THE IMPERATIVE 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

2020

Legal Domicile

Principal Officer

ALEXANDRA BASTIEN

Phone

7742743902

Tax Period

2023-07-01 to 2024-06-30

THE IMPERATIVE INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $411K in total revenue in fiscal year 2023. Revenue surged 497% from the prior year, signaling strong growth momentum. The organization ran a surplus of $320K, a strong 78% operating margin.

Mission

BUILDING A NEW PHILATHROPIC INSTITUTION SOLELY FOCUSED ON PROMOTING THE WEALTH, HEALTH AND CONNECTEDNESS OF BLACK PEOPLE.

Program Service Accomplishments

Program 1

Expenses: $70,182

WE ARE ESTABLISHING A FUND TO MAKE STRATEGIC INVESTMENTS THAT IMPROVE WEALTH AND HEALTH WHILE INCREASING THE SOCIAL AND ECONOMIC TIES OF BLACK PEOPLE GLOBALLY. OUR ROLES IN ADDITION TO OUR ROLE AS A FUNDER AND INVESTOR, THE IMPERATIVE WILL ALSO SERVE IN THE FOLLOWING CAPACITIES IN PHILANTHROPY: CONVENER WE WILL REGULARLY BUILD RELATIONSHIPS AND BRING STAKEHOLDERS TOGETHER TO IDENTIFY BOTH IMMEDIATE AND LONG-TERM NEEDS FOR THE CULTURE. IN COMING TOGETHER, WE WILL LEARN ABOUT BEST PRACTICES AND STRATEGIZE ON A UNITED PATH FORWARD FOR BLACK PEOPLE COLLABORATOR WE WILL REGULARLY CREATE AND SEEK OPPORTUNITIES TO COLLABORATE WITH OTHER PHILANTHROPIES, PUBLIC AND PRIVATE SECTORS TO ACHIEVE OUR STATED MISSION. COMMUNICATOR WE WILL USE OUR ROLE WITHIN PHILANTHROPY TO EXPRESS IDEAS THAT GIVE PEOPLE COVER TO ADDRESS ISSUES IN OUR COMMUNITIES WITHOUT FEAR OF LOSS OF FUNDING. OUR RESEARCH, PUBLICATIONS AND INVESTMENTS WILL SERVE AS DIRECTION TO THOSE WANTING TO SUPPORT THE INTERESTS OF BLACK PEOPLE

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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 $405,636

Program Service Revenue $0

Investment Income $5,774

Other Revenue $0

TOTAL REVENUE $411,410

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $2,825

Program Expenses $70,182

Other Expenses $71,515

TOTAL EXPENSES $91,515

Year-over-Year Comparison

	2023	2022	Change
Revenue	$411,410	$68,866	+5.0%
Expenses	$91,515	$64,904	+0.4%
Net Income	$319,895	$3,962	+79.7%

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
ALICIA ADAMSON	DIRECTOR	1.00	Director	$0	$0	$0
NGUNAN ADAMU	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRA BASTIEN	PRESIDENT/SE	1.00	Officer Director	$0	$0	$0
JESSICA BEDNEY	TREASURER	1.00	Officer Director	$0	$0	$0
OLU FANN	DIRECTOR	1.00	Director	$0	$0	$0
PETER HERBERT	DIRECTOR	1.00	Director	$0	$0	$0
JOSINA MACHEL	DIRECTOR	1.00	Director	$0	$0	$0
TEMI MWALE	DIRECTOR	1.00	Director	$0	$0	$0
ADE OGUNTOYE	DIRECTOR	1.00	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	$411,410	$91,515	$557,971	$319,895
2023	$68,866	$64,904	$230,076	$3,962