CREATING ALTERNATIVE REASONS TO EXCEL INC

EIN: 842993200 501(c)(3) Education

Cincinnati, OH

Total Revenue
$331,612
Total Expenses
$287,741
Total Assets
$53,619
Net Assets
$53,619
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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
OH
Principal Officer
ROCHELLE BANKHEAD
Tax Period
2023-01-01 to 2023-12-31

CREATING ALTERNATIVE REASONS TO EXCEL INC, founded in 2019, is a small nonprofit in the Education sector that reported $332K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $288K left a modest 13% surplus.

Mission

PROVIDE TUTORING & MEALS FOR AT RISK CHILDREN

Program Service Accomplishments

Program 1
Expenses: $287,741

To engage in providing tutoring and meals to disadvantaged students. During tax year 2022 Creative Alternative Reasons TO Excel was able to fully engage in services. The Company was able to provide...

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To engage in providing tutoring and meals to disadvantaged students. During tax year 2022 Creative Alternative Reasons TO Excel was able to fully engage in services. The Company was able to provide meals and tutoring throughout the entirety of the school year.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $331,612
Investment Income $0
Other Revenue $0
TOTAL REVENUE $331,612

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,051
Fundraising Expenses $0
Program Expenses $287,741
Other Expenses $231,690
TOTAL EXPENSES $287,741

Year-over-Year Comparison

2023 2022 Change
Revenue $331,612 $349,099 -0.1%
Expenses $287,741 $347,233 -0.2%
Net Income $43,871 $1,866 +22.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROCHELLE BANKHEAD PRESIDENT 40.00
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 $331,612 $287,741 $53,619 $43,871
2022 $349,099 $347,233 $9,748 $1,866
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