Local LearningThe National Network for Folk Arts in Education

EIN: 202728398 501(c)(3) Education

New York, NY

Total Revenue
$316,087
Total Expenses
$250,351
Total Assets
$193,907
Net Assets
$142,496
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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
2006
Legal Domicile
NY
Principal Officer
Elizabeth Rathje
Phone
2125291955
Tax Period
2025-01-01 to 2025-12-31

Local LearningThe National Network for Folk Arts in Education, founded in 2006, is a small nonprofit in the Education sector that reported $316K in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $66K, a strong 21% operating margin.

Mission

Promote folk arts in education resources to support intercultural understanding.

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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 (2025)

Revenue Breakdown

Contributions & Grants $227,465
Program Service Revenue $86,255
Investment Income $960
Other Revenue $1,407
TOTAL REVENUE $316,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $114,978
Fundraising Expenses $2,510
Program Expenses $230,396
Other Expenses $135,373
TOTAL EXPENSES $250,351

Year-over-Year Comparison

2025 2024 Change
Revenue $316,087 $241,342 +0.3%
Expenses $250,351 $235,864 +0.1%
Net Income $65,736 $5,478 +11.0%
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
11
Independent Members
11
Employees
2
Volunteers
25

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
1
$56,001
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HALLE BUTVIN CHAIR 1.00
Director
$0 $0 $0
REESE TANIMURA VICE CHAIR 1.00
Director
$0 $0 $0
LISA HIGGINS TREASURER 1.00
Director
$0 $0 $0
JEAN TOKUDA IRWIN SECRETARY 1.00
Director
$0 $0 $0
MAXWELL KOFI DONKOR BOARD MEMBER 1.00
Director
$0 $0 $0
SHANEDRA NOWELL BOARD MEMBER 1.00
Director
$0 $0 $0
ROSEMARY HATHAWAY BOARD MEMBER 1.00
Director
$0 $0 $0
FLAVIA BASTOS BOARD MEMBER 1.00
Director
$0 $0 $0
MARIT DEWHURST BOARD MEMBER 1.00
Director
$0 $0 $0
MINUETTE FLOYD BOARD MEMBER 1.00
Director
$0 $0 $0
SAHAR MURADI BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH RATHJE EXECUTIVE DIRECTOR 35.00
Officer
$56,001 $0 $56,001
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 $316,087 $250,351 $193,907 $65,736
2024 No data No data No data No data
2023 $245,447 $239,427 $146,244 $6,020
2022 $230,773 $224,041 $140,012 $6,732
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