ON RAMPS DBA NEW ORLEANS TECHNICAL EDUCATION PROVIDER (EIN 824600914) - 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

2018

Legal Domicile

Principal Officer

NATHANIEL ADAM BOURNE

Phone

5044087536

Tax Period

2022-08-01 to 2023-07-31

ON RAMPS DBA NEW ORLEANS TECHNICAL EDUCATION PROVIDER, founded in 2018, is a small nonprofit in the Education sector that reported $827K in total revenue in fiscal year 2022. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $153K, a strong 18% operating margin.

Mission

On Ramps mission statement is to produce graduates that go on to become skilled, certified industry workers.

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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 (2022)

Revenue Breakdown

Contributions & Grants $614,538

Program Service Revenue $212,917

Investment Income $0

Other Revenue $0

TOTAL REVENUE $827,455

Expense Breakdown

Grants Paid $0

Salaries & Benefits $298,816

Fundraising Expenses $0

Program Expenses $545,846

Other Expenses $375,972

TOTAL EXPENSES $674,788

Year-over-Year Comparison

	2022	2021	Change
Revenue	$827,455	$451,989	+0.8%
Expenses	$674,788	$433,322	+0.6%
Net Income	$152,667	$18,667	+7.2%

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

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
NATHANIEL ADAM BOURNE	PRESIDENT	40.00		$71,067	$0	$71,067
Kathy Litchfield Grote	Treasurer	0.00	Director	$0	$0	$0
Keith Esquerre	Director	0.00	Director	$0	$0	$0
Tevin Felix	Director	0.00	Director	$0	$0	$0
Todd Reynolds	Chairman	0.00	Director	$0	$0	$0
Laura Smith	Secretary	0.00	Director	$0	$0	$0
Justin Williams	Director	0.00	Director	$0	$0	$0
Michael Robertson	Director	0.00	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	$827,455	$674,788	$343,755	$152,667
2022	$451,989	$433,322	$154,555	$18,667
2021	$349,887	$346,493	$131,916	$3,394
2020	$458,154	$436,648	$41,041	$21,506

ON RAMPS DBA NEW ORLEANS TECHNICAL EDUCATION PROVIDER