BARRIER BREAKERS INC (EIN 873589522) - 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

SYDNEY A MONTGOMERY

Phone

3014175167

Tax Period

2024-01-01 to 2024-12-31

BARRIER BREAKERS INC, founded in 2021, is a small nonprofit in the Education sector that reported $602K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

BARRIER BREAKERS HAS A MISSION TO INCREASE ACCESS TO AND SUCCESS IN HIGHER EDUCATION FOR FIRST-GENERATION AND OTHER MARGINALIZED STUDENTS. BARRIER BREAKERS SPECIALIZES IN WORKING WITH FIRST-GENERATION, MINORITY, AND IMMIGRANT STUDENTS ON THE COLLEGE AND LAW SCHOOL APPLICATION PROCESS. TO DATE, BARRIER BREAKERS HAS HELPED OVER 7,000 STUDENTS RECEIVE MORE THAN $490M IN SCHOLARSHIPS.

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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 $134,065

Program Service Revenue $467,886

Investment Income $0

Other Revenue $497

TOTAL REVENUE $602,448

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $362,605

Fundraising Expenses $0

Program Expenses $408,094

Other Expenses $223,109

TOTAL EXPENSES $587,214

Year-over-Year Comparison

	2024	2023	Change
Revenue	$602,448	$498,655	+0.2%
Expenses	$587,214	$590,106	0.0%
Net Income	$15,234	$-91,451	-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

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

$107,636

Total Directors

$107,636

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SYDNEY MONTGOMERY	PRESIDENT/EXECUTIVE DIRECTOR	50.00	Officer Director	$96,442	$11,194	$107,636
ALICE KROUTIKOVA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHELE EVARD	SECRETARY	1.00	Officer Director	$0	$0	$0
BRANDON RHODES	INTERIM TREASURER	10.00	Officer Director	$0	$0	$0
ASHLEY LIPSCOMB	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD THORNTON	DIRECTOR	1.00	Director	$0	$0	$0
TRACY SIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
YOLANDA INGRAM	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$602,448	$587,214	$12,024	$15,234
2023	$498,655	$590,106	$9,544	$-91,451

BARRIER BREAKERS INC