Edmond Cofield Preparatory Academy for Young Men Inc (EIN 923023359) - 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

2023

Legal Domicile

Principal Officer

Dr Belinda Carberry

Phone

4753611354

Tax Period

2024-07-01 to 2025-06-30

Edmond Cofield Preparatory Academy for Young Men Inc, founded in 2023, is a small nonprofit in the Youth Development sector that reported $598K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $765K exceeded revenue, resulting in a 28% operating deficit.

Mission

At Edmonds Cofield Preparatory Academy for Young Men, we build a brotherhood of bold thinkers, joyful learners, and global innovators. Our young men are challenged academically, celebrated culturally, and empowered to lead with excellence and pride. Through rich experiences and real-world exposure, they discover their voice, their purpose, and their power, prepared to thrive in high school, college, career, and life.

🔒

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 $598,276

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $598,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $290,124

Fundraising Expenses $0

Program Expenses $391,349

Other Expenses $474,703

TOTAL EXPENSES $764,827

Year-over-Year Comparison

	2024	2023	Change
Revenue	$598,276	$531,393	+0.1%
Expenses	$764,827	N/A	N/A
Net Income	$-166,551	$531,393	-1.3%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Boise Kimber	Chair	1.00	Officer Director	$0	$0	$0
Dr Belinda Carberry	Treasurer	1.00	Officer Director	$0	$0	$0
Marcellus A Edwards III	Vice Chair	1.00	Officer Director	$0	$0	$0
Dr Charles Williams	Secretary	1.00	Officer Director	$0	$0	$0
Dr Glen Worthy	Member	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	$598,276	$764,827	$472,068	$-166,551

Edmond Cofield Preparatory Academy for Young Men Inc