The Hurston Institute for Learning and Development (EIN 842115578) - 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

2019

Legal Domicile

Principal Officer

Yolanda Majors

Phone

6123838182

Tax Period

2022-01-01 to 2022-12-31

The Hurston Institute for Learning and Development, founded in 2019, is a small nonprofit in the Education sector that reported $206K in total revenue in fiscal year 2022. Expenses of $181K left a modest 12% surplus.

Mission

Our goal is to build a culture of high achievement for low-income, non-dominant (L1ND) communities in North & South Minneapolis and East Metro St. Paul. We are driven to combat the systemic inequities that have resulted in low academic achievement, low workplace retention, and high unemployment for African Americans by:Designing and implementing Science, Technology, Engineering, the Arts and Mathematics (STEAM) learning opportunities based on community interests, needs, and assets.Bringing educators and mentors into communities that have historically lacked equitable learning opportunities.Helping educators incorporate culturally-responsive teaching and learning into classroom, community, and workplace practices.Conducting research to identify best practices for youth and family engagement and learning.

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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 (2022)

Revenue Breakdown

Contributions & Grants $30,000

Program Service Revenue $176,374

Investment Income $20

Other Revenue $0

TOTAL REVENUE $206,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,575

Fundraising Expenses $0

Program Expenses $128,195

Other Expenses $41,042

TOTAL EXPENSES $180,617

Year-over-Year Comparison

	2022	2021	Change
Revenue	$206,394	N/A	N/A
Expenses	$180,617	N/A	N/A
Net Income	$25,777	N/A	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

N/A

Employees

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

Total Directors

$56,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Yolanda Majors	President & CEO	50.00	Director	$56,000	$0	$56,000

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
2022	$206,394	$180,617	$135,814	$25,777

The Hurston Institute for Learning and Development