DIBNER	FOUNDER	1.00	Director	$0	$0	$0
THOMAS DEKLE	BOARD MEMBER	0.50	Director	$0	$0	$0
KURT SCHMIDT	BOARD MEMBER	0.50	Director	$0	$0	$0
LUIS HERNANDEZ	BOARD MEMBER	0.50	Director	$0	$0	$0
MIA BAILEY	BOARD MEMBER	0.50	Director	$0	$0	$0
TRACY STERNBERG	BOARD MEMBER	0.50	Director	$0	$0	$0
SAMUEL CAMPBELL	BOARD MEMBER	0.50	Director	$0	$0	$0
MARIA ROSA RANGEL	BOARD MEMBER	0.50	Director	$0	$0	$0
KEVIN LYN	BOARD MEMBER	0.50	Director	$0	$0	$0
TIMERI ANDERSON	BOARD MEMBER	0.50	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,191,878	$2,555,510	$4,415,214	$-363,632
2022	$2,636,445	$2,643,272	$4,602,402	$-6,827
2022	$2,636,445	$2,643,272	$4,602,402	$-6,827
2021	$3,356,768	$1,583,803	$4,737,614	$1,772,965
2020	$2,009,167	$1,654,121	$1,480,210	$355,046
2019	$1,958,306	$1,667,541	$1,096,292	$290,765
2018	$1,479,895	$1,399,575	$742,708	$80,320