HIGH POINT LEAP (EIN 471219191) - 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

2015

Legal Domicile

Principal Officer

CLAIRE ROBINSON

Phone

3368868744

Tax Period

2021-07-01 to 2022-06-30

HIGH POINT LEAP, founded in 2015, is a small nonprofit that reported $298K in total revenue in fiscal year 2021. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $280K left a modest 6% surplus.

Mission

OUR MISSION: OUR VISION IS TO ERADICATE POVERTY THROUGH EDUCATION, COMMUNITY RESOURCES AND LOCAL SOLUTIONS THAT EMPOWER YOUTH AND FAMILIES TO REACH THEIR DREAMS FOR A GREAT LIFE.HIGH POINT LEAP (LITERACY EMPOWERS ALL PEOPLE) IS A GRASSROOTS, 501C3 NONPROFIT DROPOUT INTERVENTION PROGRAM DEDICATED TO EMPOWERING CHILDREN FROM CRADLE TO COLLEGE AND FAMILIES THROUGH LITERACY. WE PREPARE CHILDREN TO GRADUATE ON-TIME, ATTEND COLLEGE IF DESIRED AND BECOME 21ST CENTURY LEADERS. LEAP ALSO PROVIDES WRAPAROUND SERVICES FOR FAMILIES YEAR ROUND.

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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 (2021)

Revenue Breakdown

Contributions & Grants $297,756

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $297,756

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,079

Fundraising Expenses $3,036

Program Expenses $248,012

Other Expenses $171,252

TOTAL EXPENSES $280,331

Year-over-Year Comparison

	2021	2020	Change
Revenue	$297,756	$199,002	+0.5%
Expenses	$280,331	$189,300	+0.5%
Net Income	$17,425	$9,702	+0.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE STEWART	DIRECTOR	1.00	Director	$0	$0	$0
SANFORD WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
RANDY CARDA	DIRECTOR	1.00	Director	$0	$0	$0
LORI SAXON	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIE BYNUM	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE CARDA	DIRECTOR	1.00	Director	$0	$0	$0
APRIL WINES	DIRECTOR	1.00	Director	$0	$0	$0
TIM ILDERTON	PRESIDENT	2.00	Officer	$0	$0	$0
JANICE DALE	SECRETARY	2.00	Officer	$0	$0	$0
BECKY WRAY	TREASURER	2.00	Officer	$0	$0	$0
VICKI MILLER	VICE-PRESIDENT	2.00	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
2022	$297,756	$280,331	$50,201	$17,425

HIGH POINT LEAP