BANNER LEARNING CORP (EIN 261086124) - 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

ERIC A CARLTON

Phone

5613386846

Tax Period

2023-01-01 to 2023-12-31

BANNER LEARNING CORP, founded in 2007, is a small nonprofit in the Education sector that reported $242K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $44K, a strong 18% operating margin.

Mission

THE ORGANIZATION OPERATES EDUCATIONAL PROGRAMS FOR PUBLIC SCHOOL DISTRICTS

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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 $0

Program Service Revenue $241,622

Investment Income $0

Other Revenue $0

TOTAL REVENUE $241,622

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,340

Fundraising Expenses $0

Program Expenses $197,242

Other Expenses $67,902

TOTAL EXPENSES $197,242

Year-over-Year Comparison

	2023	2022	Change
Revenue	$241,622	$221,462	+0.1%
Expenses	$197,242	$252,138	-0.2%
Net Income	$44,380	$-30,676	-2.4%

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

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

$112,740

Total Directors

$112,740

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC CARLTON	PRESIDENT/DIRECTOR	40.00	Officer Director	$56,480	$0	$56,480
BARRY L COHEN	VICE PRESIDENT/DIRECTOR	40.00	Officer Director	$56,260	$0	$56,260
SIDNEY YELDELL	VICE PRESIDENT/DIRECTOR	0.00	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	No data	No data	No data	No data
2023	$241,622	$197,242	$531,607	$44,380
2022	$221,462	$252,138	$487,227	$-30,676
2021	$174,330	$245,502	$417,273	$-71,172
2020	$218,877	$176,495	$488,445	$42,382
2019	$169,942	$191,007	$446,063	$-21,065
2018	$133,798	$167,040	$466,054	$-33,242

BANNER LEARNING CORP