ROCHESTER EDUCATION ASSOCIATION FOR THE DEVELOPMENT OF THE YOUTH (EIN 920762152) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

DR SHANAI LEE

Phone

5858208517

Tax Period

2024-07-01 to 2025-06-30

ROCHESTER EDUCATION ASSOCIATION FOR THE DEVELOPMENT OF THE YOUTH, founded in 2002, is a community nonprofit in the Education sector that reported $5.3M in total revenue in fiscal year 2024. Revenue surged 11454% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.2M, a strong 78% operating margin.

Mission

READY IS DEDICATED TO INCREASING ACCESS TO QUALITY SCHOOLS FOR ROCHESTER'S K-12 STUDENTS. READY WORKS TO TRANSFORM ROCHESTER'S EDUCATION LANDSCAPE BY LAUNCHING AND SUPPORTING HIGH-PERFORMING SCHOOLS, CULTIVATING EFFECTIVE TALENT, AND PROMOTING SUPPORTIVE POLICY CONDITIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,325,150

Program Service Revenue $0

Investment Income $12,949

Other Revenue $0

TOTAL REVENUE $5,338,099

Expense Breakdown

Grants Paid $79,984

Salaries & Benefits $265,558

Fundraising Expenses $0

Program Expenses $816,880

Other Expenses $816,641

TOTAL EXPENSES $1,162,183

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,338,099	$46,200	+114.5%
Expenses	$1,162,183	$641,568	+0.8%
Net Income	$4,175,916	$-595,368	-8.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$166,875

Total Directors

$166,875

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR SHANAI LEE	EXECUTIVE DI	50.00	Officer Director	$166,875	$0	$166,875
LONDON BOOKER	BOARD MEMBER	5.00	Director	$0	$0	$0
MAYA CRANE	TREASURER	5.00	Officer Director	$0	$0	$0
RASHONDA MARTIN	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
CARRIE PENA	BOARD MEMBER	5.00	Director	$0	$0	$0
KAMEELAH SHAHEED-DIALLO	BOARD MEMBER	5.00	Director	$0	$0	$0
LAURA SMITH	BOARD MEMBER	5.00	Director	$0	$0	$0
ALLEN WILLIAMS	VICE CHAIR	5.00	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	$5,338,099	$1,162,183	$4,982,132	$4,175,916
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data

ROCHESTER EDUCATION ASSOCIATION FOR THE DEVELOPMENT OF THE YOUTH