ULEC LEVERAGE INC (EIN 854352949) - 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

2020

Legal Domicile

Principal Officer

MARC H MORIAL

Phone

2125585300

Tax Period

2023-01-01 to 2023-12-31

ULEC LEVERAGE INC, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $155K in total revenue in fiscal year 2023. The organization ran a surplus of $152K, a strong 98% operating margin.

Mission

TO FACILITATE CONSTRUCTION FINANCING AND SUPPORT THE REAL PROPERTY LOCATED AT 117 WEST 125TH STREET, NEW YORK, NY FOR THE PROVISION OF A MUSEUM, COMMUNITY FACILITIES, AND OPERATING FACILITIES OF NATIONAL URBAN LEAGUE (NUL) , A NEW YORK NOT-FOR-PROFIT CORPORATION, TO USE TO CONDUCT NUL'S CHARITABLE PURPOSE.

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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 $0

Other Revenue $155,349

TOTAL REVENUE $155,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,474

Other Expenses $3,474

TOTAL EXPENSES $3,474

Year-over-Year Comparison

	2023	2022	Change
Revenue	$155,349	$155,135	+0.0%
Expenses	$3,474	$6,324	-0.5%
Net Income	$151,875	$148,811	+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

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

$2,142,251

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WINSTON BURNS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARC MORIAL	BOARD MEMBER	1.00	Director	$0	$71,789	$1,284,284
DENNIS SERRETTE	BOARD MEMBER	1.00	Director	$0	$68,546	$481,522
SIDNEY H EVANS JR	BOARD MEMBER	1.00	Director	$0	$24,570	$376,445

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	No data	No data	No data	No data
2023	$155,349	$3,474	$13,418,120	$151,875
2022	$155,135	$6,324	$13,263,095	$148,811
2021	$76,965	$131	$13,108,284	$76,834
2020	No data	No data	$3,633,250	No data

ULEC LEVERAGE INC