INSTITUTE FOR FINANCIAL LITERACY INC (EIN 760707546) - 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

2002

Legal Domicile

Principal Officer

RACHEL GORDON

Phone

2078730068

Tax Period

2024-01-01 to 2024-12-31

INSTITUTE FOR FINANCIAL LITERACY INC, founded in 2002, is a small nonprofit in the Human Services sector that reported $221K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $502K represent 27 months of operating reserves.

Mission

TO PROMOTE EFFECTIVE FINANCIAL EDUCATION AND COUNSELING. THE INSTITUTE WORKS WITH ORGANIZATIONS ACROSS THE COUNTRY TO INCORPORATE FINANCIAL EDUCATION INTO THEIR EXISTING SERVICES AND IS DEPENDENT UPON INDIVIDUAL AND CORPORATE FINANCIAL SUPPORT TO ACCOMPLISH ITS MISSION.

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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 $4,380

Program Service Revenue $203,363

Investment Income $11,968

Other Revenue $861

TOTAL REVENUE $220,572

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,121

Fundraising Expenses $5,656

Program Expenses $200,717

Other Expenses $118,951

TOTAL EXPENSES $232,072

Year-over-Year Comparison

	2024	2023	Change
Revenue	$220,572	$280,801	-0.2%
Expenses	$232,072	$219,656	+0.1%
Net Income	$-11,500	$61,145	-1.2%

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

$80,038

Total Directors

$80,038

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN LINFIELD	BOARD CHAIRM	1.00	Officer Director	$0	$0	$0
RACHEL GORDON	EXEC DIR./SE	40.00	Officer Director	$74,128	$5,910	$80,038
PHILIP SUSMANN	TREASURER	1.00	Officer Director	$0	$0	$0
GWEN REICHBACH	DIRECTOR	1.00	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	$220,572	$232,072	$516,232	$-11,500
2023	$280,801	$219,656	$520,422	$61,145
2022	$150,784	$128,907	$475,167	$21,877
2021	$153,749	$121,050	$432,498	$32,699
2020	$152,888	$132,451	$398,403	$20,437
2019	$191,125	$174,702	$399,654	$16,423
2018	$156,227	$153,590	$380,970	$2,637

INSTITUTE FOR FINANCIAL LITERACY INC