AMERICA BACK TO BASICS INC (EIN 260877115) - 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

2007

Legal Domicile

Principal Officer

KYLE OLSON

Phone

2317334202

Tax Period

2023-01-01 to 2023-12-31

AMERICA BACK TO BASICS INC, founded in 2007, is a small nonprofit in the Education sector that reported $800K in total revenue in fiscal year 2023. Revenue surged 1038862% from the prior year, signaling strong growth momentum. The organization ran a surplus of $195K, a strong 24% operating margin.

Mission

TO ENGAGE IN ACTIVITES WHICH EXAMINE, DISCUSS, ANALYZE AND PUBLICIZE IDEAS ABOUT EDUCATION. TO PRODUCE SCHOLARSHIPS, INTELLECTUALLY ENGAGE AND EDUCATE POLICY MAKERS AND THE GENERAL PUBLIC TO BETTER UNDERSTAND THE CRISES FACING OUR TIMES WITH THE GOAL OF PROMOTING PUBLIC EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $800,001

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $800,001

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $2,154

Program Expenses $179,009

Other Expenses $577,401

TOTAL EXPENSES $604,555

Year-over-Year Comparison

	2023	2022	Change
Revenue	$800,001	$77	+10388.6%
Expenses	$604,555	$13,842	+42.7%
Net Income	$195,446	$-13,765	-15.2%

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
GARRY OLSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN ENGLER	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK GORESCH	SECRETARY	1.00	Officer	$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	No data	No data	No data	No data
2023	$800,001	$604,555	$180,585	$195,446
2022	$77	$13,842	$987	$-13,765
2021	$12,000	$12,140	$13,752	$-140
2020	$4,281	$67,321	$15,892	$-63,040
2019	$72,973	$134,537	$17,742	$-61,564
2018	$73,495	$336,055	$81,495	$-262,560

AMERICA BACK TO BASICS INC