Young Scholars For Academic Empowerment dba TruEvolution Inc (EIN 262350778) - 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

2008

Legal Domicile

Principal Officer

Gabriel Maldonado

Phone

9518881346

Tax Period

2023-01-01 to 2023-12-31

Young Scholars For Academic Empowerment dba TruEvolution Inc, founded in 2008, is a community nonprofit in the Youth Development sector that reported $7.9M in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3.1M, a strong 40% operating margin.

Mission

Truevolution fights for health equity and racial justice to advance the quality of life and human dignity of LGBTQ+ people.

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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 $7,032,576

Program Service Revenue $838,186

Investment Income $0

Other Revenue $9,114

TOTAL REVENUE $7,879,876

Expense Breakdown

Grants Paid $306,811

Salaries & Benefits $2,339,279

Fundraising Expenses $186,466

Program Expenses $4,307,268

Other Expenses $2,095,353

TOTAL EXPENSES $4,741,443

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,879,876	$11,575,107	-0.3%
Expenses	$4,741,443	$4,247,192	+0.1%
Net Income	$3,138,433	$7,327,915	-0.6%

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

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

$245,075

Total Directors

$245,075

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gabriel Maldonado	CEO	40.00	Officer Director	$242,624	$2,451	$245,075
Tracy Schimelfenig	Chief Legal & Comp	40.00		$195,886	$6,365	$202,251
Marguerite Wheeler-Lara	COO	40.00		$169,564	$5,795	$175,359
Brandon Brown	Chair	1.00	Officer Director	$0	$0	$0
Luanna Jauregui	Vice Chair	1.00	Officer Director	$0	$0	$0
Dr Iqbal Pittalwala PhD	Treasurer	1.00	Officer Director	$0	$0	$0
Desiree Santos-Kho	Secretary	1.00	Officer Director	$0	$0	$0
Jose Aguilar	Board Member	1.00	Director	$0	$0	$0
Christopher Alcala	Board Member	1.00	Director	$0	$0	$0
Dr Sean Arayasirikul	Board Member	1.00	Director	$0	$0	$0
Matt Frinch	Board Member	1.00	Director	$0	$0	$0
Sirvard Manasyan	Board Member	1.00	Director	$0	$0	$0
Dr Eugene McCray	Board Member	1.00	Director	$0	$0	$0
Greg Millett	Board Member	1.00	Director	$0	$0	$0
Dawn Patillo Exum	Board Member	1.00	Director	$0	$0	$0
Tiana Tippens	Board Member	1.00	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	$7,879,876	$4,741,443	$27,072,973	$3,138,433
2022	$11,575,107	$4,247,192	$20,449,184	$7,327,915
2021	$4,092,354	$2,445,892	$9,231,271	$1,646,462
2020	$8,153,478	$1,300,590	$7,356,658	$6,852,888
2019	$1,012,724	$927,128	$328,082	$85,596
2018	$656,518	$614,951	$364,111	$41,567

Young Scholars For Academic Empowerment dba TruEvolution Inc