CLASS MATTERS INC

EIN: 273102028 501(c)(3) Youth Development

Oklahoma City, OK

Total Revenue
$211,789
Total Expenses
$213,513
Total Assets
$5,348
Net Assets
$5,348
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
OK
Principal Officer
Dr Darron Lamkin
Phone
4055095396
Tax Period
2024-01-01 to 2024-12-31

CLASS MATTERS INC, founded in 2010, is a small nonprofit in the Youth Development sector that reported $212K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum.

Mission

To provide educational instruction to youth that encourages their personal development. Class Matters Inc. empowers underrepresented "at-hope" youth ages (11-18) to become scholars, skilled professionals, and servant leaders through hands-on STEM education, mentorship, and leadership training. We believe that STEM is more than a career pathway; it is a mindset. By teaching the STEM mindset, students learn problem-solving, decision-making, and conflict resolution skills that support both their short-term academic growth and long-term post-secondary planning. Since its founding, Class Matters has impacted 4,319 underrepresented youth. Utilizing a combination of virtual and in-person sessions, Class Matters' impact on underserved communities continue to grow.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $211,789
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $211,789

Expense Breakdown

Grants Paid $48,053
Salaries & Benefits $0
Fundraising Expenses $3,180
Program Expenses $201,002
Other Expenses $165,460
TOTAL EXPENSES $213,513

Year-over-Year Comparison

2024 2023 Change
Revenue $211,789 $157,397 +0.3%
Expenses $213,513 $151,187 +0.4%
Net Income $-1,724 $6,210 -1.3%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
7
Independent Members
5
Employees
N/A
Volunteers
127

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Darron Lamkin Officer 40
Officer Director
$0 $0 $0
Shante' Lamkin Officer 25
Officer Director
$0 $0 $0
Mary Tran Officer 20
Officer Director
$0 $0 $0
Cynthia Work Director 30
Director
$0 $0 $0
Jonathan Hill Director 15
Director
$0 $0 $0
Darius Jones Officer 5
Officer Director
$0 $0 $0
Dr Wayne Jones Director 5
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 $211,789 $213,513 $5,348 $-1,724
2023 $157,397 $151,187 $17,835 $6,210
2022 $170,158 $166,779 $11,625 $3,379
2021 $93,558 $99,659 $7,987 $-6,101
2020 $63,055 $72,554 $16,099 $-9,499
2019 $119,120 $118,629 $14,898 $491
2018 $64,096 $52,129 $14,407 $11,967
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