BETTER EDUCATION FOR KIDS INC

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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

2011

Legal Domicile

Principal Officer

LAWRENCE ROGERS

Phone

9082765900

Tax Period

2020-01-01 to 2020-12-31

BETTER EDUCATION FOR KIDS INC, founded in 2011, is a small nonprofit that reported $100K in total revenue in fiscal year 2020. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $233K exceeded revenue, resulting in a 133% operating deficit.

Mission

BETTER EDUCATION FOR KIDS' MISSION IS TO REFORM THE NEW JERSEY EDUCATION SYSTEM BY MODERNIZING THE TEACHING PROFESSION WITH A NEW EVALUATION SYSTEM THAT PRIORITIZES STUDENT LEARNING, ALIGNS PERSONNEL POLICIES WITH TEACHER PERFORMANCE AND EMPOWERS PRINCIPALS AND HOLDS THEM ACCOUNTABLE FOR EXCELLENCE IN THEIR SCHOOLS.

Program Service Accomplishments

Program 1

Expenses: $233,085

BETTER EDUCATION FOR KIDS FOCUSED ITS EFFORTS ON DONATING TO CAMPAIGNS FOR CANDIDATES WHO ALIGN WITH OUR ORGANIZATION'S MISSION.

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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 (2020)

Revenue Breakdown

Contributions & Grants $100,150

Program Service Revenue $0

Investment Income $8

Other Revenue $0

TOTAL REVENUE $100,158

Expense Breakdown

Grants Paid $69,011

Salaries & Benefits $80,770

Fundraising Expenses $0

Program Expenses $233,085

Other Expenses $83,408

TOTAL EXPENSES $233,189

Year-over-Year Comparison

	2020	2019	Change
Revenue	$100,158	$254,028	-0.6%
Expenses	$233,189	$210,235	+0.1%
Net Income	$-133,031	$43,793	-4.0%

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

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
LAWRENCE ROGERS	TREASURER, TRUSTEE	10.00	Officer Director	$0	$0	$0
DAVID TEPPER	TRUSTEE	1.00	Director	$0	$0	$0
ALAN FOURNIER	TRUSTEE	2.00	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
2020	$100,158	$233,189	No data	$-133,031
2019	$254,028	$210,235	$133,031	$43,793
2018	$233,290	$220,573	$89,238	$12,717