CREATING OPPORTUNITIES FOR EDUCATIONAL DEVELOPMENT

EIN: 272973078 501(c)(3) Education

West Sacramento, CA

Total Revenue
$48,423
Total Expenses
$20,576
Total Assets
$57,351
Net Assets
$57,351
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CA
Principal Officer
Marylou Carlos
Phone
9165448622
Tax Period
2024-01-01 to 2024-12-31

CREATING OPPORTUNITIES FOR EDUCATIONAL DEVELOPMENT, founded in 2010, is a micro nonprofit in the Education sector that reported $48K in total revenue in fiscal year 2024. Revenue surged 199% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28K, a strong 58% operating margin.

Mission

The organization raises funds to provide educational scholarships (college education) to indigent students who are deserving of getting a college education based on their academic and extra curricular performance in high school. However, they cannot afford to attend university and go to college since their families are very poor and their parents cannot afford to send them to school. The students and their families live in poverty. In addition to the inability to go to school, these students are also expected to earn a living for their families, therefore going to college is not an option for them without a scholarship.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $47,980
Program Service Revenue $0
Investment Income $443
Other Revenue $0
TOTAL REVENUE $48,423

Expense Breakdown

Grants Paid $19,061
Salaries & Benefits $0
Fundraising Expenses $50
Program Expenses $19,061
Other Expenses $1,465
TOTAL EXPENSES $20,576

Year-over-Year Comparison

2024 2023 Change
Revenue $48,423 $16,190 +2.0%
Expenses $20,576 $14,830 +0.4%
Net Income $27,847 $1,360 +19.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rommel Carlos Board of Director 1
Officer
$0 $0 $0
Raeselle Lao Board of Director 1
Officer
$0 $0 $0
Errolben Elepano Treasurer 3
Officer
$0 $0 $0
Marylou V Carlos President 5
Officer
$0 $0 $0
Patricia Carlos Secretary 3
Officer
$0 $0 $0
Gabriel Catapang Board of Director 1
Officer
$0 $0 $0
Mikhael Catapang Board of Director 1
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 $48,423 $20,576 $57,351 $27,847
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CREATING OPPORTUNITIES FOR EDUCATIONAL DEVELOPMENT with other nonprofits in California and across the country.