CLASS MATTERS INC

🔒

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

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

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

Increase youth exposure, provide access, and develop skills in science, technology, engineering, and math-related studies (STEM), degrees, and careers.

Program Service Accomplishments

Program 1

Expenses: $57,758 Revenue: $57,800

Spark Summer Camp A 6-week, 6 hour per day fully STEM-based experience, providing a real-world, mock work experience.

Program 2

Expenses: $43,577 Revenue: $45,000

STEM Like Me Bi-annual event simulates pre-college to careers day in the life of a future STEM professional, shadowing experiences to youth to aid future planning for life after high school.

Program 3

Expenses: $52,873 Revenue: $53,000

ESTEAM / Recognition Matters Bi-monthly leadership, mentoring, & college prep program, utilizing workshops, team building, college & corporate tours, job shadowing, STEM fairs & experiences...

ESTEAM / Recognition Matters Bi-monthly leadership, mentoring, & college prep program, utilizing workshops, team building, college & corporate tours, job shadowing, STEM fairs & experiences. Including an annual awards banquet to recognize and honor program participants who have made a significant impact in the community.

🔒

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%)

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

🔒

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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