EDSYS INC (EIN 251876461) - 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

2001

Legal Domicile

Principal Officer

DARA WARE ALLEN

Phone

4126902489

Tax Period

2024-07-01 to 2025-06-30

EDSYS INC, founded in 2001, is a mid-sized nonprofit in the Education sector that reported $16.4M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $14.9M left a modest 9% surplus.

Mission

TO GRADUATE STUDENTS WHO ARE ACADEMICALLY, TECHNOLOGICALLY, PERSONALLY AND SOCIALLY PREPARED TO SUCCEED IN POST SECONDARY EDUCATION OR TRAINING.

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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 $1,772,377

Program Service Revenue $14,362,996

Investment Income $251,215

Other Revenue $45,213

TOTAL REVENUE $16,431,801

Expense Breakdown

Grants Paid $35,900

Salaries & Benefits $9,999,686

Fundraising Expenses $0

Program Expenses $14,014,678

Other Expenses $4,891,848

TOTAL EXPENSES $14,927,434

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,431,801	$14,967,546	+0.1%
Expenses	$14,927,434	$13,943,412	+0.1%
Net Income	$1,504,367	$1,024,134	+0.5%

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

161

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

$205,429

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERRY DUDLEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
ONYEKA EGBUNA	TREASURER	2.00	Officer Director	$0	$0	$0
TOM RALSTON	BOARD MEMBER	2.00	Director	$0	$0	$0
TAMMY SPENCER BEY	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES DOYLE	BOARD MEMBER	2.00	Director	$0	$0	$0
DR CAROL WOOTEN	BOARD MEMBER	2.00	Director	$0	$0	$0
ALAN SHUCKROW	SOLICTOR	2.00	Director	$0	$0	$0
JORDAN STRASSBURGER	SOLICTOR	2.00	Director	$0	$0	$0
DARA WARE ALLEN	CEO & PRINCIPAL	40.00	Officer	$194,031	$11,398	$205,429
SUSAN GRATTON	SECRETARY	2.00	Officer	$0	$0	$0
CYNTHIA TANANIS	VICE PRESIDENT	2.00	Officer	$0	$0	$0
ANGELA WELCH	ASSISTANT PRINCIPAL	40.00	Highest	$131,896	$59,174	$191,070
TIANA DELAROSA	ASSISTANT PRINCIPAL	40.00	Highest	$124,096	$46,477	$170,573
ALESHA PLATT	ASSISTANT PRINCIPAL	40.00	Highest	$111,086	$47,396	$158,482
KELLY TURK	ASSISTANT PRINCIPAL	40.00	Highest	$106,406	$32,150	$138,556
JOSHUA HANNA	DIRECTOR OF SPECIAL EDUCAT	40.00	Highest	$110,069	$35,172	$145,241

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
2025	$16,431,801	$14,927,434	$16,312,836	$1,504,367
2024	$14,967,546	$13,943,412	$15,224,684	$1,024,134
2023	$14,946,059	$13,872,276	$15,359,885	$1,073,783
2022	$13,670,148	$12,162,234	$8,343,356	$1,507,914
2021	$11,881,419	$11,259,749	$6,640,832	$621,670
2020	$12,346,129	$11,680,132	$6,110,452	$665,997
2019	$11,964,878	$11,652,722	$5,367,913	$312,156

EDSYS INC