THE CHILDREN'S EDUCATION INITIATIVE (EIN 843154132) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

MICHAEL HEARNE

Phone

8582003830

Tax Period

2023-01-01 to 2023-12-31

THE CHILDREN'S EDUCATION INITIATIVE, founded in 2019, is a community nonprofit in the Education sector that reported $4.8M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $3.4M, a strong 72% operating margin.

Mission

THE CHILDREN'S EDUCATION INITIATIVE (TCEI) IS DEDICATED TO IMPROVING THE QUALITY OF EDUCATION FOR SOCIOECONOMICALLY DISADVANTAGED CHILDREN.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $51,000

Program Service Revenue $0

Investment Income $4,731,386

Other Revenue $0

TOTAL REVENUE $4,782,386

Expense Breakdown

Grants Paid $1,000,000

Salaries & Benefits $231,162

Fundraising Expenses $0

Program Expenses $1,244,796

Other Expenses $116,268

TOTAL EXPENSES $1,347,430

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,782,386	$5,401,108	-0.1%
Expenses	$1,347,430	$43,309	+30.1%
Net Income	$3,434,956	$5,357,799	-0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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
AARON DAVIS	DIRECTOR	5.00	Director	$0	$0	$0
CRAIG JOHNSON	DIRECTOR	5.00	Director	$0	$0	$0
ANDREW MCDONALD	DIRECTOR	5.00	Director	$0	$0	$0
RODERICK WONG	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN TANG	CEO, CHAIRMAN OF THE BOARD	10.00	Officer Director	$0	$0	$0
MICHAEL HEARNE	CFO, TREASURER & SECRETARY	10.00	Officer	$0	$0	$0
AJ YATES	DIRECTOR, PROGRAMS	40.00	Highest	$162,941	$4,704	$167,645

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	$4,782,386	$1,347,430	$105,675,647	$3,434,956
2022	$5,401,108	$43,309	$105,424,764	$5,357,799
2021	$2,334,961	$33,460	$98,754,305	$2,301,501
2020	$53,653,261	$782,163	$94,480,464	$52,871,098
2019	$39,529,474	$87,379	$44,543,800	$39,442,095

THE CHILDREN'S EDUCATION INITIATIVE