ELEVATE COWETA STUDENTS INC (EIN 582014744) - 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

Legal Domicile

Principal Officer

JOE CRAIN III

Phone

7707109540

Tax Period

2023-07-01 to 2024-06-30

ELEVATE COWETA STUDENTS INC is a small nonprofit in the Civil Rights & Advocacy sector that reported $396K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $496K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO ELEVATE OUR STUDENTS TO SUCCESS IN SCHOOL, IN OUR COMMUNITY AND IN LIFE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $456,295

Program Service Revenue $0

Investment Income $12

Other Revenue $-60,282

TOTAL REVENUE $396,025

Expense Breakdown

Grants Paid $0

Salaries & Benefits $418,124

Fundraising Expenses $52,119

Program Expenses $392,162

Other Expenses $78,138

TOTAL EXPENSES $496,262

Year-over-Year Comparison

	2023	2022	Change
Revenue	$396,025	$575,986	-0.3%
Expenses	$496,262	$482,824	+0.0%
Net Income	$-100,237	$93,162	-2.1%

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

300

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

$86,864

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE CRAIN III	TREASURER	1.00	Officer Director	$0	$0	$0
HALEY MURPHEY	BOARD CHAIRP	1.00	Officer Director	$0	$0	$0
BO DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL K BARBEE	EXECUTIVE DI	40.00	Officer	$86,864	$0	$86,864
JASON EAKER	BOARD MEMBER	1.00	Director	$0	$0	$0
BETSY BURNETTE	BOARD MEMBER	1.00	Director	$0	$0	$0
EMILY GATES	BOARD MEMBER	1.00	Director	$0	$0	$0
SAM GIDDENS	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA JOHNSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
SISTER WARD	BOARD MEMBER	1.00	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	$396,025	$496,262	$223,010	$-100,237
2023	$575,986	$482,824	$322,024	$93,162
2022	$467,454	$483,965	$228,862	$-16,511
2021	$549,012	$463,392	$245,373	$85,620
2020	$352,266	$411,447	$162,826	$-59,181
2019	$434,135	$441,970	$153,474	$-7,835
2018	$419,393	$420,599	$170,113	$-1,206

ELEVATE COWETA STUDENTS INC