BEADS FOR EDUCATION INC (EIN 201212609) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Principal Officer

DEBORAH ROONEY

Phone

6099927891

Tax Period

2024-01-01 to 2024-12-31

BEADS FOR EDUCATION INC, founded in 2004, is a small nonprofit in the Education sector that reported $365K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $402K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE EDUCATION OPPORTUNITIES TO LOW-INCOME WOMEN IN KENYA, NOT OTHERWISE AVAILABLE TO THEM.

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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 $365,111

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $365,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,167

Fundraising Expenses $3,757

Program Expenses $340,946

Other Expenses $286,960

TOTAL EXPENSES $402,040

Year-over-Year Comparison

	2024	2023	Change
Revenue	$365,111	$534,701	-0.3%
Expenses	$402,040	$310,373	+0.3%
Net Income	$-36,929	$224,328	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA CRAIG	BOARD MEMBER	N/A	Director	$0	$0	$0
JEFFREY ELEFANTE	BOARD MEMBER	N/A	Director	$0	$0	$0
HELEN GICHOHI	BOARD MEMBER	N/A	Director	$0	$0	$0
C MARSHALL GORMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
BERNHARD HEERSINK	BOARD MEMBER	N/A	Director	$0	$0	$0
SUE HEERSINK	BOARD MEMBER	N/A	Director	$0	$0	$0
IRENE KATETE	BOARD MEMBER	N/A	Director	$0	$0	$0
SUE LITTLE	BOARD MEMBER	N/A	Director	$0	$0	$0
LINDA MACHT	SECRETARY	N/A	Officer Director	$0	$0	$0
CYNTHIA MOSS	BOARD MEMBER	N/A	Director	$0	$0	$0
DEBORAH ROONEY	PRESIDENT	N/A	Officer Director	$0	$0	$0
WILLIAM ROONEY	TREASURER	N/A	Officer 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	$365,111	$402,040	$1,013,678	$-36,929
2023	$534,701	$310,373	$1,050,208	$224,328
2022	$511,960	$392,614	$825,031	$119,346
2021	$330,061	$362,787	$701,583	$-32,726
2020	$314,301	$321,044	$733,809	$-6,743
2019	$391,268	$377,025	$746,983	$14,243
2018	$359,066	$377,761	$725,240	$-18,695

BEADS FOR EDUCATION INC