Teach Access (EIN 861697668) - 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

2021

Legal Domicile

Principal Officer

Kate Sonka

Phone

3369300140

Tax Period

2024-01-01 to 2024-12-31

Teach Access, founded in 2021, is a small nonprofit in the Youth Development sector that reported $552K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 90% operating deficit.

Mission

Bringing together industry, education, and disability advocacy organizations, Teach Access addresses the digital accessibility skills gap by equipping learners to build toward an inclusive world.

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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 $533,126

Program Service Revenue $0

Investment Income $18,650

Other Revenue $0

TOTAL REVENUE $551,776

Expense Breakdown

Grants Paid $132,200

Salaries & Benefits $411,253

Fundraising Expenses $178,278

Program Expenses $776,926

Other Expenses $504,869

TOTAL EXPENSES $1,048,322

Year-over-Year Comparison

	2024	2023	Change
Revenue	$551,776	$890,303	-0.4%
Expenses	$1,048,322	$907,655	+0.2%
Net Income	$-496,546	$-17,352	+27.6%

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

$118,485

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Katharine Sonka	Executive Director	040.00	Officer	$109,441	$9,044	$118,485
Sean Keegan	Treasurer	002.00	Officer Director	$0	$0	$0
Meena Das	Vice Chair	002.00	Officer Director	$0	$0	$0
Yasmine Elglaly	Secretary	001.00	Officer Director	$0	$0	$0
Laura Allen	Chair	002.00	Officer Director	$0	$0	$0
Jeff Wieland	Member	000.50	Director	$0	$0	$0
Larry Goldberg	Member	001.00	Director	$0	$0	$0
Regine Gilbert	Member	000.50	Director	$0	$0	$0
Lainey Feingold	Member	000.50	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	$551,776	$1,048,322	$767,276	$-496,546
2023	$890,303	$907,655	$1,243,824	$-17,352
2022	$1,139,556	$853,935	$1,240,220	$285,621
2021	$1,420,178	$477,792	$967,085	$942,386

Teach Access