Six Sigma Racial Equity Institute … - Form 990 Financial Data

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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

2022

Legal Domicile

Principal Officer

Joy E Mason

Phone

3175728778

Tax Period

2024-01-01 to 2024-12-31

Six Sigma Racial Equity Institute Inc, founded in 2022, is a small nonprofit in the Education sector that reported $229K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $80K, a strong 35% operating margin.

Mission

The Six Sigma Racial Equity Institute is an innovative leadership program designed to upskill Black Women to be complex problem solvers.

Program Service Accomplishments

Program 1

Expenses: $51,958

The Six Sigma Racial Equity Institute is an innovative leadership program designed to upskill Black Women to be complex problem solvers.

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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 (2024)

Revenue Breakdown

Contributions & Grants $189,275

Program Service Revenue $37,636

Investment Income $1,614

Other Revenue $0

TOTAL REVENUE $228,525

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,118

Fundraising Expenses $15,587

Program Expenses $51,958

Other Expenses $129,694

TOTAL EXPENSES $148,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,525	$164,713	+0.4%
Expenses	$148,812	$60,511	+1.5%
Net Income	$79,713	$104,202	-0.2%

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

Governance

Voting Members

Independent Members

Employees

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

$17,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joy E Mason	Chief Executive	1.00	Officer	$17,500	$0	$17,500
Maria Wiley	Chairperson	0.50	Director	$0	$0	$0
Tim McCarthy	Board Member	0.50	Director	$0	$0	$0
Colette Burnette	Board Member	0.50	Director	$0	$0	$0
Janina Hogans	Board Member	0.50	Director	$0	$0	$0
Melissa Fairbanks	Board Member	0.50	Director	$0	$0	$0
Julie Liu	Board Member	0.50	Director	$0	$0	$0
Robert Shegog	Board Member	0.50	Director	$0	$0	$0
Geneva Taylor	Vice Chair	1.00	Officer	$0	$0	$0
Lauren Bickham	Treasurer	1.00	Officer	$0	$0	$0
Adrianne Slash	Secretary	1.00	Officer	$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	$228,525	$148,812	$224,458	$79,713

Six Sigma Racial Equity Institute Inc