EDUCATIONAL HARBOR INC

EIN: 474468310 501(c)(3) Education

PALMETTO, FL

Total Revenue
$341,905
Total Expenses
$329,263
Total Assets
$124,989
Net Assets
$105,603
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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
FL
Principal Officer
Stacey Mayo
Phone
7275122743
Tax Period
2024-07-01 to 2025-06-30

EDUCATIONAL HARBOR INC, founded in 2015, is a small nonprofit in the Education sector that reported $342K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $329K left a modest 4% surplus.

Mission

Our Vision is to serve students family,and faculty inspiring them to reach their fullest potential through a lifelong love of learning and of Christ. Our Mission is to provide quality Christian education that is individualized research-based and community-supported.

Program Service Accomplishments

Program 1
Expenses: $239,097 Revenue: $347,027

We operate a private educational program Monday through Friday with schedules adjusted to meet the needs of the communitres we serve. Our programming centers on academic instruction enrichment...

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We operate a private educational program Monday through Friday with schedules adjusted to meet the needs of the communitres we serve. Our programming centers on academic instruction enrichment courses and individualized tutoring To further support our educational mission we collaborate with other educatronal groups and organizations to expand learning opporlunities beyond our campus. These partnerships ___ _ allow us to incorporate structured fild trips that reinfornce classroom instructionand provide students with hands-on experimewntal learning alinged with educational objectives.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,140
Program Service Revenue $340,027
Investment Income $0
Other Revenue $738
TOTAL REVENUE $341,905

Expense Breakdown

Grants Paid $0
Salaries & Benefits $265,218
Fundraising Expenses $0
Program Expenses $239,097
Other Expenses $64,045
TOTAL EXPENSES $329,263

Year-over-Year Comparison

2024 2023 Change
Revenue $341,905 $490,880 -0.3%
Expenses $329,263 $475,767 -0.3%
Net Income $12,642 $15,113 -0.2%
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

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Governance

Voting Members
4
Independent Members
2
Employees
12
Volunteers
6

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
2
$135,600
Total Directors
4
$135,600
Key Employees
2
$135,600
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stacey Mayo Principal 40.00
Officer Director Key Emp Highest
$67,840 $0 $67,840
Tina Donnelly Treasurer 40.00
Officer Director Key Emp
$67,760 $0 $67,760
Joe Henry Director 5.00
Director
$0 $0 $0
Chris Kitson Director 5.00
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
2025 $341,905 $329,263 $124,989 $12,642
2024 $490,880 $475,767 $134,650 $15,113
2023 $448,485 $444,801 $101,951 $3,684
2022 $568,404 $472,199 $127,197 $96,205
2021 $472,196 $479,953 $51,875 $-7,757
2019 $304,933 $306,233 $17,133 $-1,300
2019 $304,933 $308,581 $14,785 $-3,648
2018 $197,131 $200,298 $12,504 $-3,167
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