ACCELERATE EDUCATION GROUP (EIN 845112751) - 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

2020

Legal Domicile

Principal Officer

CHARLES WOODRUFF

Phone

8053772391

Tax Period

2023-01-01 to 2023-12-31

ACCELERATE EDUCATION GROUP, founded in 2020, is a small nonprofit in the Youth Development sector that reported $276K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $113K, a strong 41% operating margin.

Mission

TO SUPPORT AND CULTIVATE YOUTH FROM UNDERSERVED COMMUNITIES BY PROVIDING POSITIVE MENTORSHIP AND WORKFORCE DEVELOPMENT WITHIN THE AUTOMOTIVE INDUSTRY.

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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 $267,969

Program Service Revenue $0

Investment Income $0

Other Revenue $8,097

TOTAL REVENUE $276,066

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,111

Fundraising Expenses $30,300

Program Expenses $117,264

Other Expenses $131,916

TOTAL EXPENSES $163,027

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,066	$228,008	+0.2%
Expenses	$163,027	$115,009	+0.4%
Net Income	$113,039	$112,999	+0.0%

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
CHARLES WOODRUFF	PRESIDENT	40.00	Officer Director	$0	$0	$0
VICTOR CARILLO	DIRECTOR	1.00	Director	$0	$0	$0
YVONNE NEGRETTE	SECRETARY	30.00	Officer Director	$0	$0	$0
BRIAN COUSINO	TREASURER	1.00	Officer Director	$0	$0	$0
PAUL EKSTRAND	DIRECTOR	1.00	Director	$0	$0	$0
ISREAL SANTIAGO	DIRECTOR	1.00	Director	$0	$0	$0
NICOLLETTE DANIEL	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$276,066	$163,027	$272,780	$113,039
2022	$228,008	$115,009	$173,698	$112,999

ACCELERATE EDUCATION GROUP