CAREERRISE INC (EIN 870904286) - 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

JOHN HELTON

Phone

4042827970

Tax Period

2024-01-01 to 2024-12-31

CAREERRISE INC, founded in 2021, is a community nonprofit in the Employment sector that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 80% operating deficit.

Mission

EXPAND ACCESS TO OPPORTUNITIES & RESOURCES TO SUPPORT SKILLED WORKERS & STRENGTHEN COMMUNITIES.

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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 $951,130

Program Service Revenue $1,460,119

Investment Income $12,163

Other Revenue $12,839

TOTAL REVENUE $2,436,251

Expense Breakdown

Grants Paid $324

Salaries & Benefits $1,713,556

Fundraising Expenses $144,045

Program Expenses $3,657,363

Other Expenses $2,673,759

TOTAL EXPENSES $4,387,639

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,436,251	$5,795,201	-0.6%
Expenses	$4,387,639	$3,025,108	+0.5%
Net Income	$-1,951,388	$2,770,093	-1.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

207

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

$149,507

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETH LOWRY	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
TERRI BLOCK	VICE CHAIR	1.00	Officer Director	$0	$0	$0
AMY LANCASTER-KING	TREASURER & INTERNAL AFFAIRS CHAIR	1.00	Officer Director	$0	$0	$0
GENEVA HALL-SHELTON	EXTERNAL AFFAIRS CHAIR	1.00	Director	$0	$0	$0
ANN CRAMER	GOVERNANCE CHAIR	1.00	Director	$0	$0	$0
ADRIANA LAWTON	BOARD DIRECTOR	1.00	Director	$0	$0	$0
CHRIS PUMPHREY	BOARD DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER BURKE	BOARD DIRECTOR	1.00	Director	$0	$0	$0
DAVE WILLIAMS	BOARD DIRECTOR	1.00	Director	$0	$0	$0
ELOISA KLEMENTICH	BOARD DIRECTOR	1.00	Director	$0	$0	$0
FRANK FERNANDEZ	BOARD DIRECTOR	1.00	Director	$0	$0	$0
KAREN LEONE DE NIE	BOARD DIRECTOR	1.00	Director	$0	$0	$0
LABRIAH LEE HOLT	BOARD DIRECTOR	1.00	Director	$0	$0	$0
MARIANNA LOVE	BOARD DIRECTOR	1.00	Director	$0	$0	$0
MILTON J LITTLE JR	BOARD DIRECTOR	1.00	Director	$0	$0	$0
PATRICK SMITH	BOARD DIRECTOR	1.00	Director	$0	$0	$0
STEWART WILLIAMS	BOARD DIRECTOR	1.00	Director	$0	$0	$0
SUGANTHI SIMON	BOARD DIRECTOR	1.00	Director	$0	$0	$0
WALT FARRELL	BOARD DIRECTOR	1.00	Director	$0	$0	$0
BRIAN TERRY	BOARD DIRECTOR	1.00	Director	$0	$0	$0
PATRICK MOORE	BOARD DIRECTOR	1.00	Director	$0	$0	$0
JOHN HELTON	EXECUTIVE DIRECTOR	40.00	Officer	$143,130	$6,377	$149,507

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	$2,436,251	$4,387,639	$2,761,214	$-1,951,388
2023	$5,795,201	$3,025,108	$4,971,925	$2,770,093
2022	$1,594,049	$39,948	$1,603,967	$1,554,101

CAREERRISE INC