The Community Financial Literacy Project INC

EIN: 831783402 501(c)(3) Community Improvement

West Hempstead, NY

Total Revenue
$100
Total Expenses
N/A
Total Assets
$2,531
Net Assets
$2,531
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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
Principal Officer
Edgar James
Phone
7185968481
Tax Period
2020-01-01 to 2020-12-31

The Community Financial Literacy Project INC, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $100 in total revenue in fiscal year 2020.

Mission

The Organization was set up to teach financial literacy to those desiring togain knowledge in the area. The idea was to provide information to assisit in the financial decision making most are subject to.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $100
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2020 2019 Change
Revenue $100 N/A N/A
Expenses N/A $2,569 -1.0%
Net Income N/A $-2,569 N/A
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

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Governance

Voting Members
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
edgar james cpa director 002.00
Officer Director
$0 $0 $0
edgar james mba director 002.00
Director
$0 $0 $0
mary e james director 002.00
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
2020 $100 No data $2,531 No data
2019 No data $2,569 $2,431 No data
2018 $5,000 No data $5,000 No data
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