PRECIOUS ONE LEARNING CENTER INC (EIN 571059135) - 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

EDELL GEORGE

Phone

8434003442

Tax Period

2024-01-01 to 2024-12-31

PRECIOUS ONE LEARNING CENTER INC, founded in 2015, is a small nonprofit that reported $654K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $595K left a modest 9% surplus.

Mission

TO PROVIDE QUALITY CHILDCARE AND AFTER-SCHOOL PROGRAMS AND SERVICES FOR LOW INCOME PARENTS AND CAREGIVERS (ADULTS). THESE SERVICES ARE PROVIDED SO THAT ADULTS CAN WORK OR ATTEND SCHOOL. THE SC FIRST STEPS AND ABC PROGRAMS GREATLY ASSIST THESE EFFORTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $653,746

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $653,746

Expense Breakdown

Grants Paid $0

Salaries & Benefits $354,380

Fundraising Expenses $0

Program Expenses $389,154

Other Expenses $240,472

TOTAL EXPENSES $594,852

Year-over-Year Comparison

	2024	2023	Change
Revenue	$653,746	$452,237	+0.4%
Expenses	$594,852	$542,057	+0.1%
Net Income	$58,894	$-89,820	-1.7%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BROWN	VICE PRESIDENT	20.00	Officer Director	$0	$0	$0
EDELL GEORGE	PRESIDENT	42.00	Officer	$0	$0	$0
ERICA JONES	SECRETARY	40.00	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
2024	$653,746	$594,852	$1,004,711	$58,894
2023	$452,237	$542,057	$1,165,059	$-89,820
2022	$1,051,404	$582,051	$1,373,288	$469,353
2020	$649,394	$594,233	$1,100,328	$55,161

PRECIOUS ONE LEARNING CENTER INC