NEEDS BASED LEARNING (EIN 454422921) - 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

2013

Legal Domicile

Principal Officer

Bruce Gray

Phone

4802274127

Tax Period

2024-02-29 to 2025-02-28

NEEDS BASED LEARNING, founded in 2013, is a small nonprofit in the Education sector that reported $251K in total revenue in fiscal year 2024. Revenue surged 38616% from the prior year, signaling strong growth momentum. The organization ran a surplus of $190K, a strong 76% operating margin.

Mission

TO ASSURE THE NATIONAL SAFETY NETS SUPPLY OF COMPASSIONATE COMMUNITY-MINDED HEALERS

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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 $250,000

Program Service Revenue $0

Investment Income $877

Other Revenue $0

TOTAL REVENUE $250,877

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $55,839

Other Expenses $61,003

TOTAL EXPENSES $61,003

Year-over-Year Comparison

	2024	2023	Change
Revenue	$250,877	$648	+386.2%
Expenses	$61,003	$124,214	-0.5%
Net Income	$189,874	$-123,566	-2.5%

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

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE GRAY	PRESIDENT	000.50	Officer Director	$0	$0	$0
NANCY JOHNSON PHD RN	VICE PRESIDENT	000.20	Officer Director	$0	$0	$0
FEYGELE JACOBS DRPH	SECRETARY	000.20	Officer Director	$0	$0	$0
MIKE WURTSMITH	TREASURER	000.20	Officer Director	$0	$0	$0
JAMES HUNT PHD	MEMBER	000.10	Director	$0	$0	$0
ROBERT E BEAUDRY	MEMBER	000.10	Director	$0	$0	$0
SETH DOYLE	MEMBER	000.10	Director	$0	$0	$0
TOM CURTIN MD	MEMBER	000.10	Director	$0	$0	$0
RON YEE MD MBA	MEMBER	000.10	Director	$0	$0	$0
JOE PIERLE MPA	MEMBER	000.10	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	$250,877	$61,003	$628,599	$189,874
2024	$648	$124,214	$438,725	$-123,566
2023	$531	$56,531	$562,291	$-56,000
2022	$350,208	$102,380	$618,291	$247,828
2021	$250,360	$108,748	$370,463	$141,612
2020	$100,442	$64,673	$228,851	$35,769
2019	$401	$114,777	$193,082	$-114,376

NEEDS BASED LEARNING