StriveCLT (EIN 874644219) - 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

2022

Legal Domicile

Principal Officer

Gwendolyn G High

Tax Period

2024-01-01 to 2024-12-31

StriveCLT, founded in 2022, is a small nonprofit in the Public & Societal Benefit sector that reported $506K in total revenue in fiscal year 2024. Revenue surged 416% from the prior year, signaling strong growth momentum. The organization ran a surplus of $219K, a strong 43% operating margin.

Mission

StriveCLT helps families who aspire to increase their social capital. We provide reading, digital, financial and civic literacy education as well as family mentoring and networking opportunities to help them reach their full potential

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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 $506,018

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $506,018

Expense Breakdown

Grants Paid $0

Salaries & Benefits $85,375

Fundraising Expenses $19,884

Program Expenses $231,496

Other Expenses $201,560

TOTAL EXPENSES $286,935

Year-over-Year Comparison

	2024	2023	Change
Revenue	$506,018	$98,119	+4.2%
Expenses	$286,935	$170,320	+0.7%
Net Income	$219,083	$-72,201	-4.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$85,375

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gwendolyn G High	Executive Dir.	35.00	Officer	$85,375	$0	$85,375
Sam Smith	Chairman	1.00	Officer Director	$0	$0	$0
Gary Henderson	Vice President	1.00	Officer Director	$0	$0	$0
Angela Carlson	Treasurer	3.00	Officer Director	$0	$0	$0
Kristal High Taylor	Secretary	4.00	Officer Director	$0	$0	$0
David Howard	Director	1.00	Director	$0	$0	$0
Beverly Earle	Director	1.00	Director	$0	$0	$0
Cheryl Grover	Director	1.00	Director	$0	$0	$0
Kim Ratliff	Director	1.00	Director	$0	$0	$0
Latoya Castle	Director	1.00	Director	$0	$0	$0
Dorothy Brown	Director	1.00	Director	$0	$0	$0
Jason Gringas	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
2024	$506,018	$286,935	$306,618	$219,083

StriveCLT