Gapbuster Inc

EIN: 522336563 501(c)(3) Youth Development

Silver Spring, MD

Total Revenue
$256,689
Total Expenses
$377,882
Total Assets
$36,320
Net Assets
$36,320
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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
1999
Legal Domicile
MD
Principal Officer
YVETTE BUTLER-YEBOAH
Tax Period
2023-07-01 to 2024-06-30

Gapbuster Inc, founded in 1999, is a small nonprofit in the Youth Development sector that reported $257K in total revenue in fiscal year 2023. Expenses of $378K exceeded revenue, resulting in a 47% operating deficit.

Mission

GapBuster is an educational program dedicated to promoting higher levels of achievement and closing the performance gap of of students by enriching and supplementing their learning experience.

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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 (2023)

Revenue Breakdown

Contributions & Grants $256,689
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $256,689

Expense Breakdown

Grants Paid $0
Salaries & Benefits $348,870
Fundraising Expenses $0
Other Expenses $29,012
TOTAL EXPENSES $377,882

Year-over-Year Comparison

2023 2022 Change
Revenue $256,689 $244,427 +0.1%
Expenses $377,882 $450,867 -0.2%
Net Income $-121,193 $-206,440 -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

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Governance

Voting Members
19
Independent Members
19
Employees
16
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
1
$0
Total Directors
19
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Yvette Butler MD Director 060.00
Officer Director Key Emp Highest
$0 $0 $0
Patricia Williams Trustee 001.00
Director
$0 $0 $0
Conrad Clyburn Trustee 001.00
Director
$0 $0 $0
Lola Crawford Trustee 001.00
Director
$0 $0 $0
Floretta Lawson Trustee 001.00
Director
$0 $0 $0
Terrance Bright Trustee 001.00
Director
$0 $0 $0
Aurelia Martin Trustee 001.00
Director
$0 $0 $0
Luis Rosales Trustee 001.00
Director
$0 $0 $0
Larry Shelton Trustee 001.00
Director
$0 $0 $0
Sherlene Lucas Trustee 001.00
Director
$0 $0 $0
Soffie Cessay Trustee 001.00
Director
$0 $0 $0
Sheila Clyburn Trustee 001.00
Director
$0 $0 $0
Lydia Dean Trustee 001.00
Director
$0 $0 $0
Daniela Velasquez Trustee 001.00
Director
$0 $0 $0
John Orr Trustee 001.00
Director
$0 $0 $0
Valerie Johnson Trustee 001.00
Director
$0 $0 $0
Angela Nobles Trustee 001.00
Director
$0 $0 $0
Leonard Lee Trustee 001.00
Director
$0 $0 $0
Ekourba Yeboah Trustee 001.00
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 No data No data No data No data
2024 $256,689 $377,882 $36,320 $-121,193
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