CLASS EDUCATION INC

EIN: 205779302 501(c)(3) Education

CARMEL, IN

Total Revenue
$320,120
Total Expenses
$236,880
Total Assets
$767,197
Net Assets
$762,077
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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
2007
Legal Domicile
IN
Principal Officer
JEFFERY PEDERSEN
Phone
3175721576
Tax Period
2024-01-01 to 2024-12-31

CLASS EDUCATION INC, founded in 2007, is a small nonprofit in the Education sector that reported $320K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 26% operating margin.

Mission

TO PROVIDE TRAINING THROUGH SEMINARS TO TEACHERS AND ADMINISTRATORS THAT IMPROVE THE EDUCATIONAL PROCESS IN SCHOOLS

Program Service Accomplishments

Program 1
Expenses: $161,940 Revenue: $293,645

CONDUCTED TRAINING SEMINARS TO TEACHERS AND ADMINISTRATORS THAT IMPROVED CLASSROOM INSTRUCTION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $293,645
Investment Income $26,475
Other Revenue $0
TOTAL REVENUE $320,120

Expense Breakdown

Grants Paid $0
Salaries & Benefits $169,846
Fundraising Expenses $17,195
Program Expenses $161,940
Other Expenses $67,034
TOTAL EXPENSES $236,880

Year-over-Year Comparison

2024 2023 Change
Revenue $320,120 $203,836 +0.6%
Expenses $236,880 $217,415 +0.1%
Net Income $83,240 $-13,579 -7.1%
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
2
Independent Members
2
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
2
$80,000
Total Directors
1
$80,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY PEDERSEN EXECUTIVE DIRECTOR 40.00
Officer Director
$80,000 $0 $80,000
GINO JOHNSON TREASURER 2.00
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 $320,120 $236,880 $767,197 $83,240
2023 $203,836 $217,415 $683,563 $-13,579
2022 $245,672 $236,035 $697,052 $9,637
2021 $341,305 $246,060 $682,046 $95,245
2020 $177,738 $246,602 $623,158 $-68,864
2019 $217,344 $217,508 $640,929 $-164
2018 $376,065 $319,487 $641,093 $56,578
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