NLEN SUPPORT CORPORATION (EIN 853601245) - 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

2021

Legal Domicile

Principal Officer

BRENDA PALMS

Phone

7736381825

Tax Period

2023-07-01 to 2024-06-30

NLEN SUPPORT CORPORATION, founded in 2021, is a micro nonprofit in the Employment sector that reported $78K in total revenue in fiscal year 2023. Expenses of $473K exceeded revenue, resulting in a 505% operating deficit.

Mission

TO OWN AND MANAGE BUILDINGS TO HOUSE AFFILIATE 501(C)(3) NONPROFIT ORGANIZATION, NORTH LAWNDALE EMPLOYMENT NETWORK

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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 $0

Program Service Revenue $0

Investment Income $1,210

Other Revenue $77,000

TOTAL REVENUE $78,210

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $472,968

Other Expenses $472,968

TOTAL EXPENSES $472,968

Year-over-Year Comparison

	2023	2022	Change
Revenue	$78,210	$77,517	+0.0%
Expenses	$472,968	$454,767	+0.0%
Net Income	$-394,758	$-377,250	+0.0%

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

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

$371,179

Total Directors

$371,179

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA PALMS	PRESIDENT & CEO	10.00	Officer Director	$0	$0	$371,179
MICHAEL KRAMER	TREASURER	1.00	Officer Director	$0	$0	$0
SARAH BERNSTEIN	SECRETARY	1.00	Officer Director	$0	$0	$0
RODNEY BROWN	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN SUTTON	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
2025	No data	No data	No data	No data
2024	$78,210	$472,968	$8,456,233	$-394,758
2023	$77,517	$454,767	$8,828,974	$-377,250
2022	$77,099	$422,783	$9,206,093	$-345,684
2021	$1,665,038	$42,415	$9,505,038	$1,622,623

NLEN SUPPORT CORPORATION