AMBASSADORS FOR LITERACY INC

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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

1999

Legal Domicile

Principal Officer

NORMAN F WATT

Phone

3033591264

Tax Period

2023-01-01 to 2023-12-31

AMBASSADORS FOR LITERACY INC, founded in 1999, is a small nonprofit that reported $582K in total revenue in fiscal year 2023. Revenue surged 184% from the prior year, signaling strong growth momentum.

Mission

Promoting literacy for young children in the Denver metropolitan area; and encouraging older children in the Denver metropolitan area who have overcome literacy challenges to pursue higher education.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

To provide flexible resources for expanding the Ambassadors for Literacy Program at the Rocky Mountain Prevention Research Center within the Colorado School of Public Health at Anschutz Medical...

To provide flexible resources for expanding the Ambassadors for Literacy Program at the Rocky Mountain Prevention Research Center within the Colorado School of Public Health at Anschutz Medical Campus.

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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 (2023)

Revenue Breakdown

Contributions & Grants $581,441

Program Service Revenue $0

Investment Income $280

Other Revenue $0

TOTAL REVENUE $581,721

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$581,721	$204,644	+1.8%
Expenses	N/A	$301,690	-1.0%
Net Income	N/A	$-97,046	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

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
Norman Watt	President	2.00	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
2023	$581,721	No data	No data	No data
2022	$204,644	$301,690	$96,133	$-97,046