ROAD2HIRE

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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

BEN BRAUN

Phone

7046971131

Tax Period

2024-01-01 to 2024-12-31

ROAD2HIRE, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $17.2M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.6M, a strong 27% operating margin.

Mission

THE ORGANIZATION IS A NONPROFIT BUILT TO HELP BREAK THE ECONOMIC MOBILITY BARRIERS IN THE GREATER CHARLOTTE AREA BY PROVIDING RESOURCES FOR MOTIVATED YOUNG ADULTS TO GROW PERSONALLY AND PROFESSIONALLY IN A HIGHLY SUPPORTIVE ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $10,907,740 Revenue: $1,180,000

ROAD2HIRE IS A NONPROFIT ORGANIZATION BUILT TO HELP BREAK THE ECONOMIC MOBILITY BARRIERS IN THE GREATER CHARLOTTE AREA. ROADTOHIRE TEACHES SKILLS NEEDED TO BREAK INTO THE FIELDS OF WEB DEVELOPMENT...

ROAD2HIRE IS A NONPROFIT ORGANIZATION BUILT TO HELP BREAK THE ECONOMIC MOBILITY BARRIERS IN THE GREATER CHARLOTTE AREA. ROADTOHIRE TEACHES SKILLS NEEDED TO BREAK INTO THE FIELDS OF WEB DEVELOPMENT AND SALES. THE ORGANIZATION PROMOTES ECONOMIC MOBILITY FOR MOTIVATED YOUNG ADULTS THROUGH PAID PROFESSIONAL TRAINING, PERSONAL DEVELOPMENT AND JOB PLACEMENT. ROAD2HIRE ALSO PROVIDES "DACAMENTED AND UNDOCUMENTED STUDENTS WITH THE FINANCIAL AID AND SUPPORT NEEDED TO INVEST IN THEIR EDUCATION AND DEFINE THEIR FUTURES. WE BELIEVE THAT IMMIGRATION STATUS SHOULD NOT DETERMINE OPPORTUNITY; TENACITY AND HARD WORK SHOULD.

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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 $15,860,949

Program Service Revenue $1,180,000

Investment Income $148,639

Other Revenue $0

TOTAL REVENUE $17,189,588

Expense Breakdown

Grants Paid $4,870,276

Salaries & Benefits $6,904,334

Fundraising Expenses $0

Program Expenses $10,907,740

Other Expenses $773,281

TOTAL EXPENSES $12,547,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,189,588	$11,849,758	+0.5%
Expenses	$12,547,891	$13,099,385	0.0%
Net Income	$4,641,697	$-1,249,627	-4.7%

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
RICARDO ELIAS	PRESIDENT	1.00	Officer Director	$0	$0	$0
KACEY GRANTHAM	VICE PRESIDENT	25.00	Officer Director	$0	$0	$0
SATHISH MUTHUKRISHAN	TREASURER	1.00	Officer Director	$0	$0	$0
THADD JONES	SECRETARY	1.00	Officer Director	$0	$0	$0
KATHRYN BLACK	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
2024	$17,189,588	$12,547,891	$26,934,168	$4,641,697
2024	$17,189,588	$12,547,891	$26,934,168	$4,641,697
2023	$10,855,250	$13,099,385	$31,167,367	$-2,244,135
2023	$11,544,758	$13,099,385	$30,862,367	$-1,554,627
2022	$11,941,371	$8,851,929	$5,017,838	$3,089,442
2022	$41,564,410	$8,901,804	$33,979,423	$32,662,606
2021	$3,197,905	$3,887,407	$1,082,574	$-689,502
2020	$3,897,304	$2,400,854	$1,934,224	$1,496,450
2019	$995,745	$912,364	$513,370	$83,381
2018	$803,985	$812,974	$131,641	$-8,989