INSTITUTE OF UBUNTU (EIN 822720305) - 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

DALLAS LENEAR

Phone

6163085990

Tax Period

2021-01-01 to 2021-12-31

INSTITUTE OF UBUNTU, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $907K in total revenue in fiscal year 2021. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $267K, a strong 29% operating margin.

Mission

The Institute of Ubuntu (IOU) is decidedly a think tank focused on enhancing the lives of people of African descent in Grand Rapids, Michigan, by cultivating community and healing and by promoting intellectual, cultural and thought leadership.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $906,509

Investment Income $0

Other Revenue $0

TOTAL REVENUE $906,509

Expense Breakdown

Grants Paid $150,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $601,180

Other Expenses $489,331

TOTAL EXPENSES $639,331

Year-over-Year Comparison

	2021	2020	Change
Revenue	$906,509	$711,347	+0.3%
Expenses	$639,331	$446,725	+0.4%
Net Income	$267,178	$264,622	+0.0%

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

N/A

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
Dallas Lenear	President	0.5	Director	$0	$0	$0
Jessie Jones	Vice-President	0.5	Director	$0	$0	$0
Shatawn Brigham	Secretary	0.5	Director	$0	$0	$0
Tanell Hills	Treasurer	0.5	Director	$0	$0	$0
Regis Fox	Director	0.5	Director	$0	$0	$0
Garrett Fox	Director	0.5	Director	$0	$0	$0
Alvin J Hills IV	Director	0.5	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
2021	$906,509	$639,331	$583,102	$267,178

INSTITUTE OF UBUNTU