Classrooms to Corporations Inc

EIN: 461566361 501(c)(3) Education

Cleveland, OH

Total Revenue
$14,676
Total Expenses
$27,370
Total Assets
$17,663
Net Assets
$8,526
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
OH
Tax Period
2023-07-01 to 2024-06-30

Classrooms to Corporations Inc, founded in 2014, is a micro nonprofit in the Education sector that reported $15K in total revenue in fiscal year 2023. Expenses of $27K exceeded revenue, resulting in a 86% operating deficit.

Mission

Through alliances between high schools and potential corporate employers,activities provide inner-city and underprivileged youth with technology skills and training to prepare them for technology careers.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $950
Program Service Revenue $5,000
Investment Income $0
Other Revenue $8,726
TOTAL REVENUE $14,676

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,585
Fundraising Expenses $1,846
Program Expenses $13,219
Other Expenses $18,785
TOTAL EXPENSES $27,370

Year-over-Year Comparison

2023 2022 Change
Revenue $14,676 $13,812 +0.1%
Expenses $27,370 $25,183 +0.1%
Net Income $-12,694 $-11,371 +0.1%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
2
Volunteers
18

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Donald Dailey Executive Board 1.00
Director
$0 $0 $0
Aaron OBrien Executive Board 1.00
Director
$0 $0 $0
Mary Jo Lupica Excutive Board 1.00
Director
$0 $0 $0
Don Barry Secretary-Treasurer 4.00
Officer
$0 $0 $0
Joseph Tarasco President and CEO 40.00
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 $14,676 $27,370 $17,663 $-12,694
2023 $13,812 $25,183 $24,738 $-11,371
2022 $280,542 $118,099 $47,514 $162,443
2021 $139,625 $155,917 $94,126 $-16,292
2020 $94,552 $132,511 $62,711 $-37,959
2019 $82,550 $217,747 $37,293 $-135,197
2018 $84,110 $249,825 $195,019 $-165,715
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Classrooms to Corporations Inc with other nonprofits in Ohio and across the country.