EDUCATE HAITI INC (EIN 811727068) - 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

2016

Legal Domicile

Principal Officer

Donald Pomeroy

Phone

2603169788

Tax Period

2024-01-01 to 2024-12-31

EDUCATE HAITI INC, founded in 2016, is a micro nonprofit that reported $80K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $122K exceeded revenue, resulting in a 53% operating deficit.

Mission

To assist Haitians in the development of schools, including buildings, equipment, salaries, books, and supplies. Development of teacher skills and development of students into future leaders is of primary importance, so that Haitian children can develop and have the opportunity for a quality education, the key to empowerment to pursue their dreams and become the future leaders of Haiti. These future leaders will be entrusted to solve the many problems that Haiti has.

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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 $80,124

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $80,124

Expense Breakdown

Grants Paid $121,698

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $122,324

Other Expenses $626

TOTAL EXPENSES $122,324

Year-over-Year Comparison

	2024	2023	Change
Revenue	$80,124	$90,190	-0.1%
Expenses	$122,324	$88,849	+0.4%
Net Income	$-42,200	$1,341	-32.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kathleen Pomeroy	Secretary	15	Officer Director Key Emp	$0	$0	$0
Donald Pomeroy	CFO	12	Officer Director Key Emp	$0	$0	$0
Rev Raymond Steven Bryce	Chaplain	0	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	$80,124	$122,324	No data	$-42,200
2023	$90,190	$88,849	$42,201	$1,341
2022	$58,727	$90,848	$40,859	$-32,121
2021	$130,624	$112,976	$72,981	$17,648
2020	$56,538	$76,032	$55,333	$-19,494

EDUCATE HAITI INC