AMBITION ANGELS

EIN: 872513010 501(c)(3) Education

EAST PALO ALTO, CA

Total Revenue
$961,824
Total Expenses
$1,171,959
Total Assets
$168,680
Net Assets
$102,326
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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
CA
Principal Officer
OLAREMI SOBOMEHIN
Phone
5038035569
Tax Period
2025-01-01 to 2025-12-31

AMBITION ANGELS, founded in 2021, is a small nonprofit in the Education sector that reported $962K in total revenue in fiscal year 2025. Expenses of $1.2M exceeded revenue, resulting in a 22% operating deficit.

Mission

HELPING EQUIP UNDERSERVED TEENS WITH THE SKILLS NEEDED TO THRIVE IN SCHOOL, THEIR CAREERS, AND LIFE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $961,824
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $961,824

Expense Breakdown

Grants Paid $0
Salaries & Benefits $561,626
Fundraising Expenses $195,635
Program Expenses $909,983
Other Expenses $610,333
TOTAL EXPENSES $1,171,959

Year-over-Year Comparison

2025 2024 Change
Revenue $961,824 $946,098 +0.0%
Expenses $1,171,959 $1,016,020 +0.2%
Net Income $-210,135 $-69,922 +2.0%
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
5
Independent Members
4
Employees
5
Volunteers
20

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
5
$189,000
Total Directors
5
$189,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OLAREMI SOBOMEHIN PRESIDENT/CE 40.00
Officer Director
$165,000 $24,000 $189,000
JERRELL BROWN TREASURER/BO 1.00
Officer Director
$0 $0 $0
LARA SELLERS SECRETARY/BO 1.00
Officer Director
$0 $0 $0
TODD SINGLETON CHAIR/BOARD 1.00
Officer Director
$0 $0 $0
MICHELLE VILCHEZ VICE CHAIR/B 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
2025 $961,824 $1,171,959 $168,680 $-210,135
2024 $946,098 $1,016,020 $312,775 $-69,922
2023 $1,161,002 $850,692 $540,132 $310,310
2022 $222,100 $160,022 $72,073 $62,078
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