STUDENTS PREPARED TO SUCCEED

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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

MAGDY RABEAA

Phone

6513031958

Tax Period

2023-07-01 to 2024-06-30

STUDENTS PREPARED TO SUCCEED, founded in 2018, is a small nonprofit in the Education sector that reported $540K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $602K exceeded revenue, resulting in a 12% operating deficit.

Mission

OUR MISSION IS TO PARTNER WITH INDIVIDUALS, SCHOOLS, AND ORGANIZATIONS TO LEAD SCHOOLS THAT ARE 1) DESIGNED ON EVIDENCE-BASED RESEARCH AND BEST PRACTICES AND ALSO WHERE WE RESEARCH NEW INNOVATIVE MODELS 2) PLACES WHERE SERVICES ARE PROVIDED IN A COST-EFFECTIVE MANNER, AND 3) ORGANIZATIONS WHERE STUDENTS ARE SUCCESSFUL LEARNERS AND ON A PATH TO BE ACTIVE AND EFFECTIVE CITIZENS.

Program Service Accomplishments

Program 1

Expenses: $468,638 Revenue: $539,500

STUDENTS PREPARED TO SUCCEED CHAMPIONS THE ADVANCEMENT OF PARTNER CHARTER SCHOOLS BY PROVIDING SUPPORT ACROSS VARIOUS OPERATIONAL AND EDUCATIONAL FACETS. BY FOSTERING CLOSE COLLABORATIONS WITH SCHOOL BOARDS, WE ENHANCE TEACHER TRAINING, PROMOTE EFFECTIVE STAFF RETENTION AND RECRUITMENT STRATEGIES, STUDENT ENROLLMENT, AND UPHOLD HIGH ACADEMIC STANDARDS. ADDITIONALLY, OUR COMMITMENT EXTENDS TO SECURING NECESSARY FUNDING THROUGH ADEPT GRANT WRITING AND ENSURING ROBUST FINANCIAL MANAGEMENT. THIS MULTIFACETED APPROACH UNDERPINS OUR GOAL OF CREATING EDUCATIONAL ENVIRONMENTS WHERE STUDENTS ARE WELL-PREPARED TO SUCCEED.

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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 $0

Program Service Revenue $539,500

Investment Income $16

Other Revenue $0

TOTAL REVENUE $539,516

Expense Breakdown

Grants Paid $0

Salaries & Benefits $238,804

Fundraising Expenses $0

Program Expenses $468,638

Other Expenses $363,083

TOTAL EXPENSES $601,887

Year-over-Year Comparison

	2023	2022	Change
Revenue	$539,516	$1,580,272	-0.7%
Expenses	$601,887	$1,260,358	-0.5%
Net Income	$-62,371	$319,914	-1.2%

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

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

$136,145

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KURT LIEBERMAN	BOARD CHAIR	3.50	Officer Director	$0	$0	$0
MARWA SALAM	TREASURER	2.00	Officer Director	$0	$0	$0
GRANT ABBOTT	DIRECTOR	2.00	Director	$0	$0	$0
MAGDY RABEAA	EXECUTIVE DIRECTOR	40.00	Officer	$126,854	$9,291	$136,145

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	$539,516	$601,887	$388,951	$-62,371
2023	$1,580,272	$1,260,358	$519,702	$319,914
2022	$682,759	$593,122	$233,849	$89,637
2021	$386,582	$284,028	$121,320	$102,554
2020	$251,557	$264,838	$55,019	$-13,281
2019	$171,307	$254,687	$14,086	$-83,380