THE ACHIEVEMENT NETWORK LTD

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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

Principal Officer

MICHELLE ODEMWINGIE

Phone

6177250000

Tax Period

2024-07-01 to 2025-06-30

THE ACHIEVEMENT NETWORK LTD, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $30.3M in total revenue in fiscal year 2024.

Mission

ANET IS A NONPROFIT DEDICATED TO EXPANDING EDUCATIONAL EQUITY FOR ALL STUDENTS. WE WORK ALONGSIDE LEADERSHIP TEAMS TO SUPPORT TEACHERS' USE OF STANDARD AND DATA TO ACHEIVE BREAKTHROUGH RESULTS FOR STUDENTS IN UNDERSERVED COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $24,757,950 Revenue: $16,416,886

ANET PROVIDES AN INTEGRATED SYSTEM OF STUDEN ASSESSMENT TOOLS, EDUCATIONAL RESOURCES, PROFESSIONAL LEARNING, AND CONSULTING SERVICES TO HELP SCHOOLS AND DISTRICTS BOOST STUDENT LEARNING WITH GREAT...

ANET PROVIDES AN INTEGRATED SYSTEM OF STUDEN ASSESSMENT TOOLS, EDUCATIONAL RESOURCES, PROFESSIONAL LEARNING, AND CONSULTING SERVICES TO HELP SCHOOLS AND DISTRICTS BOOST STUDENT LEARNING WITH GREAT TEACHING THAT'S GROUNDED IN LEARNING STANDARDS, INFORMED BY DATA, AND BUILT ON THE SUCCESSFUL PRACTICES OF EDUCATORS AROUND THE COUNTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $13,003,657

Program Service Revenue $16,416,886

Investment Income $862,142

Other Revenue $13,480

TOTAL REVENUE $30,296,165

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,238,443

Fundraising Expenses $1,655,064

Program Expenses $24,757,950

Other Expenses $6,541,900

TOTAL EXPENSES $30,780,343

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,296,165	$28,326,245	+0.1%
Expenses	$30,780,343	$32,738,988	-0.1%
Net Income	$-484,178	$-4,412,743	-0.9%

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

232

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

$663,200

Total Directors

$318,931

Key Employees

$977,382

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE ODEMWINGIE	PRESIDENT AND CEO, DIRECTOR	40.00	Officer Director	$298,569	$20,362	$318,931
SCOTT WELLS	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
ALEJANDRA VELA	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN MAYCOCK	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE WU	DIRECTOR	1.00	Director	$0	$0	$0
JUDY ELLIOTT	DIRECTOR	1.00	Director	$0	$0	$0
SOJI ADEWUMI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HARDY	DIRECTOR	1.00	Director	$0	$0	$0
XUAN SMITH	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN PICK	DIRECTOR	1.00	Director	$0	$0	$0
IAN SCOTT	CHIEF PSHIPS OFFICER (UNTIL 12/24)	40.00	Officer	$227,996	$16,796	$244,792
DEBORAH GRAY	GENERAL COUNSEL, ASST. SECRETARY	20.00	Officer	$96,230	$3,247	$99,477
CARTER SOMERSET ROMANSKY	CHIEF OF GROWTH & PARTNERSHIPS	40.00	Key Emp	$239,506	$30,271	$269,777
AMRUTHA NAGARAJAN	CHIEF OF IMPLEMENTATION SUCCESS	40.00	Key Emp	$235,066	$21,790	$256,856
CHRISTOPHER RUDOLF RUPPRECHT	CHIEF PRODUCT OFFICER	40.00	Key Emp	$204,125	$27,266	$231,391
KIMBERLY YVONNE COCKRELL	EXTERNAL AFFAIRS LEAD (UNTIL 6/25)	40.00	Key Emp	$202,826	$16,532	$219,358
SHARON ELAINE CHANG	DIRECTOR, ENGINEERING	40.00	Highest	$194,062	$23,848	$217,910
GREGORY DONALD LEWIS	PRINCIPAL SOFTWARE ENGINEER	40.00	Highest	$188,203	$31,454	$219,657
NICOLAS JAMES ANZALONE	VICE PRESIDENT, ENGINEERING	40.00	Highest	$189,781	$31,525	$221,306
EDLYN AMANDA CHELLAPPA-SMITH	VP, PSHIP DESIGN & INNOV.	40.00	Highest	$189,781	$22,698	$212,479
CARL ERIK OSTBERG	PRINCIPAL SOFTWARE ENGINEER	40.00	Highest	$186,688	$14,902	$201,590

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	$30,296,165	$30,780,343	$29,341,005	$-484,178
2024	$28,326,245	$32,738,988	$28,109,067	$-4,412,743
2023	$42,572,864	$33,582,627	$32,168,970	$8,990,237
2022	$30,118,976	$29,244,913	$23,559,572	$874,063