CMWP FOUNDATION INC

EIN: 921825896 501(c)(3) Public & Societal Benefit

NEW HAVEN, CT

Total Revenue
$222,351
Total Expenses
$117,830
Total Assets
$107,311
Net Assets
$104,519
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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
2023
Legal Domicile
CT
Principal Officer
LATISHA DOUGLAS
Tax Period
2023-01-01 to 2023-12-31

CMWP FOUNDATION INC, founded in 2023, is a small nonprofit in the Public & Societal Benefit sector that reported $222K in total revenue in fiscal year 2023. The organization ran a surplus of $105K, a strong 47% operating margin.

Mission

CMWP FOUNDATION, INC. IS AN ENTREPRENEURIAL SUPPORT ORGANIZATION (ESO) PROVIDING TARGETED SUPPORT FOR BLACK AND BROWN BUSINESS OWNERS NATIONALLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $190,156
Program Service Revenue $10,379
Investment Income $258
Other Revenue $21,558
TOTAL REVENUE $222,351

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,400
Fundraising Expenses $26,370
Program Expenses $78,415
Other Expenses $115,804
TOTAL EXPENSES $117,830

Year-over-Year Comparison

2023 2022 Change
Revenue $222,351 N/A N/A
Expenses $117,830 N/A N/A
Net Income $104,521 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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
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
2
$1,000
Total Directors
1
$400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LATISHA DOUGLAS VICE PRESIDE 10.00
Officer
$0 $500 $500
SAMANTHA WILLIAMS PRESIDENT 15.00
Officer
$0 $500 $500
RANDI MCCRAY DIRECTOR 3.00
Director
$0 $400 $400
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
2023 $222,351 $117,830 $107,311 $104,521
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