GEM PREP ONLINE LLC (EIN 834122757) - 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

DENNIS TURNER

Phone

8008715057

Tax Period

2023-07-01 to 2024-06-30

GEM PREP ONLINE LLC, founded in 2019, is a community nonprofit in the Education sector that reported $6.5M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $5.7M left a modest 12% surplus.

Mission

To prepare students for success in college and professional technical careers by providing a high quality, personalized, relevant and rigorous education through exceptional teaching, innovative uses of technology and partnerships with families.

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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 $4,756,114

Program Service Revenue $1,555,951

Investment Income $184,687

Other Revenue $0

TOTAL REVENUE $6,496,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,503,026

Fundraising Expenses $0

Program Expenses $1,879,823

Other Expenses $1,235,690

TOTAL EXPENSES $5,738,716

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,496,752	$4,788,325	+0.4%
Expenses	$5,738,716	$5,038,817	+0.1%
Net Income	$758,036	$-250,492	-4.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON BRANSFORD	DIRECTOR	5.00		$169,159	$0	$169,159
BRYAN FLETCHER	CFO	5.00		$126,250	$0	$126,250
DENNIS TURNER	Chairman	1.00	Officer Director	$0	$0	$0
BARB FEMREITE	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
MASON HARPER	BOARD MEMBER	1.00	Director	$0	$0	$0
DUNCAN ROBB	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT LEE	BOARD MEMBER	1.00	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
2025	No data	No data	No data	No data
2024	$6,496,752	$5,738,716	$6,318,230	$758,036
2023	$4,788,325	$5,038,817	$5,394,161	$-250,492
2022	$4,536,415	$4,302,032	$5,628,996	$234,383
2021	$5,969,398	$4,488,159	$5,406,786	$1,481,239
2020	$7,543,274	$3,795,729	$4,275,603	$3,747,545

GEM PREP ONLINE LLC