WHITES INNOVATIVE SCHOOL OF ENRICHMENT INC (EIN 272436713) - 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

2010

Legal Domicile

Principal Officer

TOBITHA HOLMES

Phone

9722930191

Tax Period

2023-01-01 to 2023-12-31

WHITES INNOVATIVE SCHOOL OF ENRICHMENT INC, founded in 2010, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $715K, a strong 57% operating margin.

Mission

The vision of WISE Academy is to create a highly respected ever changing rigorous learning environment that inspires and challenges ch

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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 $447,864

Program Service Revenue $705,682

Investment Income $0

Other Revenue $110,249

TOTAL REVENUE $1,263,795

Expense Breakdown

Grants Paid $0

Salaries & Benefits $549,218

Fundraising Expenses $0

Program Expenses $65,800

Other Expenses $0

TOTAL EXPENSES $549,218

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,263,795	$1,010,889	+0.3%
Expenses	$549,218	$451,513	+0.2%
Net Income	$714,577	$559,376	+0.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RC CLACK	Chair	N/A	Officer	$0	$0	$0
ALFIA WHITE	Secretary	N/A	Officer	$0	$0	$0
GWEN STRADFORD	Treasurer	N/A	Officer	$0	$0	$0
TOBITHA HOLMES	President	N/A	Director	$0	$0	$0
MARANDA AUZENNE	Member	N/A	Officer	$0	$0	$0
ROYCE WEST	Member	N/A	Officer	$0	$0	$0
GENE CAMBRIDGE	Member	N/A	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	$1,263,795	$549,218	No data	$714,577
2022	$1,010,889	$451,513	No data	$559,376
2021	$780,077	$323,663	No data	$456,414
2020	$643,505	$1,263,004	No data	$-619,499
2019	$593,547	$375,897	$18,461	$217,650
2018	$336,403	$381,247	$22,064	$-44,844

WHITES INNOVATIVE SCHOOL OF ENRICHMENT INC