THREEFOLD EDUCATION ASSOCIATION INC (EIN 833907147) - 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

2019

Legal Domicile

Principal Officer

CHARISSA MITCHELL

Phone

7172203320

Tax Period

2024-07-01 to 2025-06-30

THREEFOLD EDUCATION ASSOCIATION INC, founded in 2019, is a small nonprofit in the Education sector that reported $530K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $97K, a strong 18% operating margin.

Mission

THE ORGANIZATION OPERATES TO LAUNCH AND GOVERN BOTH PRIVATE SCHOOLS AND HOMESCHOOL COOPERATIVES AS WELL AS OCCASIONALLY RAISING FUNDS FOR AND MAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $254,048

Program Service Revenue $275,903

Investment Income $0

Other Revenue $105

TOTAL REVENUE $530,056

Expense Breakdown

Grants Paid $102,823

Salaries & Benefits $249,771

Fundraising Expenses $97

Program Expenses $350,761

Other Expenses $80,690

TOTAL EXPENSES $433,284

Year-over-Year Comparison

	2024	2023	Change
Revenue	$530,056	$729,886	-0.3%
Expenses	$433,284	$325,101	+0.3%
Net Income	$96,772	$404,785	-0.8%

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

$48,927

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE CLYMER	VICE CHAIR	5.00	Officer Director	$0	$0	$0
NATHAN IMBODEN	TREASURER	2.00	Officer Director	$0	$0	$0
CHARLES F MITCHELL	PRESIDENT & CEO	5.00	Officer Director	$0	$0	$0
AARON ANDERSON	CHAIRMAN	2.00	Officer Director	$0	$0	$0
CHARISSA MITCHELL	CFO/COO SECRETARY	40.00	Officer	$48,927	$0	$48,927
TIMOTHY CLYMER	ASSIST. SEC./TREAS.	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
2025	$530,056	$433,284	$721,326	$96,772
2024	$729,886	$325,030	$624,555	$404,856
2023	$269,373	$230,424	$219,699	$38,949
2022	$257,860	$140,629	$180,750	$117,231
2021	$228,451	$212,215	$63,519	$16,236

THREEFOLD EDUCATION ASSOCIATION INC