KONBIT NFP (EIN 811707315) - 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

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

KONBIT NFP, founded in 2016, is a small nonprofit in the Human Services sector that reported $179K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $220K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO HELP UNDERPRIVILEGED INVIVIDUALS IN NEED, PHYSICALLY AND SPIRITUALLY.

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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 $178,884

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $178,884

Expense Breakdown

Grants Paid $64,729

Salaries & Benefits $75,350

Fundraising Expenses $0

Program Expenses $199,797

Other Expenses $79,492

TOTAL EXPENSES $219,571

Year-over-Year Comparison

	2023	2022	Change
Revenue	$178,884	$252,811	-0.3%
Expenses	$219,571	$185,595	+0.2%
Net Income	$-40,687	$67,216	-1.6%

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

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

$73,350

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTOPHER COLEMAN	PRESIDENT	40.00	Officer	$73,350	$0	$73,350
KENNETH COLEMAN	SECRETARY	5.00	Officer	$0	$0	$0
KATRINA COLEMAN	TREASURER	5.00	Officer	$0	$0	$0
RACHAEL COLEMAN	VICE PRESIDENT	20.00	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
2023	$178,884	$219,571	$65,347	$-40,687
2022	$252,811	$185,595	$106,609	$67,216
2021	$230,938	$212,111	$59,205	$18,827
2020	$205,830	$199,380	$68,018	$6,450
2019	$268,764	$234,816	$93,104	$33,948
2018	$236,957	$177,801	$59,156	$59,156

KONBIT NFP