PEGASUS SPRINGS EDUCATION COLLECTI… - Form 990 Financial Data

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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

2019

Legal Domicile

Principal Officer

LORRAINE MARTIN

Phone

9786649222

Tax Period

2023-01-01 to 2023-12-31

PEGASUS SPRINGS EDUCATION COLLECTIVE INC, founded in 2019, is a micro nonprofit that reported $95K in total revenue in fiscal year 2023. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $87K left a modest 9% surplus.

Mission

CONNECTING AND SUPPORTING EDUCATORS, STUDENTS, COMMUNITIES, AND ORGANIZATIONS, TO CONTINUOUSLY NURTURE EFFECTIVE LEARNING CULTURE FOR THE ENTIRE EDUCATIONAL

Program Service Accomplishments

Program 1

Expenses: $45,613 Revenue: $0

THE ORGANIZATIONS PRIMARY PROGRAM SERVICE IS TO CONNECT STUDENTS WITH EDUCATORS

Program 2

Expenses: $19,550 Revenue: $0

THE ORGANIZATION ALSO SUPPORTS EDUCATORS WITH TRAINING AND COLLABORATION

Program 3

Expenses: $9,429 Revenue: $0

THE ORGANIZATION ALSO PROVIDES OPPORTUNITIES FOR PARENTS TO COLLABORATE WITH EDUCATORS

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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 $95,106

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $95,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $74,592

Other Expenses $86,713

TOTAL EXPENSES $86,713

Year-over-Year Comparison

	2023	2022	Change
Revenue	$95,106	$386,854	-0.8%
Expenses	$86,713	$407,993	-0.8%
Net Income	$8,393	$-21,139	-1.4%

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

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
CRAIG MARTIN	PRESIDENT	2.00	Officer	$0	$0	$0
LORRAINE MARTIN	VICE PRESIDENT	2.00	Officer	$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	No data	No data	No data	No data
2023	$95,106	$86,713	$16,504	$8,393
2022	$386,854	$407,993	$8,617	$-21,139
2021	$162,946	$162,652	$30,015	$294
2020	$234,424	$243,071	$29,105	$-8,647
2019	$496,883	$459,131	$95,483	$37,752

PEGASUS SPRINGS EDUCATION COLLECTIVE INC