I AM WHY INC

EIN: 852643182 501(c)(3) Youth Development

NEWTON, MA

Total Revenue
$373,817
Total Expenses
$358,275
Total Assets
$24,841
Net Assets
$23,034
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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
2020
Legal Domicile
MA
Principal Officer
FRANCINE SHERMAN
Phone
9175745939
Tax Period
2024-07-01 to 2025-06-30

I AM WHY INC, founded in 2020, is a small nonprofit in the Youth Development sector that reported $374K in total revenue in fiscal year 2024. Expenses of $358K left a modest 4% surplus.

Mission

I AM WHY BRINGS YOUNG WOMEN AND GENDER EXPANSIVE ACTIVISTS TOGETHER WITH RESEARCHERS AND OTHER PARTNERS TO INCREASE YOUNG ACTIVISTS INDIVIDUAL AND COLLECTIVE POWER. BY CELEBRATING THEIR STRENGTHS AND SHARING THEIR STORIES AND VISIONS FOR JUSTICE, YOUNG PEOPLE LEAD THE WAY TO POLICIES, PRACTICES AND PROGRAMS THAT WORK.

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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 (2024)

Revenue Breakdown

Contributions & Grants $370,784
Program Service Revenue $3,033
Investment Income $0
Other Revenue $0
TOTAL REVENUE $373,817

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,516
Fundraising Expenses $5,075
Program Expenses $270,319
Other Expenses $194,759
TOTAL EXPENSES $358,275

Year-over-Year Comparison

2024 2023 Change
Revenue $373,817 $356,986 +0.0%
Expenses $358,275 $442,641 -0.2%
Net Income $15,542 $-85,655 -1.2%
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
5
Independent Members
5
Employees
3
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
3
$4,497
Total Directors
5
$4,497
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANCINE SHERMAN PRESIDENT/FO 10.00
Officer Director
$4,497 $0 $4,497
LINA TO CARTER DIRECTOR 2.00
Director
$0 $0 $0
CHANELLE ELAINE CHAIR 5.00
Officer Director
$0 $0 $0
XOCHTIL LARIOS DIRECTOR 2.00
Director
$0 $0 $0
K SHAKIRA WASHINGTON TREASURER 5.00
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 $373,817 $358,275 $24,841 $15,542
2024 No data No data No data No data
2024 No data No data No data No data
2023 $392,597 $546,334 $112,447 $-153,737
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