EDUCATIONAL ALTERNATIVES (EIN 731173815) - 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

1984

Legal Domicile

Principal Officer

Lori Lovett

Phone

4054165448

Tax Period

2023-10-01 to 2024-09-30

EDUCATIONAL ALTERNATIVES, founded in 1984, is a small nonprofit in the Mental Health sector that reported $260K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $42K, a strong 16% operating margin.

Mission

Training and education for law enforcement, youth and others to make our communities safer.

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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 $241,788

Program Service Revenue $16,800

Investment Income $944

Other Revenue $0

TOTAL REVENUE $259,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,966

Fundraising Expenses $0

Program Expenses $197,762

Other Expenses $64,264

TOTAL EXPENSES $217,230

Year-over-Year Comparison

	2023	2022	Change
Revenue	$259,532	$283,892	-0.1%
Expenses	$217,230	$212,530	+0.0%
Net Income	$42,302	$71,362	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$86,056

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Linda Terrell	Executive Director	40	Officer	$73,920	$12,136	$86,056
Richard Coberg	President	1	Officer Director	$0	$0	$0
Catherine Purcell	Officer	0.5	Officer Director	$0	$0	$0
Catherine Coberg	Officer	0.5	Officer 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
2024	$259,532	$217,230	$242,827	$42,302
2023	$283,892	$212,530	$154,379	$71,362
2022	$204,732	$224,917	$83,331	$-20,185

EDUCATIONAL ALTERNATIVES