Alpha Merit Group Educational Foundation Inc (EIN 760060505) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

Omar Jones

Phone

7134494498

Tax Period

2024-09-01 to 2025-08-31

Alpha Merit Group Educational Foundation Inc, founded in 1982, is a small nonprofit that reported $393K in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum.

Mission

Alpha Merit Group Educational Foundation Inc is focused on scholarship, training and the development of enriching programs for minority youth.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $330,431

Investment Income $0

Other Revenue $62,542

TOTAL REVENUE $392,973

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $315,675

Other Expenses $390,417

TOTAL EXPENSES $390,417

Year-over-Year Comparison

	2024	2023	Change
Revenue	$392,973	$206,220	+0.9%
Expenses	$390,417	$188,416	+1.1%
Net Income	$2,556	$17,804	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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
Omar Jones	President	10.00	Officer	$0	$0	$0
Isaac Carrier	Vice President	8.00	Officer	$0	$0	$0
Warren Latham	Treasurer	8.00	Officer	$0	$0	$0
Samson Babalola	Secretary	8.00	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
2025	$392,973	$390,417	$219,258	$2,556
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data

Alpha Merit Group Educational Foundation Inc