TEC LEIMERT (EIN 825325496) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Phone

3238547622

Tax Period

2024-01-01 to 2024-12-31

TEC LEIMERT, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $272K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $240K left a modest 12% surplus.

Mission

TEC Leimert seeks to empower individuals and expose them to innovations in entertainment and technology through thoughtful programming.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $265,864

Program Service Revenue $5,797

Investment Income $2

Other Revenue $193

TOTAL REVENUE $271,856

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,578

Fundraising Expenses $8,239

Program Expenses $156,675

Other Expenses $206,592

TOTAL EXPENSES $240,170

Year-over-Year Comparison

	2024	2023	Change
Revenue	$271,856	$309,679	-0.1%
Expenses	$240,170	$271,596	-0.1%
Net Income	$31,686	$38,083	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Rashidi Jones	Chairman	10	Officer Director	$0	$0	$0
Vusi Azania	President	2	Officer Director	$0	$0	$0
Themba Nelson	Secretary	2	Officer Director	$0	$0	$0
Dam Funk	Member	1	Director	$0	$0	$0
Diana Simmons	Member	1	Director	$0	$0	$0
Antonio McFadden	Member	1	Director	$0	$0	$0
Byron Mobley	Member	1	Director	$0	$0	$0
Julie Van	Member	1	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	$271,856	$240,170	$8,298	$31,686
2023	$309,679	$271,596	$19,442	$38,083
2022	$292,669	$397,620	$2,614	$-104,951
2021	$219,774	$224,177	$9,267	$-4,403

TEC LEIMERT