SPECTRUM GROWTH INC (EIN 863103724) - 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

Thomas F Babb

Phone

4402442200

Tax Period

2024-01-01 to 2024-12-31

SPECTRUM GROWTH INC, founded in 2021, is a community nonprofit in the Human Services sector that reported $5.3M in total revenue in fiscal year 2024.

Mission

To provide an environment that fosters excellence, social-emotional growth, and healthy development to ensure that all students are prepared to take on the unique challenges of the 21st century.

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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 $5,077,988

Program Service Revenue $269,842

Investment Income $0

Other Revenue $495

TOTAL REVENUE $5,348,325

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,866,478

Other Expenses $5,415,660

TOTAL EXPENSES $5,415,660

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,348,325	$5,522,252	0.0%
Expenses	$5,415,660	$5,238,751	+0.0%
Net Income	$-67,335	$283,501	-1.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sarah Smith	Member	0.25	Director	$0	$0	$0
Susan Horan	Member	0.25	Director	$0	$0	$0
Alexander Garrett	President	0.25	Officer	$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
2025	No data	No data	No data	No data
2024	$5,348,325	$5,415,660	$383,865	$-67,335
2023	$5,522,252	$5,238,751	$353,967	$283,501
2022	$4,438,807	$4,425,073	$54,636	$13,734

SPECTRUM GROWTH INC