Gaining Ground Inc

EIN: 822302781 501(c)(3) Education

Tulsa, OK

Total Revenue
$366,413
Total Expenses
$472,082
Total Assets
$366,388
Net Assets
$366,388
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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
OK
Principal Officer
Lisa Shotts
Phone
9188502062
Tax Period
2023-01-01 to 2023-07-31

Gaining Ground Inc, founded in 2017, is a small nonprofit in the Education sector that reported $366K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $472K exceeded revenue, resulting in a 29% operating deficit.

Mission

Gaining Ground's mission is to develop readers, thinkers, and leaders by providing families with engaging literacy experiences and access to high-interest, culturally responsive books and by providing supplies and support in underserved areas.

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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 (2023)

Revenue Breakdown

Contributions & Grants $366,413
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $366,413

Expense Breakdown

Grants Paid $218,292
Salaries & Benefits $213,281
Fundraising Expenses $0
Program Expenses $454,416
Other Expenses $40,509
TOTAL EXPENSES $472,082

Year-over-Year Comparison

2023 2022 Change
Revenue $366,413 $771,644 -0.5%
Expenses $472,082 $507,160 -0.1%
Net Income $-105,669 $264,484 -1.4%
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
7
Independent Members
7
Employees
57
Volunteers
35

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
7
$97,061
Total Directors
5
$57,634
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Shotts Executive Director 40
Officer Director
$57,634 $0 $57,634
Nikki Vardaman Operations Manager 40
Officer
$24,375 $0 $24,375
Ashley Kirby MacKenzie Assistant Director 15
Officer
$15,052 $0 $15,052
Kyra Carby Member 0.5
Director
$0 $0 $0
Twytinna Gardner Member 0.5
Director
$0 $0 $0
Luisa Krug Member 0.5
Director
$0 $0 $0
Jamie Zink Member 0.5
Director
$0 $0 $0
Rita Long Program Director 1
Officer
$0 $0 $0
Tiffany Robles Director & Cirriculum & Instruction 5
Officer
$0 $0 $0
Lynn Minden President 1
Officer
$0 $0 $0
Shagah Zakerion Treasurer 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $366,413 $472,082 $366,388 $-105,669
2022 $771,644 $507,160 No data $264,484
2021 $454,203 $320,752 No data $133,451
2020 $347,784 $288,877 $260,827 $58,907
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