HARLEM CENTER FOR EDUCATION INC (EIN 132928903) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

David Perez

Phone

2123489200

Tax Period

2022-09-01 to 2023-08-31

HARLEM CENTER FOR EDUCATION INC, founded in 1970, is a small nonprofit that reported $947K in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year.

Mission

College education and career counseling

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $946,617

Program Service Revenue $0

Investment Income $0

Other Revenue $86

TOTAL REVENUE $946,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $725,965

Fundraising Expenses $0

Program Expenses $934,042

Other Expenses $247,067

TOTAL EXPENSES $973,032

Year-over-Year Comparison

	2022	2021	Change
Revenue	$946,703	$1,014,440	-0.1%
Expenses	$973,032	$858,386	+0.1%
Net Income	$-26,329	$156,054	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

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

Total Directors

Key Employees

$85,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Perez	Executive Director	40	Key Emp Highest	$85,000	$0	$85,000
Lewis P Jones III	Board Chair	2	Director	$0	$0	$0
Murray Stoltz	Treasurer	2	Director	$0	$0	$0
Isaac Torres	Secretary	2	Director	$0	$0	$0
Gess LeBlanc	Board Member	2	Director	$0	$0	$0
Lonnie Soury	Board Member	2	Director	$0	$0	$0
Anthony Lopez	Board Member	2	Director	$0	$0	$0
Kristina Rivera	Board Member	2	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
2023	$946,703	$973,032	$72,057	$-26,329
2022	$1,014,430	$858,386	$245,700	$156,044
2021	$716,807	$633,242	$129,575	$83,565
2020	$678,469	$733,708	$57,564	$-55,239
2020	$678,469	$733,708	$57,564	$-55,239

HARLEM CENTER FOR EDUCATION INC