THE COLERIDGE INITIATIVE INC (EIN 830963735) - 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

AHU YILDIRMAZ

Phone

9293793239

Tax Period

2023-01-01 to 2023-12-31

THE COLERIDGE INITIATIVE INC, founded in 2018, is a mid-sized nonprofit in the Education sector that reported $10.1M in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $9.7M left a modest 3% surplus.

Mission

EDUCATING GOVERNMENT OFFICIALS, RESEARCHERS, AND PUBLIC CITIZENS TO USE DATA FOR SOCIAL GOOD, PROVIDING SERVICES AND ALLEVIATING GOVERMENTAL BURDENS BY STORING, LINKING, AND ANALYZING SENSITIVE DATA, AND FURTHERING OF SCIENCE THROUGH PUBLICALLY AVAILABLE RESEARCH.

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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 $7,185,459

Program Service Revenue $2,860,419

Investment Income $0

Other Revenue $14,901

TOTAL REVENUE $10,060,779

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,761,408

Fundraising Expenses $0

Program Expenses $7,052,174

Other Expenses $4,972,394

TOTAL EXPENSES $9,733,802

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,060,779	$5,660,169	+0.8%
Expenses	$9,733,802	$8,647,110	+0.1%
Net Income	$326,977	$-2,986,941	-1.1%

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

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

$772,226

Total Directors

$472,903

Key Employees

$552,469

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZAHIDE YILDIRMAZ	PRESIDENT AND CHEIF EXECUT	50.00	Officer Director	$426,039	$46,864	$472,903
FRAUKE KREUTER	BOARD MEMBER	1.00	Director	$0	$0	$0
RAYID GHANI	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE HOLLAND	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT GEORGE	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID RAMSAY	BOARD MEMBER	1.00	Director	$0	$0	$0
EVAN ABSHER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK ZANDI	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFFREY THOMSON	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN NEE	CHIEF FINANCIAL OFFICER	50.00	Officer	$257,071	$42,252	$299,323
NATHAN BARRETT	VP OF PROGRAMS AND DEVELOP	50.00	Key Emp	$276,845	$38,595	$315,440
BRIJESH SINGH	DIRECTOR OF TECHNOLOGY INN	50.00	Key Emp	$236,624	$405	$237,029
JESSICA CUNNINGHAM	VP OF STATE PROGRAMS	50.00	Highest	$178,750	$5,735	$184,485
DIDIER LEGROS	SENIOR SOFTWARE ENGINEER	50.00	Highest	$198,101	$33,628	$231,729
JOHNATHAN MILLS	DIRECTOR OF DATA ENCLAVE P	50.00	Highest	$159,390	$22,785	$182,175
KATE LEE-MCCARTHY	DIRECTOR OF FINANCE AND STRATEGIC PLANNING	50.00	Highest	$154,650	$3,065	$157,715
JOHN BAPTISTA	SYSTEMS ENGINEER	50.00	Highest	$150,750	$30,173	$180,923
MAHESH SAHORE	FORMER CHIEF TECHNOLOGY OFFICER	50.00		$294,518	$18,563	$313,081

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	No data	No data	No data	No data
2023	$10,060,779	$9,733,802	$7,742,571	$326,977
2022	$5,660,169	$8,647,110	$5,983,067	$-2,986,941
2021	$10,132,934	$7,280,689	$7,309,753	$2,852,245
2020	$6,085,144	$2,901,687	$3,677,745	$3,183,457

THE COLERIDGE INITIATIVE INC