READY SET GROW INC (EIN 843298276) - 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

RACHEL RAPPAPORT

Phone

7323641999

Tax Period

2022-09-01 to 2023-08-31

READY SET GROW INC, founded in 2019, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $510K, a strong 21% operating margin.

Mission

READY, SET, GROW, INC. WAS FORMED TO ESTABLISH AND OPERATE A HOLISTIC CENTER FOR THE GROWTH AND EMPOWERMENT OF BOTH CHILDREN AND ADULTS TO BECOME THE BEST VERSION OF THEMSELVES, TO ENABLE THEM TO LIVE FULFILLING AND MEANINGFUL LIVES AND TO PROVIDE THE COMMUNITY WITH THE RESOURCES AND SUPPORT NEEDED TO THAT END.

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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 (2022)

Revenue Breakdown

Contributions & Grants $69,079

Program Service Revenue $1,158,459

Investment Income $1,220,381

Other Revenue $0

TOTAL REVENUE $2,447,919

Expense Breakdown

Grants Paid $214,128

Salaries & Benefits $610,856

Fundraising Expenses $0

Program Expenses $1,597,495

Other Expenses $1,112,449

TOTAL EXPENSES $1,937,433

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,447,919	$2,069,560	+0.2%
Expenses	$1,937,433	$2,364,908	-0.2%
Net Income	$510,486	$-295,348	-2.7%

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

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

$244,354

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY RUBIN	BOARD MEMBER	1.00	Director	$0	$0	$0
PINCHOS STERN	BOARD MEMBER	1.00	Director	$0	$0	$0
MEIR PAM	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHEL RAPPAPORT	EXECUTIVE DIRECTOR	45.00	Officer	$193,531	$9,985	$203,516
SHAINA NEMIROVSKY	CHIEF OPERATING OFFICER	40.00	Officer	$40,838	$0	$40,838

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	$2,447,919	$1,937,433	$1,000,340	$510,486
2022	$2,069,560	$2,364,908	$642,727	$-295,348
2021	$2,733,367	$2,212,960	$813,034	$520,407
2020	$1,645,377	$1,425,680	$524,773	$219,697

READY SET GROW INC