YOUNG BLACK AND LIT (EIN 830750153) - 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

2018

Legal Domicile

Tax Period

2024-07-01 to 2025-06-30

YOUNG BLACK AND LIT, founded in 2018, is a small nonprofit in the Youth Development sector that reported $346K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 18% operating margin.

Mission

YOUNG, BLACK & LIT IS A 501(C)(3) NONPROFIT ORGANIZATION COMMITTED TO INCREASING ACCESS TO CHILDRENS BOOKS THAT CENTER, REFLECT, AND AFFIRM BLACK CHILDREN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $345,780

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $345,780

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $159,085

Other Expenses $282,053

TOTAL EXPENSES $282,053

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,780	$286,690	+0.2%
Expenses	$282,053	$240,723	+0.2%
Net Income	$63,727	$45,967	+0.4%

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

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

$76,923

Total Directors

$76,923

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRENICE RAMSEY	CO FOUNDER BOARD OF DIRECTOR	20.00	Officer Director	$39,231	$0	$39,231
DERRICK RAMSEY	CO FOUNDER BOARD OF DIRECTORS	20.00	Officer Director	$37,692	$0	$37,692
MARITTA ROSEMAN	BOARD OF DIRECTOR	10.00	Officer Director	$0	$0	$0
KRYSTIN MADISON	BOARD OF DIRECTOR	10.00	Officer Director	$0	$0	$0
KENDRA COLE	BOARD OF DIRECTOR	10.00	Officer Director	$0	$0	$0
FAITH LAM	BOARD OF DIRECTOR	10.00	Officer 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
2025	$345,780	$282,053	$822,152	$63,727
2024	$286,690	$240,723	$758,190	$45,967
2023	$151,115	$222,065	$552,572	$-70,950
2022	$418,471	$102,627	$189,480	$315,844
2021	$390,708	$129,813	$298,234	$260,895

YOUNG BLACK AND LIT