GET OUT AND LEARN SOMETHING INC

EIN: 820913004 501(c)(3) Education

Homewood, IL

Total Revenue
$2,300
Total Expenses
$950
Total Assets
$1,350
Net Assets
$1,350
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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
2017
Legal Domicile
IL
Principal Officer
Omari
Phone
6306643079
Tax Period
2019-01-01 to 2019-12-31

GET OUT AND LEARN SOMETHING INC, founded in 2017, is a micro nonprofit in the Education sector that reported $2K in total revenue in fiscal year 2019. Revenue surged 1050% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1K, a strong 59% operating margin.

Mission

G.O.A.L.S. strives to be a catalyst for change in the lives of at-risk and underprivileged youth ages 8-18, who live the in the Chicagoland area; by providing them with interactions and experiences that foster hope.

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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 (2019)

Revenue Breakdown

Contributions & Grants $2,300
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $950
Other Expenses $950
TOTAL EXPENSES $950

Year-over-Year Comparison

2019 2018 Change
Revenue $2,300 $200 +10.5%
Expenses $950 N/A N/A
Net Income $1,350 $200 +5.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Omari Davis Executive Officer 15
Officer
$0 $0 $0
Joy Davis Secretary 10
Officer
$0 $0 $0
Jaqueline Eaton Director 1
Officer
$0 $0 $0
Jacques Davis Director 1
Officer
$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
2019 $2,300 $950 $1,350 $1,350
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