VITA EDUCATION FOUNDATION

EIN: 853371855 501(c)(3)

PHOENIX, AZ

Total Revenue
$389,089
Total Expenses
$340,644
Total Assets
$124,548
Net Assets
$100,773
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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
AZ
Phone
6028289218
Tax Period
2024-01-01 to 2024-12-31

VITA EDUCATION FOUNDATION, founded in 2020, is a small nonprofit that reported $389K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $341K left a modest 12% surplus.

Mission

VITA IS AN INNOVATIVE MICRO HIGH SCHOOL MODEL AND NONPROFIT FOCUSED ON DREAM ACHIEVEMENT, PRACTICAL LIFE SKILLS, COMPASSION. MISSION: TO EMPOWER YOUNG ADULTS TO PREPARE FOR LIFE AND REALIZE THEIR DREAMS NOW, USING THE BEST PRACTICES FROM AROUND THE WORLD. VISION: A WORLD WHERE ALL PEOPLE ARE PREPARED FOR LIFE, EMPOWERED TO REALIZE THEIR DREAMS, AND COMPASSIONATELY SERVE OTHERS.

Program Service Accomplishments

Program 1
Expenses: $230,691

Graduating students from high school. Paying Teachers

Program 2
Expenses: $52,513

All items listed on part IX part B expenses to support/facilitate student learning

Program 3
Expenses: $38,886

Having a facility for our students. Shared church space

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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 (2024)

Revenue Breakdown

Contributions & Grants $31,462
Program Service Revenue $357,627
Investment Income $0
Other Revenue $0
TOTAL REVENUE $389,089

Expense Breakdown

Grants Paid $0
Salaries & Benefits $234,164
Fundraising Expenses $0
Program Expenses $340,644
Other Expenses $106,480
TOTAL EXPENSES $340,644

Year-over-Year Comparison

2024 2023 Change
Revenue $389,089 $226,907 +0.7%
Expenses $340,644 $239,835 +0.4%
Net Income $48,445 $-12,928 -4.7%
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

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Governance

Voting Members
1
Independent Members
N/A
Employees
9
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
1
$72,532
Total Directors
1
$72,532
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW LEE CEO 50.00
Officer Director
$72,532 $0 $72,532
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 $389,089 $340,644 $124,548 $48,445
2024 No data No data No data No data
2023 $226,907 $239,835 $107,766 $-12,928
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