GLEP EDUCATION FUND

EIN: 200312462 Education

Lansing, MI

Total Revenue
$503,191
Total Expenses
$476,480
Total Assets
$129,248
Net Assets
$129,248
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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
2003
Legal Domicile
MI
Principal Officer
Mary Doster
Phone
5175254994
Tax Period
2023-01-01 to 2023-12-31

GLEP EDUCATION FUND, founded in 2003, is a small nonprofit in the Education sector that reported $503K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $476K left a modest 5% surplus.

Mission

Educate the public on education reform, promote school choice for parents, and support legislative change to school choice and education reform.

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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 (2023)

Revenue Breakdown

Contributions & Grants $503,191
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $503,191

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $167,749
Fundraising Expenses $0
Program Expenses $419,278
Other Expenses $208,731
TOTAL EXPENSES $476,480

Year-over-Year Comparison

2023 2022 Change
Revenue $503,191 $422,942 +0.2%
Expenses $476,480 $397,727 +0.2%
Net Income $26,711 $25,215 +0.1%
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
3
Independent Members
3
Employees
2
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
$35,430
Total Directors
3
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Doster Treasurer 1
Officer
$16,790 $0 $35,430
Jase Bolger Secretary/ Director 1
Officer Director
$0 $0 $0
James Barrett President/Director 1
Officer Director
$0 $0 $0
Nate Bailey Vice President/Director 1
Director Key Emp
$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 $503,191 $476,480 $129,248 $26,711
2022 $422,942 $397,727 $102,537 $25,215
2021 $451,000 $471,185 $77,322 $-20,185
2020 $251,500 $173,637 $97,507 $77,863
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