COLLEGE MENTORING EXPERIENCE (EIN 465578549) - 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

2014

Legal Domicile

Phone

3129532634

Tax Period

2023-01-01 to 2023-12-31

COLLEGE MENTORING EXPERIENCE, founded in 2014, is a small nonprofit in the Education sector that reported $436K in total revenue in fiscal year 2023. Revenue surged 96% from the prior year, signaling strong growth momentum. Expenses of $396K left a modest 9% surplus.

Mission

COLLEGE MENTORING EXPERIENCE IS A CHICAGO NON-PROFIT ORGANIZATION THAT PROVIDES RESOURCES TO HELP YOUTH ENTER INTO COLLEGE AND GRADUATE VIA COLLEGE TOURS, SCHOLARSHIPS, TUTORING AND MENTORSHIP. COLLEGE MENTORING EXPERIENCE PREPARE STUDENTS WITH ACADEMIC AND SOFT SKILLS NEEDED TO SUCCEED IN THE 21ST CENTURY ACADEMIC AND WORKPLACE ENVIRONMENTS. IT IS THE BELIEF OF COLLEGE MENTORING EXPERIENCE THAT WHEN STUDENTS ARE SUPPORTED, FAMILIES AND COMMUNITIES ARE IMPACTED.

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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 $435,967

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $435,967

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,022

Fundraising Expenses $189

Program Expenses $314,444

Other Expenses $248,960

TOTAL EXPENSES $395,982

Year-over-Year Comparison

	2023	2022	Change
Revenue	$435,967	$222,680	+1.0%
Expenses	$395,982	$330,036	+0.2%
Net Income	$39,985	$-107,356	-1.4%

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

N/A

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

$28,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERNARD LILLY	President	40.00	Officer	$28,000	$0	$28,000
YOLANDA WELLS	Vice President	20.00	Director	$0	$0	$0
SHINWE SHELTON	Treasurer	20.00	Director	$0	$0	$0
LEWIS KENNEBREW	Secretary	10.00	Director	$0	$0	$0
KIM DUNCAN	Director	0.00	Director	$0	$0	$0
PATRICE MORRIS	Director	0.00	Director	$0	$0	$0
OWENS J SHELBY	Director	0.00	Director	$0	$0	$0
CHRISTOPHER CARTER	Director	0.00	Director	$0	$0	$0
BERNARD LILLY JR	Director	0.00	Director	$0	$0	$0
SACELLA SMITH	Director	0.00	Director	$0	$0	$0
SHACARRA WESTBROOKS	Director	0.00	Director	$0	$0	$0
ERICA ORR	Director	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
2024	No data	No data	No data	No data
2023	$435,967	$395,982	$65,888	$39,985
2022	$337,818	$331,280	$135,339	$6,538
2022	$222,680	$330,036	$14,299	$-107,356
2021	$490,070	$437,058	$126,257	$53,012
2021	$490,070	$455,832	$125,281	$34,238
2020	$402,245	$344,416	$98,641	$57,829
2019	$301,044	$277,722	$23,698	$23,322
2018	$242,182	$285,316	$770	$-43,134

COLLEGE MENTORING EXPERIENCE