RISING PHOENIX ENRICHMENT PROGRAM I (EIN 451647296) - Form 990 Financial Analysis & Trantor Score

🔒

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

2017

Legal Domicile

Principal Officer

ASHLEY GAY-JOHNSON

Phone

4704880222

Tax Period

2022-01-01 to 2022-12-31

RISING PHOENIX ENRICHMENT PROGRAM I, founded in 2017, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2022. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $2.1M left a modest 12% surplus.

Mission

PROVIDE AFTER SCHOOL AND EXTRACURRICULAR PROGRAMS IN A SAFE ENVIRONMENT THAT FOSTERS THE POSITIVE DEVELOPMENT OF MIDDLE AND HIGH SCHOOL AGED CHILDREN. PROGRAMS INCLUDE STEM ENRICHMENT, HEALTH, FITNESS AND NUTRITION, FINANCIAL MANAGEMENT, TUTORING AND TEST PREP

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $5,000

Program Service Revenue $2,356,703

Investment Income $4,671

Other Revenue $0

TOTAL REVENUE $2,366,374

Expense Breakdown

Grants Paid $896,741

Salaries & Benefits $331,182

Fundraising Expenses $0

Program Expenses $1,603,370

Other Expenses $827,776

TOTAL EXPENSES $2,091,263

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,366,374	$7,073,173	-0.7%
Expenses	$2,091,263	$6,723,818	-0.7%
Net Income	$275,111	$349,355	-0.2%

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

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

$141,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLEY GAY-JOHNSON	EXECUTIVE DIRECTOR	40.00	Officer	$138,000	$3,000	$141,000
LATRICE BARLOW JOHNSON	SECRETARY	1.00	Director	$0	$0	$0
BRANDON LATIMORE	MEMBER	1.00	Director	$0	$0	$0
BOBBY WILLIAMS	TREASURER	1.00	Director	$0	$0	$0
WAYNE GAY JR	VICE CHAIR	1.00	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
2022	$2,366,374	$2,091,263	$2,017,130	$275,111
2021	$7,073,173	$6,723,818	$1,469,371	$349,355
2020	$3,491,392	$3,157,164	$633,088	$334,228
2019	$2,363,840	$2,385,293	$239,111	$-21,453
2018	$2,311,259	$2,294,020	$280,594	$17,239

RISING PHOENIX ENRICHMENT PROGRAM I