Metro Educational Concepts Inc (EIN 383230869) - 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

2018

Legal Domicile

Phone

3132203889

Tax Period

2024-01-01 to 2024-12-31

Metro Educational Concepts Inc, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $143K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. Expenses of $128K left a modest 11% surplus.

Mission

Promote community involvement for at-risk youths and adults; help the targeted obtain employability skills; promrote educational advancement, academic leadership, problems solving skills, and housing development.

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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 $99,600

Program Service Revenue $43,357

Investment Income $0

Other Revenue $0

TOTAL REVENUE $142,957

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,600

Fundraising Expenses $0

Program Expenses $15,794

Other Expenses $32,098

TOTAL EXPENSES $127,698

Year-over-Year Comparison

	2024	2023	Change
Revenue	$142,957	$77,089	+0.9%
Expenses	$127,698	$75,136	+0.7%
Net Income	$15,259	$1,953	+6.8%

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

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	Role	Reportable Comp	Other Comp	Total
Regina Solomon	Chair Detroit	Officer	$0	$0	$0
Michael Bartley	President	Officer	$0	$0	$0
Nancy Johnson	Director Secretary	Officer	$0	$0	$0
Deborah Wright Robinson	Treasurer Director	Officer	$0	$0	$0
Robert Neely	Advisory Board	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	$142,957	$127,698	$15,259	$15,259
2023	$77,089	$75,136	$37,225	$1,953
2023	$61,865	$75,154	$21,983	$-13,289
2022	$201,145	$29,311	$10,173	$171,834
2021	$56,464	$44,408	$13,571	$12,056

Metro Educational Concepts Inc