CHILDREN'S CHOICE INITIATIVE INC C/O DAVID ROMENESKO (EIN 300042906) - 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

2004

Legal Domicile

Principal Officer

DAVID ROMENESKO

Phone

9892798788

Tax Period

2024-01-01 to 2024-12-31

CHILDREN'S CHOICE INITIATIVE INC C/O DAVID ROMENESKO, founded in 2004, is a micro nonprofit that reported $902 in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $214K exceeded revenue, resulting in a 23633% operating deficit.

Mission

AT CHILDREN'S CHOICE INITIATIVE OUR MISSION IS SIMPLE. IT IS TO RECRUIT AND COLLABORATE WITH SCHOOL DISTRICTS AND ESTABLISH COMMON IMPROVEMENT GOALS IN ENGLISH LANGUAGE INSTRUCTION. DELIVER PROFESSIONAL DEVELOPMENT IN MULTI-SENSORY INSTRUCTION AND PREDICTABLE PATTERNS OF ENGLISH. COLLECT INITIAL DATA ON STUDENT DEVELOPMENT. PROVIDE ONGOING OBSERVATION AND FEEDBACK FOR TEACHERS IN AND OUT OF THE CLASSROOM. IT IS TO UNLOCK CHILDREN'S UNLIMITED POTENTIAL THROUGH READING!

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $902

TOTAL REVENUE $902

Expense Breakdown

Grants Paid $150,000

Salaries & Benefits $55,662

Fundraising Expenses $0

Program Expenses $197,885

Other Expenses $8,407

TOTAL EXPENSES $214,069

Year-over-Year Comparison

	2024	2023	Change
Revenue	$902	$19,959	-1.0%
Expenses	$214,069	$247,939	-0.1%
Net Income	$-213,167	$-227,980	-0.1%

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

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
WILLIAM JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JEFF MCNEAL	DIRECTOR	1.00	Director	$0	$0	$0
TERRY DUPERON	TREASURER	1.00	Officer	$0	$0	$0
ROBERT GAFFNEY	SECRETARY	1.00	Officer	$0	$0	$0
DAVID ROMENESKO	PRESIDENT	1.00	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	$902	$214,069	No data	$-213,167
2023	$19,959	$247,939	$213,167	$-227,980
2022	$6,849	$195,278	$441,381	$-188,429
2021	$568,510	$106,885	$632,912	$461,625
2020	$88,905	$77,956	$169,491	$10,949
2019	$338,500	$169,726	$159,054	$168,774

CHILDREN'S CHOICE INITIATIVE INC C/O DAVID ROMENESKO