SCARLET FOUNDATION (EIN 472531750) - 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

Principal Officer

JESSE LEE

Phone

8186466061

Tax Period

2018-07-01 to 2019-06-30

SCARLET FOUNDATION, founded in 2014, is a small nonprofit in the Education sector that reported $379K in total revenue in fiscal year 2018. Revenue surged 344% from the prior year, signaling strong growth momentum. Expenses of $338K left a modest 11% surplus.

Mission

The mission of Scarlet Foundation is to ensure that the learners of iLead Encino have the best educational experience possible.We work toward that goal by partnering with the administrators, facilitators and families of iLEAD Encino to develop and support programs, events and community-building activities that go above and beyond the school's traditional resources. All of this is made possible through the coordinated efforts of volunteers drawn from the iLEAD Encino community and through fundraising initiatives such as an annual giving campaign, community sponsorships and special events.

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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 (2018)

Revenue Breakdown

Contributions & Grants $379,060

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $379,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $22,549

Program Expenses $298,284

Other Expenses $338,049

TOTAL EXPENSES $338,049

Year-over-Year Comparison

	2018	2017	Change
Revenue	$379,060	$85,362	+3.4%
Expenses	$338,049	$135,724	+1.5%
Net Income	$41,011	$-50,362	-1.8%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
KENNETH ELLWOD RAGSDALE III	President	Director	$0	$0	$0
JESSE LEE	Treasurer	Director	$0	$0	$0
STEVE RYAN	Secretary	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
2019	$379,060	$338,049	$83,635	$41,011

SCARLET FOUNDATION