COURAGE INITIATIVE LTD (EIN 810768966) - 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

2016

Principal Officer

BRAD SCHLAIKOWSKI

Phone

4142335777

Tax Period

2023-01-01 to 2023-12-31

COURAGE INITIATIVE LTD, founded in 2016, is a small nonprofit in the Human Services sector that reported $913K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $868K left a modest 5% surplus.

Mission

COURAGE INITIATIVE FUELS A COLLABORATIVE MOVEMENT TO PROVIDE THE HOUSING, RESOURCES AND SERVICES THAT DISPLACED AND HOMELESS LGBTQ YOUTH IN MILWAUKEE NEED TO THRIVE, AS WELL AS SCHOLARSHIPS AND OTHER SERVICES FOR THE LGBTQ YOUTH OF OUR COMMUNITY.

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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 $872,658

Program Service Revenue $0

Investment Income $0

Other Revenue $40,810

TOTAL REVENUE $913,468

Expense Breakdown

Grants Paid $0

Salaries & Benefits $545,598

Fundraising Expenses $201,050

Program Expenses $623,880

Other Expenses $322,213

TOTAL EXPENSES $867,811

Year-over-Year Comparison

	2023	2022	Change
Revenue	$913,468	$807,709	+0.1%
Expenses	$867,811	$602,316	+0.4%
Net Income	$45,657	$205,393	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD SCHLAIKOWSKI	EXECUTIVE DI	N/A	Director	$0	$0	$0
DAN TERRIO	PRESIDENT	N/A	Director	$0	$0	$0
ROBIN MATCHETT-SCHMIDT	VICE PRESIDE	N/A	Director	$0	$0	$0
PABLO NAVARRO	MEMBER	N/A	Director	$0	$0	$0
JAMILA DAWN MITCHELL	MEMBER	N/A	Director	$0	$0	$0
BRODERICK PEARSON	MEMBER	N/A	Director	$0	$0	$0
KB PALLO	SECRETARY	N/A	Director	$0	$0	$0
CRISTIN BOCK	MEMBER	N/A	Director	$0	$0	$0
WILL ANDERSON	MEMBER	N/A	Director	$0	$0	$0
TREVOR BENNETT	TREASURER	N/A	Director	$0	$0	$0
JACI RUBEN	MEMBER	N/A	Director	$0	$0	$0
ERIN FAY	MEMBER	N/A	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	$913,468	$867,811	$551,540	$45,657
2022	$807,709	$602,316	$506,749	$205,393
2021	$777,578	$663,288	$338,245	$114,290
2020	$547,704	$613,525	$156,538	$-65,821
2019	$347,419	$293,512	$159,471	$53,907

COURAGE INITIATIVE LTD