Oleta Crain Enrichment Academy (EIN 261342506) - 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

Phone

7205880518

Tax Period

2023-01-01 to 2023-12-31

Oleta Crain Enrichment Academy, founded in 2007, is a micro nonprofit in the Youth Development sector that reported $21K in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $27K exceeded revenue, resulting in a 30% operating deficit.

Mission

Educate encourage and equip minority and disadvantaged youth with resources and skills they will need to achieve success and make positive contributions to the communities in which they live and serve.

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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 $3,545

Program Service Revenue $0

Investment Income $17,000

Other Revenue $0

TOTAL REVENUE $20,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,736

Other Expenses $26,687

TOTAL EXPENSES $26,687

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,545	$997,986	-1.0%
Expenses	$26,687	$20,035	+0.3%
Net Income	$-6,142	$977,951	-1.0%

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

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
Valentino Jefferson	Director President	20.00	Officer Director	$0	$0	$0
Karen DeCoud	Secretary	2.00	Officer	$0	$0	$0
Joyce Walker	Member	1.00		$0	$0	$0
Khaliq Bedart-Ghani	Member	1.00		$0	$0	$0
Rebecca DeCoud	Member	1.00		$0	$0	$0
Shirley Robinson	Member	0.00		$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	$20,545	$26,687	$580,183	$-6,142
2022	$997,986	$20,035	$586,325	$977,951
2020	No data	$4,680	$843,239	No data
2019	$13,725	$37,040	$-165,500	$-23,315

Oleta Crain Enrichment Academy