THE EDUCATION INCUBATOR (EIN 815155325) - 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

2015

Legal Domicile

Principal Officer

MIKI TOMITA

Phone

8082559887

Tax Period

2024-01-01 to 2024-12-31

THE EDUCATION INCUBATOR, founded in 2015, is a small nonprofit in the Education sector that reported $702K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum.

Mission

TO EMPOWER PEOPLE TO LIVE WITH PASSION AND PURPOSE IN SERVICE OF A BETTER WORLD THROUGH PLACEBASED, CULTURALLYGROUNDED WORKSHOPS, PROGRAMS, AND PROFESSIONAL DEVELOPMENT.

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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 $42,025

Program Service Revenue $651,784

Investment Income $8,250

Other Revenue $0

TOTAL REVENUE $702,059

Expense Breakdown

Grants Paid $0

Salaries & Benefits $372,751

Fundraising Expenses $0

Program Expenses $633,568

Other Expenses $399,377

TOTAL EXPENSES $772,128

Year-over-Year Comparison

	2024	2023	Change
Revenue	$702,059	$427,801	+0.6%
Expenses	$772,128	$649,671	+0.2%
Net Income	$-70,069	$-221,870	-0.7%

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

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

$158,876

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HERB LEE	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTINE MATSUDA	SECRETARY	1.00	Officer Director	$0	$0	$0
KEONI LEE	TREASURER	1.00	Officer Director	$0	$0	$0
BRIAN DOTE	DIRECTOR	1.00	Director	$0	$0	$0
MIKI TOMITA	EXECUTIVE DI	40.00	Officer	$143,576	$15,300	$158,876

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	$702,059	$772,128	$381,071	$-70,069
2023	$427,801	$649,671	$446,776	$-221,870
2022	$910,061	$750,930	$519,921	$159,131
2022	$564,965	$366,784	$684,200	$198,181
2021	$545,900	$423,696	$367,483	$122,204
2020	$496,052	$414,645	$212,861	$81,407
2019	$366,125	$378,205	$104,669	$-12,080
2018	$501,408	$384,742	$116,666	$116,666

THE EDUCATION INCUBATOR