ALBINA HEAD START INC (EIN 921069936) - 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

1993

Legal Domicile

Principal Officer

LISA KENNEDY

Phone

5032821975

Tax Period

2023-11-01 to 2024-10-31

ALBINA HEAD START INC, founded in 1993, is a mid-sized nonprofit in the Unknown sector that reported $30.6M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HEAD START/EARLY HEAD START EDUCATION SERVICES TO CHILDREN AND FAMILIES, AND EDUCATE PARENTS IN THE AREA OF CHILD DEVELOPMENT, SOCIAL SERVICES AND HEALTH CARE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $30,414,255

Program Service Revenue $0

Investment Income $180,949

Other Revenue $0

TOTAL REVENUE $30,595,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,903,674

Fundraising Expenses $0

Program Expenses $27,748,138

Other Expenses $6,830,373

TOTAL EXPENSES $30,734,047

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,595,204	$26,748,310	+0.1%
Expenses	$30,734,047	$26,530,498	+0.2%
Net Income	$-138,843	$217,812	-1.6%

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

400

Volunteers

606

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

$167,616

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD BROWN	CHAIRPERSON	0.50	Officer Director	$0	$0	$0
PAM GREENOUGH CORRIE	VICE CHAIRPERSON	0.50	Officer Director	$0	$0	$0
TRACI ROSE	FORMER SECRETARY	0.50	Officer Director	$0	$0	$0
TRACI REANDEAU	SECRETARY	0.50	Officer Director	$0	$0	$0
CHRIS HASLE	TREASURER	0.50	Officer Director	$0	$0	$0
REGINA BLAKE	DIRECTOR	0.25	Director	$0	$0	$0
FERNANDO CARILLO	DIRECTOR	0.25	Director	$0	$0	$0
KYNA HARRIS	DIRECTOR	0.25	Director	$0	$0	$0
KEITH JACKSON	DIRECTOR	0.25	Director	$0	$0	$0
EILEEN KELLY	DIRECTOR	0.25	Director	$0	$0	$0
TIM LOGAN	DIRECTOR	0.25	Director	$0	$0	$0
EVELYN MARKS	DIRECTOR	0.25	Director	$0	$0	$0
JULIE NGUYEN	DIRECTOR	0.25	Director	$0	$0	$0
NORMA ORTEGA GUERRA	DIRECTOR	0.25	Director	$0	$0	$0
GLENDA QUEZADA	DIRECTOR	0.25	Director	$0	$0	$0
CARL TALTON	DIRECTOR	0.25	Director	$0	$0	$0
MARK SLEASMAN	FORMER FISCAL MANAGER	30.00	Officer	$61,557	$0	$61,557
RONNIE HERNDON	EXECUTIVE DIRECTOR	40.00	Officer	$95,846	$10,213	$106,059

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	$30,595,204	$30,734,047	$50,873,150	$-138,843
2023	$26,748,310	$26,530,498	$50,119,497	$217,812
2022	$41,210,159	$25,454,868	$48,522,276	$15,755,291
2021	$41,090,621	$22,950,210	$33,040,776	$18,140,411
2020	$19,457,720	$18,833,117	$22,611,624	$624,603
2019	$18,827,025	$18,241,222	$21,557,829	$585,803
2018	$17,846,770	$17,619,218	$20,350,374	$227,552

ALBINA HEAD START INC