ARETE EDUCATION INC (EIN 800789207) - 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

2012

Legal Domicile

Principal Officer

SAM ALEXANDER

Phone

9179858980

Tax Period

2023-07-01 to 2024-06-30

ARETE EDUCATION INC, founded in 2012, is a community nonprofit in the Youth Development sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum.

Mission

ARETE OPERATES AFTERSCHOOL AND SUMMER PROGRAMS IN NEW YORK CITY PUBLIC SCHOOLS

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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 $1,729,746

Program Service Revenue $0

Investment Income $107

Other Revenue $17,212

TOTAL REVENUE $1,747,065

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $1,413,735

Fundraising Expenses $13,875

Program Expenses $1,580,826

Other Expenses $428,571

TOTAL EXPENSES $1,847,806

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,747,065	$1,195,519	+0.5%
Expenses	$1,847,806	$895,518	+1.1%
Net Income	$-100,741	$300,001	-1.3%

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

$300,643

Total Directors

$21,932

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GABRIEL HERNANDEZ	Executive Dir.	40.00	Officer	$118,535	$10,176	$128,711
SARAH BENIS SCHEIER DOLBERG	President	32.00	Officer	$75,000	$0	$75,000
GEBRINA B ROBERTS	Dir.of Fin & Op	24.00	Officer	$75,000	$0	$75,000
SAM ALEXANDER	Secretary/COO	24.00	Officer Director	$16,844	$5,088	$21,932
MCEVANS FRANCOIS	President	3.00	Officer Director	$0	$0	$0
MATT MCCAMBRIDGE	Vice President	2.00	Officer Director	$0	$0	$0
SANDRA NUNEZ-GOMEZ	Treasurer	1.00	Officer Director	$0	$0	$0
ERICA F SEALEY	Director	1.00	Director	$0	$0	$0
KELLY HOLLOWAY	Director	1.00	Director	$0	$0	$0
KHOLOFELO MOTHIBI	Director	1.00	Director	$0	$0	$0
YESY ROBLES	Director	1.00	Director	$0	$0	$0
RAYMOND SANCHEZ	Director	1.00	Director	$0	$0	$0
JARED STELLER	Director	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	No data	No data	No data	No data
2024	$1,747,065	$1,847,806	$1,023,366	$-100,741
2023	$1,195,519	$1,279,377	$831,925	$-83,858
2022	$692,847	$658,225	$619,163	$34,622
2021	$1,681,301	$1,920,953	$552,003	$-239,652
2020	$1,509,408	$1,616,737	$993,657	$-107,329
2019	$1,611,082	$1,362,687	$1,018,717	$248,395
2018	$1,193,513	$822,067	$689,239	$371,446

ARETE EDUCATION INC