Foundation for Economic Education Inc (EIN 136006960) - 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

1946

Legal Domicile

Principal Officer

Diogo Costa

Phone

4045549980

Tax Period

2023-04-01 to 2024-03-31

Foundation for Economic Education Inc, founded in 1946, is a community nonprofit in the Social Science sector that reported $8.2M in total revenue in fiscal year 2023. Expenses of $7.8M left a modest 5% surplus.

Mission

To promote and educate in the principles of sound economics

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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 $7,055,995

Program Service Revenue $103,577

Investment Income $231,624

Other Revenue $801,851

TOTAL REVENUE $8,193,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,940,329

Fundraising Expenses $1,323,507

Program Expenses $5,591,022

Other Expenses $3,806,215

TOTAL EXPENSES $7,805,668

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,193,047	$8,382,470	0.0%
Expenses	$7,805,668	$7,341,550	+0.1%
Net Income	$387,379	$1,040,920	-0.6%

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

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

$442,376

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Zilvinas Silenas	President	40.00	Officer	$165,880	$22,762	$188,642
Tekoa Coleman	Dir. of Entreprenurial Education	40.00	Highest	$150,000	$0	$150,000
Daniel Sanchez	Director of Content	40.00	Highest	$117,227	$30,180	$147,407
Elisa Bishop	COO	40.00	Officer	$145,000	$0	$145,000
Larry Reed	President Emeritus	40.00	Highest	$131,373	$12,649	$144,022
Alexander Miller	Senior Gifts Officer	40.00	Highest	$127,028	$14,224	$141,252
Javier Perez Saavedra	Business Dev & Research Associate - Strategic Proj	40.00	Highest	$120,361	$10,249	$130,610
Reid Benson	Controller through 2/16/24	40.00	Officer	$107,000	$1,734	$108,734
Wayne Olson	Chairman of the Board	1.00	Officer Director	$0	$0	$0
Dan Grossman	Vice Chairman & Treasurer	1.00	Officer Director	$0	$0	$0
Fredric Fransen	Secretary	1.00	Officer Director	$0	$0	$0
Martin Gallun	Executive Committee At Large	1.00	Officer Director	$0	$0	$0
Thomas Graham	Trustee	1.00	Director	$0	$0	$0
Thomas Beach	Trustee	1.00	Director	$0	$0	$0
Fred Reams	Trustee	1.00	Director	$0	$0	$0
Scott Barbee	Trustee	1.00	Director	$0	$0	$0
Travis May	Trustee	1.00	Director	$0	$0	$0
Nathan Bond	Trustee	1.00	Director	$0	$0	$0
Andew Winner	Trustee	1.00	Director	$0	$0	$0
Richard Greenberg	Trustee	1.00	Director	$0	$0	$0
David Nicholson	Trustee	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	No data	No data	No data	No data
2024	$8,193,047	$7,805,668	$16,156,268	$387,379
2023	$8,382,470	$7,341,550	$12,889,735	$1,040,920
2022	$7,371,269	$6,207,957	$13,111,057	$1,163,312
2021	$7,924,569	$4,523,801	$11,298,202	$3,400,768
2020	$6,424,822	$6,805,267	$7,157,681	$-380,445
2019	$4,897,489	$5,944,151	$8,418,485	$-1,046,662

Foundation for Economic Education Inc