THE ED LADDER (EIN 454008382) - 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

2011

Legal Domicile

Principal Officer

Jeff Fila

Phone

6197965450

Tax Period

2022-07-01 to 2023-06-30

THE ED LADDER, founded in 2011, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2022. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $239K, a strong 24% operating margin.

Mission

To assist underserved learners, i.e., those students who proverbially "fall through the cracks", through supplemental academic instruction and mentoring on study and life skills. A ladder enables us to get to a place where we otherwise would be unable to reach. The Ed Ladder gets into those very cracks and reinforces students' capabilities so they can climb out themselves.

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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 (2022)

Revenue Breakdown

Contributions & Grants $34

Program Service Revenue $1,014,556

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,014,590

Expense Breakdown

Grants Paid $0

Salaries & Benefits $698,118

Fundraising Expenses $0

Program Expenses $682,909

Other Expenses $77,776

TOTAL EXPENSES $775,894

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,014,590	$665,258	+0.5%
Expenses	$775,894	$581,496	+0.3%
Net Income	$238,696	$83,762	+1.8%

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

$12,769

Total Directors

$12,769

Key Employees

$53,205

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michelle Luellen	Education Director	40	Key Emp	$53,205	$0	$53,205
Honore M Fila	Board Treasurer	10	Director	$12,769	$0	$12,769
Jeff Fila	Executive Director	10	Officer	$12,769	$0	$12,769
Steve Cox	Board President	4	Director	$0	$0	$0
Robyn Gallant	BOD Member	2	Director	$0	$0	$0
Chris Moeller	BOD Member	2	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,014,590	$775,894	$526,161	$238,696
2022	$665,258	$581,496	$294,469	$83,762
2021	$354,619	$339,934	$167,076	$14,685

THE ED LADDER