Red Balloon Early Learning Centers (EIN 391420185) - 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

1982

Legal Domicile

Tax Period

2023-09-01 to 2024-08-31

Red Balloon Early Learning Centers, founded in 1982, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 10% operating deficit.

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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 (2023)

Revenue Breakdown

Contributions & Grants $124,164

Program Service Revenue $936,941

Investment Income $484

Other Revenue $25,500

TOTAL REVENUE $1,087,089

Expense Breakdown

Grants Paid $0

Salaries & Benefits $921,282

Fundraising Expenses $0

Program Expenses $1,107,486

Other Expenses $278,333

TOTAL EXPENSES $1,199,615

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,087,089	$1,180,790	-0.1%
Expenses	$1,199,615	$1,164,472	+0.0%
Net Income	$-112,526	$16,318	-7.9%

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

$116,686

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN LUCEY	ADMINISTRATOR	40.00	Key Emp	$66,911	$0	$66,911
AMANDA CUSICK	SENIOR DIRECTOR	40.00	Key Emp	$49,775	$0	$49,775
ETHAN HAYES	DIRECTOR	1.00	Director	$0	$0	$0
LESA MCNAMER	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
HALEIGH DOYLE	VICE PRESIDENT	1.00	Officer	$0	$0	$0
TYLER MORSE	PRESIDENT	1.00	Officer	$0	$0	$0
KARI WEBB MCCONAUGHEY	SECRETARY	1.00	Officer	$0	$0	$0
DESTINY ZIEL	DIRECTOR	1.00	Key Emp	$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
2025	No data	No data	No data	No data
2024	$1,087,089	$1,199,615	$915,955	$-112,526
2023	$1,180,790	$1,164,472	$1,045,410	$16,318
2022	$976,572	$1,058,743	$1,028,651	$-82,171
2020	$898,616	$1,028,208	$1,037,439	$-129,592
2019	$1,325,193	$1,437,088	$997,321	$-111,895

Red Balloon Early Learning Centers