REACHING AT-PROMISE STUDENTS ASSOCIATION INC (EIN 270757357) - 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

2009

Legal Domicile

Principal Officer

KHIEEM JACKSON

Phone

7608422949

Tax Period

2024-07-01 to 2025-06-30

REACHING AT-PROMISE STUDENTS ASSOCIATION INC, founded in 2009, is a small nonprofit in the Education sector that reported $438K in total revenue in fiscal year 2024. Revenue surged 1322% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 34% operating margin.

Mission

PROVIDE PROFESSIONAL DEVELOPMENT SERVICES AND SUPPORT TO TEACHERS AND ADMINISTRATORS; IMPROVE EDUCATIONAL PRACTICES AND TEACHING METHODS; ASSIST TEACHERS AND ADMINISTRATORS IN EXPANDING OPPORTUNITIES FOR ACHIEVMENT BY ALL STUDENTS IN EDCATION; PROVIDE MONETARY OR OTHER SUPPORT TO THE PUBLIC SCHOOLS SERVING AT-PROMISE-STUDENTS; AND TO PERFORM AND UNDERTAKE ANY AND ALL ACTIVITIES AS MAY BE PROPER IN CONNECTION WITH THIS CORPORATION'S GENERAL AND SPECIFIC PURPOSES.

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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 $268,850

Program Service Revenue $168,595

Investment Income $129

Other Revenue $0

TOTAL REVENUE $437,574

Expense Breakdown

Grants Paid $2,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $281,101

Other Expenses $286,887

TOTAL EXPENSES $289,137

Year-over-Year Comparison

	2024	2023	Change
Revenue	$437,574	$30,770	+13.2%
Expenses	$289,137	$38,417	+6.5%
Net Income	$148,437	$-7,647	-20.4%

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

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

$45,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KHIEEM JACKSON	MANAGING DIR	40.00	Officer	$45,000	$0	$45,000
ELIZABETH BRENNER	PRESIDENT	1.00	Officer Director	$0	$0	$0
DR KIMBERLY ARMSTRONG	TREASURER	1.00	Officer Director	$0	$0	$0
JONATHAN BRACK	SECRETARY	1.00	Officer Director	$0	$0	$0
CELIA GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
RJ GUESS	DIRECTOR	1.00	Director	$0	$0	$0
CARMA LACY	DIRECTOR	1.00	Director	$0	$0	$0
TONY SIMMONS	DIRECTOR	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
2025	$437,574	$289,137	$201,882	$148,437

REACHING AT-PROMISE STUDENTS ASSOCIATION INC