IOLA'S LYCEUM

EIN: 932620087 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$1,266,079
Total Expenses
$65,178
Total Assets
$1,200,951
Net Assets
$1,200,951
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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
NY
Principal Officer
NIKOLE HANNAH-JONES
Phone
9173000768
Tax Period
2024-01-01 to 2024-12-31

IOLA'S LYCEUM, founded in 2023, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. The organization ran a surplus of $1.2M, a strong 95% operating margin.

Mission

EMPOWER, CHALLENGE OPPRESSION, AND PROMOTE AN EQUITABLE AND FREE SOCIETY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,250,000
Program Service Revenue $0
Investment Income $16,079
Other Revenue $0
TOTAL REVENUE $1,266,079

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $65,178
TOTAL EXPENSES $65,178

Year-over-Year Comparison

2024 2023 Change
Revenue $1,266,079 N/A N/A
Expenses $65,178 N/A N/A
Net Income $1,200,901 $0 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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIKOLE HANNAH-JONES PRESIDENT 20.00
Officer Director
$0 $0 $0
DAVONNE DARBY SECRETARY 10.00
Officer Director
$0 $0 $0
ERIC HILLMAN TREASURER 5.00
Officer Director
$0 $0 $0
FARAJI HANNAH-JONES CORRESPONDING SECRETARY 5.00
Officer Director
$0 $0 $0
KAMILAH FORBES BOARD MEMBER 5.00
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
2024 $1,266,079 $65,178 $1,200,951 $1,200,901
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