IOLA'S LYCEUM

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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

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

IT IS THE MISSION OF IOLA'S LYCEUM TO EMPOWER, CHALLENGE OPPRESSION, AND PROMOTE AN EQUITABLE AND FREE SOCIETY BY FOSTERING A COMMUNITY INVESTED IN THE VALUES OF COMMUNAL MINDFULNESS, INTELLECTUAL CURIOSITY, AND JUSTICE. IOLA'S LYCEUM SEEKS TO FOSTER LITERACY, COMMUNITY BUILDING, ACTIVISM AND CULTURE BY BRINGING WRITERS, ARTISTS AND OTHER CREATIVES IN A SPACE WITH COMMUNITY TO DISCUSS THEIR WORK, TO SUPPORT CREATION AND TO STRATEGIZE AROUND POLICIES IMPACTING VULNERABLE POPULATIONS. IOLA'S LYCEUM WILL USE CULTURE AND CREATIVITY AS A DRIVER OF MORE JUST COMMUNITIES BY SUPPORTING LITERACY, KNOWLEDGE AND COMMUNITY COLLABORATION BY CREATING PUBLIC PROGRAMMING SUCH AS TALKS, AUTHOR READINGS AND WRITING AND OTHER WORKSHOPS TO SERVE AND ENGAGE EVERYONE IN THE COMMUNITY. IOLA'S LYCEUM WILL INTENTIONALLY DRAW WRITERS, CREATIVES, SCHOLARS AND ACTIVISTS TOGETHER TO CURATE COMMUNAL EXPERIENCES IN THE HOPES OF FURTHERING COLLABORATION AND MUTUAL UNDERSTANDING.

Program Service Accomplishments

Program 1

Expenses: $0

PROGRAMMING WAS NOT YET ACTIVE IN 2024 AS THE ORGANIZATION WAS NEWLY FORMED.

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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 $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

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

Key Employees

Highest Compensated

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