Instituto El Ray Inc

EIN: 461628141 501(c)(3) Education

Gulf Shores, AL

Total Revenue
$231,502
Total Expenses
$241,650
Total Assets
$134,875
Net Assets
$134,875
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
AL
Principal Officer
James D Sharpless
Phone
3343726944
Tax Period
2025-01-01 to 2025-12-31

INSTITUTO EL REY FOUNDATION INC, founded in 2024, is a small nonprofit in the Education sector that reported $229K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

Our mission is to provide education and life skills for impoverished youth living in countries of Central and South America

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $231,502
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $231,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,856
Fundraising Expenses $0
Program Expenses $241,650
Other Expenses $105,794
TOTAL EXPENSES $241,650

Year-over-Year Comparison

2025 2024 Change
Revenue $231,502 $229,385 +0.0%
Expenses $241,650 $229,385 +0.1%
Net Income $-10,148 $0 N/A
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

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
10

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
James D Sharpless President 5.00
Officer
$0 $0 $0
Cynthia A Sharpless CFO 5.00
Officer
$0 $0 $0
Junior A Glass Board member 3.00
Director
$0 $0 $0
Bo Smith Board member 1.00
Director
$0 $0 $0
Timothy Rohrbach Board member 0.00
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
2025 $231,502 $241,650 $134,875 $-10,148
2024 $229,385 $229,385 $82,382 No data
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