Springfield Education Association Inc

EIN: 042935195

Springfield, MA

Total Revenue
$2,612,300
Total Expenses
$2,600,790
Total Assets
$1,026,097
Net Assets
$825,118
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MA
Principal Officer
Tracy LittleSasanecki
Phone
4137828300
Tax Period
2024-07-01 to 2025-06-30

Springfield Education Association Inc, founded in 1979, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

LABOR ORGANIZATION FOR EDUCATORS. MAINTAIN AND IMPROVE THE QUALITY OF EDUCATION FOR THE STUDENTS, UPHOLD HIGH PROFESSIONAL STANDARDS, AND ADVANCE THE SOCIAL AND ECONOMIC WELL-BEING OF THE EDUCATORS OF THE SPRINGFIELD, MASSACHUSETTS SCHOOL SYSTEM.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,542,348
Investment Income $7,305
Other Revenue $62,647
TOTAL REVENUE $2,612,300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $582,001
Fundraising Expenses $0
Program Expenses $2,600,790
Other Expenses $2,018,789
TOTAL EXPENSES $2,600,790

Year-over-Year Comparison

2024 2023 Change
Revenue $2,612,300 $2,790,860 -0.1%
Expenses $2,600,790 $2,564,878 +0.0%
Net Income $11,510 $225,982 -0.9%
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

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
43
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tracy Little-Sasanecki President 40.00
Officer Director
$0 $0 $0
Brenda Dunn Vice President 5.00
Officer Director
$0 $0 $0
Cataldo Lisa Secretary 0.00
Officer Director
$0 $0 $0
Gary L Burgess Treasurer 4.00
Officer 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 $2,612,300 $2,600,790 $1,026,097 $11,510
2024 $2,790,860 $2,564,878 $968,928 $225,982
2023 $2,508,417 $2,554,269 $714,123 $-45,852
2022 $2,488,432 $2,427,872 $762,097 $60,560
2021 $2,268,627 $2,352,364 $683,476 $-83,737
2020 $2,283,755 $2,294,899 $762,933 $-11,144
2019 $2,201,195 $2,273,550 $948,393 $-72,355
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Springfield Education Association Inc with other nonprofits in Massachusetts and across the country.