ERUDITE TECHNOLOGY GROUP

🔒

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

1996

Legal Domicile

Principal Officer

MARY WILSON

Phone

6505658391

Tax Period

2023-09-01 to 2024-08-31

ERUDITE TECHNOLOGY GROUP, founded in 1996, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2023.

Mission

Erudite Technology Group, Inc. is a nonprofit public benefit corporation and is not organized for the private gain of any person. It is organized under the California Nonprofit Public Benefit Corporations Law for charitable purposes. In the context of these general purposes, Erudite Technology Group, Inc. shall, through all appropriate means, promote, encourage, foster and engage in charitable, educational, scientific and civic endeavors which serve the public at large, but have a primary purpose of benefiting children with special needs, including but not limited to: establishing and operating a full-inclusion school, disseminating information through various media conducting research developing educational material and software recruiting persons and organizations with technological talents and providing consulting services for other nonprofit benevolent organizations.

Program Service Accomplishments

Program 1

Expenses: $1,896,835 Revenue: $1,858,169

HOPE TECHNOLOGY SCHOOL: Encouraged by the success of its Education Lab, Erudite Technology Group, Inc. began work in 2000 to develop a full-inclusion model elementary school for children with and...

HOPE TECHNOLOGY SCHOOL: Encouraged by the success of its Education Lab, Erudite Technology Group, Inc. began work in 2000 to develop a full-inclusion model elementary school for children with and without special needs, capitalizing on best practices in education and technology. Work to develop the school continued in 2001 and culminated in its official opening in September 2001. The school is called Hope Technology School HTS and has expanded to include programs for children from preschool through high school. Over two decades later, HTS continues to fulfill its purpose of providing first class education to all children, but particularly to children with special needs, with dignity and Acceptance. During the September 1, 2023 - August 31, 2024 school year, HTS served 64 students in Kindergarten through 8th grade, 5 students in the preschool, 9 students in our VocEd program, and 29 students in our Learning Curve high school program.

🔒

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 $294,666

Program Service Revenue $1,858,170

Investment Income $556

Other Revenue $-30,522

TOTAL REVENUE $2,122,870

Expense Breakdown

Grants Paid $139,500

Salaries & Benefits $1,810,123

Fundraising Expenses $32,225

Program Expenses $1,896,835

Other Expenses $206,449

TOTAL EXPENSES $2,156,072

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,122,870	$2,163,999	0.0%
Expenses	$2,156,072	$2,014,313	+0.1%
Net Income	$-33,202	$149,686	-1.2%

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

$69,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gail Ewell	Executive Director	10.0	Officer	$25,000	$24,000	$49,000
Mary Wilson	Treasurer	10.0	Officer	$20,000	$0	$20,000
Russell Ewell	President	2.0	Officer Director	$0	$0	$0
Tom Schaffernoth	Director	1.0	Director	$0	$0	$0
Cecilia Coyne	DIRECTOR	1.0	Director	$0	$0	$0
Victor Ward	DIRECTOR(THROUGH 5/24)	0.1	Director	$0	$0	$0
Darren Holland	DIRECTOR	0.1	Director	$0	$0	$0
Caroline McDonald	DIRECTOR	0.1	Director	$0	$0	$0
Greg Bodzioch	Secretary	1.0	Officer	$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	No data	No data	No data	No data
2024	$2,122,870	$2,156,072	$1,083,296	$-33,202
2023	$2,163,999	$2,014,313	$1,091,088	$149,686
2022	$1,986,763	$2,000,709	$751,233	$-13,946
2021	$2,142,854	$1,809,481	$765,179	$333,373
2020	$1,948,553	$1,901,515	$699,365	$47,038