THE CARNEGIE INITIATIVE INC

EIN: 861551836 501(c)(3)

LEXINGTON, MA

Total Revenue
$31,009
Total Expenses
$2,606
Total Assets
$30,403
Net Assets
$28,403
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
DE
Principal Officer
BRYANT MCBRIDE
Phone
6175486529
Tax Period
2021-01-01 to 2021-12-31

THE CARNEGIE INITIATIVE INC, founded in 2021, is a micro nonprofit that reported $31K in total revenue in fiscal year 2021. The organization ran a surplus of $28K, a strong 92% operating margin.

Mission

(1) TO CONDUCT RESEARCH AND COMPILE DATA ABOUT INDIVIDUAL AND SYSTEMATIC FORMS OF RACISM, DISCRIMINATION, AND STEREOYPING IN HOCKEY AND DISSEMINATE RESULTS TO THE GENERAL PUBLIC TO INCREASE UNDERSTANDING AND AWARENESS; (2) TO ORGANIZE AND IMPLEMENT CONFERENCES AND WORKSHOPS FOR THE GENERAL PUBLIC ABOUT INSTITUTIONAL AND INDIVIDUAL FORMS OF RACISM, DISCRIMINATION, AND STEREOTYPING IN HOCKEY; (3) TO EDUCATE ABOUT RACIAL PREJUDICE AND OTHER FORMS OF DISCRIMINATION THROUGH WEBINARS AND PODCASTS INTENDED FOR THE GENERAL PUBLIC; 4) TO ORGANIZE AND IMPLEMENT EDUCATIONAL AND TRAINING PROGRAMS FOR HOCKEY COACHES AND EXECUTIVES ON ANTI-RACISM AND DIVERSITY TO PROMOTE WIDER UNDERSTANDING OF THE DISCRIMINATION MEMBERS OF THE BIPOC, LGBTQ+ AND DISABLED COMMUNITIES FACE AND HOW TO CREATE MORE OPPORTUNITIES FOR PARTICIPATION BY MEMBERS OF THESE GROUPS; AND (5) TO DO ANY ACT OR THING INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF.

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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 (2021)

Revenue Breakdown

Contributions & Grants $11,800
Program Service Revenue $19,209
Investment Income $0
Other Revenue $0
TOTAL REVENUE $31,009

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $606
Other Expenses $2,606
TOTAL EXPENSES $2,606

Year-over-Year Comparison

2021 2020 Change
Revenue $31,009 N/A N/A
Expenses $2,606 N/A N/A
Net Income $28,403 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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
3

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYANT MCBRIDE PRESIDENT 5.00
Officer Director
$0 $0 $0
LAUREN A CAMPER TREASURER 1.00
Officer Director
$0 $0 $0
FRANK SUPOVITZ SECRETARY 1.00
Officer Director
$0 $0 $0
REBECCA R HESS DIRECTOR 1.00
Director
$0 $0 $0
WILLIE E O'REE DIRECTOR 1.00
Director
$0 $0 $0
JOSHUA A PAULS DIRECTOR 1.00
Director
$0 $0 $0
CHI-YIN TSA DIRECTOR 1.00
Director
$0 $0 $0
KARINA M VILLEGAS 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
2021 $31,009 $2,606 $30,403 $28,403
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