Investment and Research in Education Inc (EIN 061372326) - Form 990 Financial Analysis & Trantor Score

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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

1993

Legal Domicile

Principal Officer

JOSE GERARDO CARDENAS JIMENEZ

Phone

7136596551

Tax Period

2023-01-01 to 2023-12-31

Investment and Research in Education Inc, founded in 1993, is a mid-sized nonprofit in the Religion sector that reported $18.7M in total revenue in fiscal year 2023. Revenue surged 171% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16.1M, a strong 86% operating margin.

Mission

TO COLLECT AND USE THE CONTRIBUTIONS TO DONATE FUNDS TO BUILD SEMINARIES, SCHOOLS, AND CHURCHES AND TO PERFORM OTHER RELIGIOUS AND EDUCATIONAL ACTIVITIES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,454,039

Program Service Revenue $0

Investment Income $1,201,656

Other Revenue $0

TOTAL REVENUE $18,655,695

Expense Breakdown

Grants Paid $1,566,170

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,566,170

Other Expenses $957,060

TOTAL EXPENSES $2,523,230

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,655,695	$6,883,224	+1.7%
Expenses	$2,523,230	$3,865,903	-0.3%
Net Income	$16,132,465	$3,017,321	+4.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN CONNOR	DIRECTOR AND PRESIDENT	1.0	Officer Director	$0	$0	$0
HERNAN JIMENEZ	DIRECTOR & VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
LUIS ALBERTO HANAO	SECRETARY & DIRECTOR	1.0	Officer Director	$0	$0	$0
JOSE G CARDENAS	TREASURER & DIRECTOR	1.0	Officer Director	$0	$0	$0
Jesus Villagrasa	Director	1.0	Director	$0	$0	$0
FRANK FORMOLO	ASSISTANT 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
2024	No data	No data	No data	No data
2023	$18,655,695	$2,523,230	$52,040,658	$16,132,465
2022	$6,883,224	$3,865,903	$32,878,693	$3,017,321
2021	$6,765,730	$3,994,287	$38,417,023	$2,771,443
2020	$2,213,085	$1,635,469	$37,322,860	$577,616
2019	$4,205,959	$1,827,938	$34,006,244	$2,378,021
2018	$3,509,681	$2,784,791	$29,679,047	$724,890

Investment and Research in Education Inc