COLORSTACK INC (EIN 851248712) - 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

JEHRON PETTY

Phone

5163620474

Tax Period

2024-07-01 to 2025-06-30

COLORSTACK INC, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

COLORSTACK'S MISSION IS TO INCREASE THE NUMBER OF BLACK AND LATINX COMPUTER SCIENCE GRADUATES THAT GO ON TO LAUNCH REWARDING TECHNICAL CAREERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,982,474

Program Service Revenue $0

Investment Income $54,918

Other Revenue $-2,560

TOTAL REVENUE $2,034,832

Expense Breakdown

Grants Paid $318,500

Salaries & Benefits $905,078

Fundraising Expenses $235,957

Program Expenses $1,653,432

Other Expenses $854,794

TOTAL EXPENSES $2,078,372

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,034,832	$1,342,260	+0.5%
Expenses	$2,078,372	$1,874,834	+0.1%
Net Income	$-43,540	$-532,574	-0.9%

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

$197,374

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAQUEL ROMANO	SECRETARY	0.50	Officer Director	$0	$0	$0
WAHAB OWOLABI	TREASURER	0.50	Officer Director	$0	$0	$0
MAKINDE ADEAGBO	DIRECTOR	0.50	Director	$0	$0	$0
KAVITA BALA	DIRECTOR	0.50	Director	$0	$0	$0
COREY TWITTY	DIRECTOR	0.50	Director	$0	$0	$0
DALE ALLSOPP	DIRECTOR	0.50	Director	$0	$0	$0
TOM ERICKSON	DIRECTOR	0.50	Director	$0	$0	$0
JEHRON PETTY	CHIEF EXECUTIVE OFFICER	40.00	Officer	$185,000	$12,374	$197,374
RAMI ABDOU	HEAD OF ENGINEERING	40.00	Highest	$158,278	$4,748	$163,026
STEPHANIE MCCARTER-DADZIE	CHIEF OF STAFF	40.00	Highest	$124,229	$13,544	$137,773

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
2025	$2,034,832	$2,078,372	$2,188,923	$-43,540
2024	$1,342,260	$1,874,834	$1,767,581	$-532,574
2023	$2,204,104	$1,384,345	$2,391,646	$819,759
2022	$1,348,576	$719,840	$1,564,979	$628,736
2021	$833,470	$264,234	$627,024	$569,236

COLORSTACK INC