REGIONAL INNOVATION AND STARTUP EDUCATION INC (EIN 811242098) - 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

LAWRENCE GARATONI

Phone

5742715145

Tax Period

2024-07-01 to 2025-06-30

REGIONAL INNOVATION AND STARTUP EDUCATION INC, founded in 2015, is a small nonprofit in the Education sector that reported $872K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 17% operating deficit.

Mission

THE RISE PROGRAM IS DESIGNED TO MENTOR AND EDUCATE HIGH SCHOOL STUDENTS IN HOW TO BECOME ENTREPRENEURS AND BEGIN THEIR OWN BUSINESSES IN ORDER TO STIMULATE THE LOCAL BUSINESS SECTOR.

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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 $681,665

Program Service Revenue $199,100

Investment Income $1,086

Other Revenue $-9,712

TOTAL REVENUE $872,139

Expense Breakdown

Grants Paid $500

Salaries & Benefits $732,001

Fundraising Expenses $333,028

Program Expenses $334,286

Other Expenses $284,315

TOTAL EXPENSES $1,016,816

Year-over-Year Comparison

	2024	2023	Change
Revenue	$872,139	$1,056,878	-0.2%
Expenses	$1,016,816	$963,594	+0.1%
Net Income	$-144,677	$93,284	-2.6%

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

$189,342

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDGAR CABELLO	BOARD MEMBER	2.00	Director	$0	$0	$0
LEX DENNIS	BOARD MEMBER	2.00	Director	$0	$0	$0
MAGGIE KING	BOARD MEMBER	2.00	Director	$0	$0	$0
ISAAC TORRES	BOARD MEMBER	2.00	Director	$0	$0	$0
DAN FANGMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
BETHANY HARTLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARLES LOESER	SECRETARY	2.00	Officer Director	$0	$0	$0
LAWRENCE GARATONI	PRESIDENT	2.00	Officer Director	$0	$0	$0
IRIS HAMMEL	EXECUTIVE DIRECTOR	40.00	Officer	$170,207	$19,135	$189,342

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	$872,139	$1,016,816	$135,669	$-144,677
2024	$1,056,878	$963,594	$390,478	$93,284
2023	$900,053	$693,853	$400,673	$206,200
2022	$273,772	$363,592	$370,799	$-89,820
2021	$762,597	$443,336	$421,626	$319,261
2018	$180,885	$257,198	$22,168	$-76,313

REGIONAL INNOVATION AND STARTUP EDUCATION INC