PASSION PRESCHOOL EDUCATIONAL CHILDCARE (EIN 883616151) - 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

ROMEO LEAL

Phone

4808687207

Tax Period

2024-01-01 to 2024-12-31

PASSION PRESCHOOL EDUCATIONAL CHILDCARE, founded in 2022, is a small nonprofit in the Education sector that reported $252K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $285K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO CULTIVATE AN ENVIRONMENT OF EXCELLENCE. IT IS OUR RESPONSIBILITY TO ENSURE (SEE SCHEDULE O) EVERY CHILD RECEIVES THE BEST CARE, EDUCATION AND BIBLICAL FRAMEWORK TO PREPARE THEM AS THE NEXT GENERATION OF INFLUENCERS.

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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 $3

Program Service Revenue $252,191

Investment Income $7

Other Revenue $0

TOTAL REVENUE $252,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $202,559

Fundraising Expenses $3,332

Program Expenses $235,343

Other Expenses $82,558

TOTAL EXPENSES $285,117

Year-over-Year Comparison

	2024	2023	Change
Revenue	$252,201	$203,167	+0.2%
Expenses	$285,117	$158,535	+0.8%
Net Income	$-32,916	$44,632	-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

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

$61,815

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PASTOR ROMEO LEAL	PRESIDENT	10.00	Officer Director	$0	$0	$0
STEPHANIE RICKER	SECRETARY	15.00	Officer Director	$0	$0	$0
JASMIN GUEVARA	PRESCHOOL DIRECTOR UNTIL 2-2024	40.00	Officer	$6,216	$0	$6,216
MARIA GARCIA	PRESCHOOL DIR FROM 3-2024 TO 8-2024	40.00	Officer	$39,759	$0	$39,759
KYRSTEN SCOTT	PRESCHOOL DIRECTOR AS OF 8-2024	40.00	Officer	$15,840	$0	$15,840

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	$252,201	$285,117	$103,308	$-32,916
2023	$203,167	$158,535	$126,224	$44,632

PASSION PRESCHOOL EDUCATIONAL CHILDCARE