RED APPLE EDCO (EIN 834315545) - 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

MARQUIA TURNES

Phone

9133350157

Tax Period

2023-01-01 to 2023-12-31

RED APPLE EDCO, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $321K in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $302K left a modest 6% surplus.

Mission

WE WORK WITH SCHOOL DISTRICTS AND STAKEHOLDERS TO ELEVATE MARGINALIZED PARENT VOICES, BUILD PARENT COMMUNITY, MITIGATE SDOHS AND CLOSE THE OPPORTUNITY GAP SO THAT CHILDREN IN POVERTY CAN THRIVE

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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 $229,800

Program Service Revenue $91,000

Investment Income $61

Other Revenue $596

TOTAL REVENUE $321,457

Expense Breakdown

Grants Paid $45,388

Salaries & Benefits $165,962

Fundraising Expenses $0

Program Expenses $5,700

Other Expenses $90,496

TOTAL EXPENSES $301,846

Year-over-Year Comparison

	2023	2022	Change
Revenue	$321,457	$189,011	+0.7%
Expenses	$301,846	$120,730	+1.5%
Net Income	$19,611	$68,281	-0.7%

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

N/A

Independent Members

N/A

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

$45,046

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARQUIA TURNER	EXECUTIVE DIRECTOR	60.00	Highest	$92,678	$0	$92,678
HUGH TURNER	CEO	35.00	Officer	$45,046	$0	$45,046
DAVINA HUGHES	BOARD SECECRETARY	10.00	Officer	$0	$0	$0
YASMIN KIRKWOOD	TREASURER	10.00	Officer	$0	$0	$0
LISA BENSON	PRESIDENT	10.00	Officer	$0	$0	$0
DANAE BOWEN	BOARD MEMBER	10.00	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
2023	$321,457	$301,846	$19,611	$19,611

RED APPLE EDCO