IT TAKES A VILLAGE (ITAV) INC (EIN 821263508) - 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

2017

Legal Domicile

Principal Officer

WILLIAM T ATWATER

Phone

3163714691

Tax Period

2023-01-01 to 2023-12-31

IT TAKES A VILLAGE (ITAV) INC, founded in 2017, is a small nonprofit in the Youth Development sector that reported $785K in total revenue in fiscal year 2023.

Mission

TO PROVIDE AT RISK YOUTH WITH A STRUCTURED, STABLE, SECURE AND NURTURING ENVIRONMENT WIHT A GOAL OF TRANSITIONING THEM TO INDEPENDENT LIVING.

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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 $0

Program Service Revenue $779,955

Investment Income $5,170

Other Revenue $0

TOTAL REVENUE $785,125

Expense Breakdown

Grants Paid $88,319

Salaries & Benefits $674,860

Fundraising Expenses $83,721

Program Expenses $544,980

Other Expenses $41,296

TOTAL EXPENSES $804,475

Year-over-Year Comparison

	2023	2022	Change
Revenue	$785,125	$758,520	+0.0%
Expenses	$804,475	$947,718	-0.2%
Net Income	$-19,350	$-189,198	-0.9%

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

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

$98,424

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD EGAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ALICIA THOMPSON	TREASURER	1.00	Officer Director	$0	$0	$0
TEKETA HARDING	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
WILLIAM T ATWATER	EXECUTIVE DIRECTOR	60.00	Officer	$98,424	$0	$98,424

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	$785,125	$804,475	$14,466	$-19,350
2022	$758,520	$947,718	$27,982	$-189,198
2021	$785,586	$1,064,506	$191,579	$-278,920
2020	$1,051,299	$1,136,319	$158,299	$-85,020
2019	$932,326	$929,727	$123,126	$2,599
2018	$559,006	$536,423	$105,747	$22,583

IT TAKES A VILLAGE (ITAV) INC