MOBILES FOR EDUCATION ALLIANCE

EIN: 852645889 501(c)(3) Education

ARLINGTON, VA

Total Revenue
$85,630
Total Expenses
$193,187
Total Assets
$345,643
Net Assets
$65,244
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Principal Officer
ANTHONY D BLOOME
Phone
6104581420
Tax Period
2023-10-01 to 2024-09-30

MOBILES FOR EDUCATION ALLIANCE, founded in 2020, is a small nonprofit in the Education sector that reported $382K in total revenue in fiscal year 2019. The organization ran a surplus of $91K, a strong 24% operating margin.

Mission

TO ADVANCE WONDROUS LEARNING BY STRENGTHENING THE EDTECH ECOSYSTEM

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $80,175
Program Service Revenue $0
Investment Income $5,455
Other Revenue $0
TOTAL REVENUE $85,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,658
Fundraising Expenses $0
Program Expenses $109,718
Other Expenses $85,529
TOTAL EXPENSES $193,187

Year-over-Year Comparison

2023 2022 Change
Revenue $85,630 $501,187 -0.8%
Expenses $193,187 $389,481 -0.5%
Net Income $-107,557 $111,706 -2.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID FERGUSON CHAIRMAN OF THE BOARD 2.00
Officer
$0 $0 $0
ROSE CARDERELLI GENERAL BOARD MEMBER 2.00
Officer
$0 $0 $0
ANTHONY BLOOME EXECUTIVE DIRECTOR/PRESIDENT 40.00
Highest
$100,000 $0 $100,000
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 $85,630 $193,187 $345,643 $-107,557
2024 $542,554 $202,450 $416,417 $340,104
2023 $501,187 $389,481 $220,894 $111,706
2022 $372,920 $454,071 $116,097 $-81,151
2021 $509,007 $457,465 $147,248 $51,542
2020 $381,742 $291,040 $90,702 $90,702
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