EARLY LIFE ACADEMY (EIN 823047395) - 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

2009

Legal Domicile

Phone

2159922162

Tax Period

2024-01-01 to 2024-12-31

EARLY LIFE ACADEMY, founded in 2009, is a small nonprofit in the Human Services sector that reported $814K in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $742K left a modest 9% surplus.

Mission

OFFERS SEVERAL PROGRAMS FOR STUDENTS, FAMILIES, COMMUNITIES, PROVIDERS, AND THEIR STAFF. WE WANT TO BRIDGE THE GAP OF COLLECTIVE COLLABORATIONS.

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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 $0

Program Service Revenue $813,565

Investment Income $0

Other Revenue $0

TOTAL REVENUE $813,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $625,373

Fundraising Expenses $0

Program Expenses $742,022

Other Expenses $116,649

TOTAL EXPENSES $742,022

Year-over-Year Comparison

	2024	2023	Change
Revenue	$813,565	$509,408	+0.6%
Expenses	$742,022	$547,440	+0.4%
Net Income	$71,543	$-38,032	-2.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUTH BRIGHT	SECRETARY	0.00	Officer	$0	$0	$0
RELEFORD REAVES	PRESIDENT	0.00	Officer	$0	$0	$0
SUSAN KNOX	BOARD MEMBER	0.00	Officer	$0	$0	$0
HARMONY MISHER	BOARD MEMBER	0.00	Officer	$0	$0	$0
AKIRA BOWIE	BOARD MEMBER	0.00	Officer	$0	$0	$0
DONNA HINES	EXECUTIVE DIRECTOR	40.00	Key Emp	$0	$0	$0
CHARLES HINES	CFO	40.00	Key Emp	$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	$813,565	$742,022	$400,848	$71,543
2023	$509,408	$547,440	$245,816	$-38,032
2022	$598,763	$480,733	$193,731	$118,030
2021	$303,345	$303,345	No data	No data

EARLY LIFE ACADEMY