SIXTHIRTY GROUP

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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

2018

Legal Domicile

Principal Officer

Mingbo Gong

Phone

6507963428

Tax Period

2023-01-01 to 2023-12-31

SIXTHIRTY GROUP, founded in 2018, is a small nonprofit in the Public & Societal Benefit sector that reported $338K in total revenue in fiscal year 2023. Revenue surged 678% from the prior year, signaling strong growth momentum.

Mission

SixThirty Group focuses on building the future of education by incubating and enabling innovation in education. We explore new ways to make education more widely available and improve the quality of education around the world. SixThirty Group builds an expertise and knowledge base related to adopting new thinking of education and developing education technology.

Program Service Accomplishments

Program 1

Expenses: $21,273 Revenue: $30,150

For the SixThirty Inspirational Webinar series in 2023, we hosted four sessions without any grants. We were able to be profitable through programming and brocasting fees from private academic...

For the SixThirty Inspirational Webinar series in 2023, we hosted four sessions without any grants. We were able to be profitable through programming and brocasting fees from private academic institutions. We paid an average of $5,000 as honorarium payment to each of the four scholars for their time and generous support.

Program 2

Expenses: $316,736 Revenue: $307,946

The 2023 Capstone summer research program is the first year of program operation. We successfully hosted the program at Columbia University and the University of Cambridge between July and August...

The 2023 Capstone summer research program is the first year of program operation. We successfully hosted the program at Columbia University and the University of Cambridge between July and August, welcoming 80 students and five program instructors. Students lived in college dorms and studied with their instructors in college classrooms. We were able to be self-sustained through student tuition and accommodation fees, so we did not receive any grants for this program. We were also able to help four students waive their accommodation fees.

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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 $0

Program Service Revenue $338,096

Investment Income $0

Other Revenue $0

TOTAL REVENUE $338,096

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $338,009

Other Expenses $338,009

TOTAL EXPENSES $338,009

Year-over-Year Comparison

	2023	2022	Change
Revenue	$338,096	$43,455	+6.8%
Expenses	$338,009	$36,775	+8.2%
Net Income	$87	$6,680	-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

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
Mingbo Gong	Director	5.00	Officer 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
2023	$338,096	$338,009	$8,472	$87