Achievement Lab Enrichment Inc (EIN 823194646) - 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

2017

Legal Domicile

Principal Officer

Melissa Medina

Phone

7188417652

Tax Period

2023-01-01 to 2023-12-31

Achievement Lab Enrichment Inc, founded in 2017, is a small nonprofit in the Youth Development sector that reported $532K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $457K left a modest 14% surplus.

Mission

The organizations purpose is to provide curriculum-based out-of-school time opportunities for at-risk children to be engaged in enrichment areas and supported in academic disciplines.

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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 (2023)

Revenue Breakdown

Contributions & Grants $532,123

Program Service Revenue $0

Investment Income $0

Other Revenue $4

TOTAL REVENUE $532,127

Expense Breakdown

Grants Paid $700

Salaries & Benefits $431,746

Fundraising Expenses $0

Program Expenses $443,107

Other Expenses $24,510

TOTAL EXPENSES $456,956

Year-over-Year Comparison

	2023	2022	Change
Revenue	$532,127	$355,110	+0.5%
Expenses	$456,956	$350,488	+0.3%
Net Income	$75,171	$4,622	+15.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeffrey Veras	President	004.00	Officer Director	$0	$0	$0
Jamie Colon	Treasurer	004.00	Officer Director	$0	$0	$0
Yessica De Leon	Secretary	004.00	Officer 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
2023	$532,127	$456,956	$79,561	$75,171
2022	$355,110	$350,488	$4,390	$4,622

Achievement Lab Enrichment Inc