SAY YES TO EDUCATION INC

EIN: 223139858 501(c)(3)

ROCKY HILL, CT

Total Revenue
$-14
Total Expenses
$4,471,071
Total Assets
N/A
Net Assets
N/A
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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
1987
Legal Domicile
CT
Principal Officer
GEORGE WEISS
Phone
8602408900
Tax Period
2022-07-01 to 2023-01-25

SAY YES TO EDUCATION INC, founded in 1987, is a micro nonprofit that reported $14 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring.

Mission

TO PARTNER WITH COMMUNITIES TO PROVIDE ACADEMIC AND NON-ACADEMIC SERVICES TO CHILDREN TO SUPPORT EDUCATION KINDERGARTEN THROUGH COLLEGE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-14
Other Revenue $0
TOTAL REVENUE $-14

Expense Breakdown

Grants Paid $4,465,527
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,465,527
Other Expenses $5,544
TOTAL EXPENSES $4,471,071

Year-over-Year Comparison

2022 2021 Change
Revenue $-14 $425,294 -1.0%
Expenses $4,471,071 $598,178 +6.5%
Net Income $-4,471,085 $-172,884 +24.9%
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
1
Independent Members
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE A WEISS CHAIRMAN 1.00
Officer Director
$0 $0 $0
MARY ANNE SCHMITT-CAREY FORMER CEO 0.00
$550,000 $0 $550,000
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 $-14 $4,471,071 No data $-4,471,085
2022 $425,294 $598,178 $7,184,564 $-172,884
2021 $7,124,455 $11,993,230 $8,356,822 $-4,868,775
2020 $4,343,740 $13,977,699 $8,095,661 $-9,633,959
2019 $8,706,632 $17,671,060 $19,747,144 $-8,964,428
2018 $5,596,978 $18,087,332 $27,783,701 $-12,490,354
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