HEADSTARTER NETWORK

EIN: 813558468 501(c)(3) Youth Development

ALEXANDRIA, VA

Total Revenue
$96,139
Total Expenses
$96,097
Total Assets
$232,000
Net Assets
$19,410
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
DC
Principal Officer
YASMINA VINCI
Phone
7037390875
Tax Period
2022-07-01 to 2023-06-30

HEADSTARTER NETWORK, founded in 2016, is a micro nonprofit in the Youth Development sector that reported $96K in total revenue in fiscal year 2022. Revenue surged 165% from the prior year, signaling strong growth momentum.

Mission

THE HEADSTARTER NETWORK IS A NONPROFIT ORGANIZATION CREATED TO PROVIDE A NIMBLE, INTERDISPLINARY, AND FORWARD-LOOKING ENGINE FOR DRIVING INNOVATION IN EARLY CHILDHOOD DEVELOPMENT AND EDUCSTION. WE CONSTANTLY SEEK TO APPLY BEST PRACTICES AND INNOVATIONS FROM TECHNOLOGY, BUSINESS, AND ACADEMIA TO SHAPE NEW MODELS OF EARLY CHILDHOOD EDUCATION.THE HEADSTARTER NETWORK IS BEING BUILT TO FACILITATE COLLABORATIONS, EXPERIMENTS, RESEARCH, PRODUCTS, SERVICES, AND VENTURES BETWEEN NETWORK MEMBERS. NETWORK MEMBERS INCLUDE:- EARLY CHILDHOOD DEVELOPMENT AND EDUCATION PRACTITIONERS- CORPORATE PARTNERS- TECHNOLOGY PARTNERS- ACADEMIA- VENTURE PHILANTHROPY- FOUNDATIONSTHE HEADSTARTER NETWORK IS A COMMUNITY FOR ANYBODY CURIOUS AND POISED TO EXPLORE AND IMPACT THE FUTURE OF EARLY LEARNING.

Program Service Accomplishments

Program 1
Expenses: $77,219 Revenue: $67,389

THE HEADSTARTER NETWORK SERVES AS A FORUM FOR KNOWLEDGE EXCHANGE AMONG EARLY CHILDHOOD DEVELOPMENT AND EDUCATION PRACTITIONERS AS WELL AS WITH OTHER INDUSTRIES AND SECTORS. WE ARE KEEN TO TAKE THE...

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THE HEADSTARTER NETWORK SERVES AS A FORUM FOR KNOWLEDGE EXCHANGE AMONG EARLY CHILDHOOD DEVELOPMENT AND EDUCATION PRACTITIONERS AS WELL AS WITH OTHER INDUSTRIES AND SECTORS. WE ARE KEEN TO TAKE THE BEST PRACTICES AND INNOVATIONS OF OTHER DISCIPLINES, ESPECIALLY THE DISRUPTIVE POTENTIAL OF EXPONENTIAL TECHNOLOGIES, AND COMBINE THEM WITH THE LATEST SCIENTIFIC INSIGHTS ON EARLY LEARNING.IN THE SPIRIT OF HEAD START'S BEGINNING AS A CROSS-SECTOR COLLANPRATION, THE HEADSTARTER NETWORK IS COMMITTED TO ADVANCING THE FIELD OF EARLY CHILDHOOD DEVELOPMENT AND EDUCATION THROUGH INTERDISCIPLINARY THINKING AND DISRUPTIVE INNOVATION. OUR GOAL IS TO FACILITATE COLLABORATIONS, EXPERIMENTS, RESEARCH, PRODUCTS, SERVICES, AND VENTURES BETWEEN NETWORK MEMBERS - PRACTITIONERS, CORPORATE PARTNERS, ACADEMIA, VENTURE PHILANTHROPY, AND FOUNDATIONS.THE HEADSTARTER NETWORK IS A COMMUNITY FOR ANYBODY CURIOUS AND POISED TO EXPLORE AND IMPACT THE FUTURE OF EARLY LEARNING.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $28,750
Program Service Revenue $67,389
Investment Income $0
Other Revenue $0
TOTAL REVENUE $96,139

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,219
Other Expenses $96,097
TOTAL EXPENSES $96,097

Year-over-Year Comparison

2022 2021 Change
Revenue $96,139 $36,281 +1.6%
Expenses $96,097 $63,015 +0.5%
Net Income $42 $-26,734 -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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAMON CARSON PRESIDENT 1.00
Officer Director
$0 $0 $0
YASMINA VINCI SECRETARY & EXECUTIVE DIRE 1.00
Officer Director
$0 $0 $0
YOULANDA UPKINS TREASURER 1.00
Officer Director
$0 $0 $0
KEITH WILLIAMS 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 No data No data No data No data
2023 $96,139 $96,097 $232,000 $42
2022 $36,281 $63,015 $232,000 $-26,734
2021 $11,199 $144,141 No data $-132,942
2019 $257,500 $142,984 $98,552 $114,516
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