MANCHESTER EDUCATION ASSOCIATION

EIN: 020280360

MANCHESTER, NH

Total Revenue
$431,220
Total Expenses
$463,315
Total Assets
$166,889
Net Assets
$166,889
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NH
Principal Officer
SUE HANNAN
Phone
6032064723
Tax Period
2024-09-01 to 2025-08-31

MANCHESTER EDUCATION ASSOCIATION, founded in 1969, is a small nonprofit that reported $431K in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring.

Mission

TO WORK FOR THE WELFARE OF SCHOOL CHILDREN, ADVANCEMENT OF EDUCATION AND IMPROVEMENT, DEVELOPEMENT AND PROMOTION OF ETHICAL PRACTICES AND STANDARDS FOR INSTRUCTIONAL OPPORTUNITIES WITHIN THE MANCHESTER SCHOOL SYSTEM.

Program Service Accomplishments

Program 1

PROVIDE FOR WELFARE OF TEACHERS IN MANCHESTER NH AND SCHOLARSHIPS FOR QUALIFIED STUDENTS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $360
Program Service Revenue $428,893
Investment Income $1,967
Other Revenue $0
TOTAL REVENUE $431,220

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,696
Fundraising Expenses $0
Other Expenses $392,619
TOTAL EXPENSES $463,315

Year-over-Year Comparison

2024 2023 Change
Revenue $431,220 $761,237 -0.4%
Expenses $463,315 $778,078 -0.4%
Net Income $-32,095 $-16,841 +0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
3
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
3
$65,250
Total Directors
10
$65,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUE HANNAN PRESIDENT 40.00
Officer Director
$29,250 $0 $29,250
ROBERT FULLER VICE PRESIDE 25.00
Officer Director
$20,250 $0 $20,250
SHAUNA GAGNON TREASURER 10.00
Officer Director
$15,750 $0 $15,750
JOHANNA CLASBY ELEMENTARY 5.00
Director
$0 $0 $0
JEFF HOWE HIGH SCHOOL 5.00
Director
$0 $0 $0
NANCY MCCALL HIGH SCHOOL 5.00
Director
$0 $0 $0
KAREN O'CONNOR MIDDLE SCHOO 5.00
Director
$0 $0 $0
SHERRY TELLIER ELEMENTARY 5.00
Director
$0 $0 $0
GLENN TURGEON MIDDLE SCHOO 5.00
Director
$0 $0 $0
ALLISON VANAGEL AT-LARGE 5.00
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 $431,220 $463,315 $166,889 $-32,095
2024 $761,237 $778,078 $199,049 $-16,841
2023 $484,960 $494,714 $215,889 $-9,754
2022 $762,093 $770,359 $225,645 $-8,266
2021 $791,080 $785,341 $233,845 $5,739
2020 $702,971 $692,611 $282,849 $10,360
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