Advancing Equity Coalition

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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

2022

Legal Domicile

Phone

9202057877

Tax Period

2022-01-01 to 2022-12-31

Advancing Equity Coalition, founded in 2022, is a small nonprofit in the Education sector that reported $715K in total revenue in fiscal year 2022. The organization ran a surplus of $344K, a strong 48% operating margin.

Mission

Develop a coalition of stakeholders (parents, students and MPS employees) to work with and hold accountable Minneapolis Public Schools to eliminate institutional racism in the system.

Program Service Accomplishments

Program 1

Expenses: $272,819

Advancing Equity Coalition worked on securing teacher of color protections from layoff and excessing in Minneapolis Public Schools (MPS). We also focused on School Board education awareness and issue...

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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 (2022)

Revenue Breakdown

Contributions & Grants $713,548

Program Service Revenue $0

Investment Income $1,598

Other Revenue $0

TOTAL REVENUE $715,146

Expense Breakdown

Grants Paid $1,683

Salaries & Benefits $293,261

Fundraising Expenses $38,144

Program Expenses $272,819

Other Expenses $76,305

TOTAL EXPENSES $371,249

Year-over-Year Comparison

	2022	2021	Change
Revenue	$715,146	N/A	N/A
Expenses	$371,249	N/A	N/A
Net Income	$343,897	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

Governance

Voting Members

Independent Members

N/A

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

$105,706

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth Eban	Executive Dir.	40.00	Officer	$105,706	$0	$105,706
Julia Freeman	Chairman	1.00	Officer Director	$0	$0	$0
Kyrra Rankine	Vice President	1.00	Officer Director	$0	$0	$0
Sara Spafford Freeman	Treasurer	1.00	Officer 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
2022	$715,146	$371,249	$345,769	$343,897