KIDS IN TECH INC (EIN 813311916) - 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

OLUFUNMIKE O IBRAHIM ME

Phone

9788216218

Tax Period

2022-06-01 to 2023-05-31

KIDS IN TECH INC, founded in 2016, is a small nonprofit in the Education sector that reported $759K in total revenue in fiscal year 2022. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

WE EXCITE, EDUCATE, AND EMPOWER CHILDREN TO USE TECHNOLOGY, PROMOTING A POSITIVE ENVIRONMENT AND FOSTERING LIFELONG INTEREST THROUGH OUR AFTER SCHOOL PROGRAMMING IN LOWELL, MASSACHUSETTS AND THE GREATER MERRIMACK VALLEY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $758,025

Program Service Revenue $0

Investment Income $1,420

Other Revenue $0

TOTAL REVENUE $759,445

Expense Breakdown

Grants Paid $0

Salaries & Benefits $269,765

Fundraising Expenses $151,117

Program Expenses $373,389

Other Expenses $444,751

TOTAL EXPENSES $761,639

Year-over-Year Comparison

	2022	2021	Change
Revenue	$759,445	$547,062	+0.4%
Expenses	$761,639	$351,653	+1.2%
Net Income	$-2,194	$195,409	-1.0%

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

$87,681

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OLU IBRAHIM	PRESIDENT/CEO	60.00	Officer	$87,681	$0	$87,681
MARIA MCDUFFIE CLARK	CHAIR	1.00	Officer Director	$0	$0	$0
CHRISTINE CLOONAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
GREGORY BLOOMFIELD	TREASURER	1.00	Officer Director	$0	$0	$0
ERIKA KIRSLIS	CLERK/SECRETARY	1.00	Officer Director	$0	$0	$0
PHIENG SILIPHAIVANH	DIRECTOR	1.00	Director	$0	$0	$0
JIM WHALEN	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA JONYNER	DIRECTOR	1.00	Director	$0	$0	$0
ARMAND ADNANDE	DIRECTOR (UNTIL 7/1/22)	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
2023	$759,445	$761,639	$516,045	$-2,194
2023	$57,570	$60,674	$518,221	$-3,104
2022	$547,062	$351,653	$431,021	$195,409
2021	$224,273	$101,548	$273,691	$122,725

KIDS IN TECH INC