He Is Me Institute Inc

EIN: 832578037 501(c)(3) Education

Boston, MA

Total Revenue
$734,486
Total Expenses
$594,921
Total Assets
$256,506
Net Assets
$231,336
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MA
Principal Officer
ROBERT J HENDRICKS III
Phone
6177657232
Tax Period
2023-10-01 to 2024-09-30

He Is Me Institute Inc, founded in 2018, is a small nonprofit in the Education sector that reported $734K in total revenue in fiscal year 2023. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $140K, a strong 19% operating margin.

Mission

ENSURE THAT BLACK MALE TEACHERS HAVE LIFELONG ACCESS TO RESOURCES, EXPERIENCES, AND OPPORTUNITIES THAT SUPPORT THEM AS THEY ARE RECRUITED, RETAINED, AND RETIRE AS TEACHERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $660,110
Program Service Revenue $20,500
Investment Income $0
Other Revenue $53,876
TOTAL REVENUE $734,486

Expense Breakdown

Grants Paid $0
Salaries & Benefits $376,125
Fundraising Expenses $75,226
Program Expenses $248,675
Other Expenses $218,796
TOTAL EXPENSES $594,921

Year-over-Year Comparison

2023 2022 Change
Revenue $734,486 $424,385 +0.7%
Expenses $594,921 $655,672 -0.1%
Net Income $139,565 $-231,287 -1.6%
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
9
Independent Members
9
Employees
2
Volunteers
45

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
6
$133,792
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert J Hendricks III FOUNDER & CEO 45.0
Officer
$132,278 $1,514 $133,792
Dr Phelton Moss Board President 1.0
Officer Director
$0 $0 $0
John Pannell Board First VP and Chair, Gov. 1.0
Officer Director
$0 $0 $0
Dr Lawrence Green Board Second VP & Chair, EA 1.0
Officer Director
$0 $0 $0
Yawntershia Coleman Board Treas. & Vice Chair, IA 1.0
Officer Director
$0 $0 $0
Christopher Dancy Ex-Officio (Adv. Board Pres.) 1.0
Officer Director
$0 $0 $0
Fabienne Francois-Morisset Board Director 1.0
Director
$0 $0 $0
Dr Soundhari Balaguru Board Director 1.0
Director
$0 $0 $0
Dr Rayshawn Eastman BOARD DIRECTOR 1.0
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 $734,486 $594,921 $256,506 $139,565
2023 $424,385 $655,672 $101,565 $-231,287
2022 $581,841 $732,027 $328,038 $-150,186
2021 $659,980 $401,188 $370,365 $258,792
2021 $750,738 $386,123 $473,244 $364,615
2020 $282,139 $173,510 $114,693 $108,629
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