Next Step Learning Center Inc (EIN 943243557) - 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

1994

Legal Domicile

Principal Officer

Sister Cynthia Canning

Phone

5102511731

Tax Period

2024-07-01 to 2025-06-30

Next Step Learning Center Inc, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $576K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $823K exceeded revenue, resulting in a 43% operating deficit.

Mission

Next Step Learning Centers mission is to strengthen Oakland families - especially Oakland youth ages 17 to 25 who have dropped out of school - through intensive, personalized tutoring.

🔒

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 $508,094

Program Service Revenue $0

Investment Income $67,453

Other Revenue $606

TOTAL REVENUE $576,153

Expense Breakdown

Grants Paid $2,424

Salaries & Benefits $609,628

Fundraising Expenses $69,321

Program Expenses $596,000

Other Expenses $210,498

TOTAL EXPENSES $822,550

Year-over-Year Comparison

	2024	2023	Change
Revenue	$576,153	$453,357	+0.3%
Expenses	$822,550	$641,662	+0.3%
Net Income	$-246,397	$-188,305	+0.3%

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

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

$212,936

Total Directors

$212,936

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sumana Lahiry	Board Chair	1.00	Officer Director	$0	$0	$0
Ryan Falvey	Treasurer	1.00	Officer Director	$0	$0	$0
Sr Joan Doyle	Secretary	1.00	Officer Director	$0	$0	$0
Lisa Stringer	Board President	40.00	Officer Director	$212,936	$0	$212,936
Philip Arca	Interim Executive Director	1.00	Officer Director	$0	$0	$0
Eugene Brown Jr	Director	1.00	Director	$0	$0	$0
Maureen Viani SNJM	Director	1.00	Director	$0	$0	$0
Linda Orrick SNJM	Director	1.00	Director	$0	$0	$0
David A Pereda	Director	1.00	Director	$0	$0	$0
Stephen Sanger	Director	1.00	Director	$0	$0	$0
Gregory Schopf	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
2025	$576,153	$822,550	$3,459,688	$-246,397
2024	$453,357	$641,662	$3,616,376	$-188,305
2023	$1,472,035	$662,982	$3,783,826	$809,053
2022	$807,358	$618,258	$2,961,594	$189,100
2021	$451,112	$612,167	$2,940,659	$-161,055
2020	$608,106	$581,496	$3,024,444	$26,610
2019	$424,306	$599,237	$2,936,961	$-174,931

Next Step Learning Center Inc