THE NANTUCKET EDUCATION TRUST INC

EIN: 043165556 501(c)(3)

NANTUCKET, MA

Total Revenue
$431,776
Total Expenses
$307,304
Total Assets
$2,861,400
Net Assets
$1,202,530
🔒

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
1992
Legal Domicile
MA
Principal Officer
JOHN RICCIO
Phone
5082287285
Tax Period
2025-01-01 to 2025-12-31

THE NANTUCKET EDUCATION TRUST INC, founded in 1992, is a small nonprofit that reported $432K in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $124K, a strong 29% operating margin.

Mission

TO GENERATE PRIVATE SUPPORT FOR PUBLIC EDUCATION ON NANTUCKET, TO FOSTER PRIVATE AND PUBLIC PARTNERSHIPS THAT BENEFIT THE CHILDREN OF NANTUCKET PUBLIC SCHOOLS, AND TO HONOR EXCELLENCE IN TEACHING AND LEARNING.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $505
Program Service Revenue $356,550
Investment Income $74,721
Other Revenue $0
TOTAL REVENUE $431,776

Expense Breakdown

Grants Paid $38,000
Salaries & Benefits $4,800
Fundraising Expenses $0
Program Expenses $277,313
Other Expenses $264,504
TOTAL EXPENSES $307,304

Year-over-Year Comparison

2025 2024 Change
Revenue $431,776 $344,695 +0.3%
Expenses $307,304 $237,331 +0.3%
Net Income $124,472 $107,364 +0.2%
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

Sign In

Governance

Voting Members
8
Independent Members
8
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
5
$0
Total Directors
10
$4,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN ANGUELOV DIRECTOR/BOOKKEEPER 1.00
Director
$4,800 $0 $4,800
HADLEY DUTRA PRESIDENT 1.00
Officer Director
$0 $0 $0
ELIZABETH HALLETT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN RICCIO TREASURER 1.00
Officer Director
$0 $0 $0
SHANTAW BLOISE-MURPHY CLERK 1.00
Officer Director
$0 $0 $0
ALICIA GRAZIADEI FORMER CLERK 1.00
Officer Director
$0 $0 $0
MARIE LEMBERG DIRECTOR 1.00
Director
$0 $0 $0
LAURA GALLAGHER-BYRNE DIRECTOR 1.00
Director
$0 $0 $0
LAURIE RICHARDS DIRECTOR 1.00
Director
$0 $0 $0
MEG BROWERS FORMER 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 $431,776 $307,304 $2,861,400 $124,472
2024 $344,695 $237,331 $2,739,939 $107,364
2024 $344,695 $237,331 $2,739,939 $107,364
2023 $309,647 $248,492 $2,632,062 $61,155
2022 $327,629 $222,005 $2,549,512 $105,624
2021 $314,329 $269,977 $2,511,615 $44,352
2020 $309,902 $249,776 $2,501,006 $60,126
2019 $373,726 $219,218 $2,546,158 $154,508
2018 $388,103 $255,363 $2,442,013 $132,740
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE NANTUCKET EDUCATION TRUST INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.