EDUCATIONAL DIVIDE REFORM INC (EIN 462969632) - 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

Phone

6174922722

Tax Period

2024-01-01 to 2024-12-31

EDUCATIONAL DIVIDE REFORM INC, founded in 2013, is a small nonprofit in the Unknown sector that reported $321K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

EDUCATIONAL DIVIDE REFORM, INC. IS A NONPROFIT 501(C)(3) ORGANIZATION ESTABLISHED IN MASSACHUSETTS IN 2013. ITS MISSION IS TO ADVANCE COMMUNITY DEVELOPMENT, SOCIAL INCLUSION, AND DEMOCRATIC IDEALS THROUGH EARLY ADOLESCENT AND YOUTH EDUCATION. THE ORGANIZATION HAS A STRONG TRADITION OF SERVING DISADVANTAGED YOUTH IN THE UNITED STATES AND ABROAD, INCLUDING NORTH KOREAN REFUGEES. SINCE 2016, IT HAS OPERATED A PROGRAM CALLED STEP UP, WHICH SUPPORTS LOW-INCOME IMMIGRANT STUDENTS IN THE GREATER BOSTON AREA BY IMPROVING THEIR ACADEMIC PROSPECTS AND REDUCING EDUCATIONAL OPPORTUNITY INEQUALITY. MANY IMMIGRANT STUDENTS AND FIRST-GENERATION AMERICAN STUDENTS WHOSE PARENTS ARE IMMIGRANTS FACE A COMBINATION OF LINGUISTIC, CULTURAL, ECONOMIC, AND TECHNOLOGICAL BARRIERS. IN ADDITION, CHALLENGES SUCH AS ANGER ISSUES, VIOLENCE, LOW SELF-ESTEEM, AND DIFFICULTIES AT HOME HAVE THREATENED THEIR MOTIVATION FOR STUDYING AND THEIR ABILITY TO PERSIST AND SUCCEED ACADEMICALLY.

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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 $223,716

Program Service Revenue $97,276

Investment Income $186

Other Revenue $0

TOTAL REVENUE $321,178

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,178

Fundraising Expenses $10,650

Program Expenses $227,421

Other Expenses $236,741

TOTAL EXPENSES $337,919

Year-over-Year Comparison

	2024	2023	Change
Revenue	$321,178	$368,004	-0.1%
Expenses	$337,919	$395,767	-0.1%
Net Income	$-16,741	$-27,763	-0.4%

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

$70,500

Total Directors

$70,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRACE GOEUN KWON	Treasurer	30.00	Officer Director	$34,500	$0	$34,500
JINSEOP JANG PH D	PRESIDENT	24.00	Officer Director	$20,000	$0	$20,000
YE EUN CHO	CLERK	30.00	Officer Director	$16,000	$0	$16,000
WINSTON LANGLEY PH D	DIRECTOR	0.50	Director	$0	$0	$0
TIMOTHY M SHAW PH D	DIRECTOR	0.50	Director	$0	$0	$0
JANE PARPART PH D	DIRECTOR	0.50	Director	$0	$0	$0
HYON C PLAHM	CFO	0.50	Officer Director	$0	$0	$0
MARY CAZABON	Director	0.50	Director	$0	$0	$0
LINDA CHAMPION ESQ	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	$321,178	$337,919	$4,252	$-16,741
2023	$368,004	$395,767	$1,739	$-27,763
2022	$293,323	$457,588	$20,863	$-164,265
2021	$342,415	$458,904	$189,842	$-116,489
2020	$50,925	$111,900	$2,631	$-60,975
2019	$180,856	$192,546	$6,809	$-11,690
2018	$184,305	$170,319	$184	$13,986

EDUCATIONAL DIVIDE REFORM INC