led better inc (EIN 462558416) - 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

PAUL LE

Phone

3477728553

Tax Period

2023-01-01 to 2023-12-31

led better inc, founded in 2013, is a small nonprofit in the Education sector that reported $915K in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $207K, a strong 23% operating margin.

Mission

TO SUPPORT THE DEVELOPMENT OF HIGH QUALITY COMMUNITY BASED PUBLIC SCHOOLS AND COMMUNITY ENGAGEMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $825,415

Program Service Revenue $89,147

Investment Income $0

Other Revenue $0

TOTAL REVENUE $914,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $423,098

Fundraising Expenses $5,401

Program Expenses $684,902

Other Expenses $283,996

TOTAL EXPENSES $707,094

Year-over-Year Comparison

	2023	2022	Change
Revenue	$914,562	$563,688	+0.6%
Expenses	$707,094	$408,486	+0.7%
Net Income	$207,468	$155,202	+0.3%

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

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

$218,991

Total Directors

$218,991

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL LE	EXECUTIVE DIRECTOR	40.00	Officer Director	$100,120	$478	$100,598
CHARLES COLE	EXECUTIVE DIRECTOR	40.00	Officer Director	$112,636	$5,757	$118,393
AMINA ASSEFA	BOARD DIRECTOR	0.50	Director	$0	$0	$0
SARAH CARPENTER	BOARD DIRECTOR	0.50	Director	$0	$0	$0
HEATHER HARDING	BOARD DIRECTOR	0.50	Director	$0	$0	$0
TONY LOPEZ	BOARD DIRECTOR	0.50	Director	$0	$0	$0
THEO OLIPHANT	BOARD DIRECTOR	0.50	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
2024	No data	No data	No data	No data
2023	$914,562	$707,094	$474,180	$207,468
2022	$563,688	$408,486	$266,712	$155,202
2021	$465,674	$499,247	$135,747	$-33,573
2020	$591,032	$452,461	$169,306	$138,571
2019	$410,609	$461,227	$30,735	$-50,618

led better inc