Everlasting Education Inc

EIN: 853083094 501(c)(3) Education

Los Angeles, CA

Total Revenue
$376,802
Total Expenses
$338,264
Total Assets
$79,259
Net Assets
$78,910
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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
CA
Principal Officer
Michael Galano
Phone
2137732951
Tax Period
2023-08-01 to 2024-07-31

Everlasting Education Inc, founded in 2020, is a small nonprofit in the Education sector that reported $377K in total revenue in fiscal year 2023. Expenses of $338K left a modest 10% surplus.

Mission

to provide meaningful educational experiences to students of all ages, primarily in the outdoors, with a focus on environmental and cultural studies. Everlasting Education operates a private elementary school, an after school enrichment program, and summer camp for students ages 5 - 10.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $57,738
Program Service Revenue $319,064
Investment Income $0
Other Revenue $0
TOTAL REVENUE $376,802

Expense Breakdown

Grants Paid $102
Salaries & Benefits $248,060
Fundraising Expenses $1,763
Program Expenses $300,367
Other Expenses $90,102
TOTAL EXPENSES $338,264

Year-over-Year Comparison

2023 2022 Change
Revenue $376,802 N/A N/A
Expenses $338,264 N/A N/A
Net Income $38,538 N/A N/A
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

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Governance

Voting Members
6
Independent Members
5
Employees
10
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
3
$75,273
Total Directors
6
$75,273
Key Employees
1
$75,273
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cassidy Bartolomei Chair 1.00
Director
$0 $0 $0
Nancy Kaase Secretary 1.00
Officer Director
$0 $0 $0
Chequamego Bollinger Treasurer 1.00
Officer Director
$0 $0 $0
Jon Thornham Board Member 1.00
Director
$0 $0 $0
Michael Galano Board Member/Executive Director 40.00
Officer Director Key Emp
$75,273 $0 $75,273
Anna Hasbun Board Member 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 $376,802 $338,264 $79,259 $38,538
2023 $264,738 $223,505 $40,389 $41,233
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